Shred415

$SHRDF500 #501
CategoryHealth & Wellness
SubcategoryFitness (General)
Locations22
Franchisee Count16
Franchise Fee$50,000
Item 7 Low$516,500
Item 7 Midpoint$694,750
Item 7 High$873,000
Royalty FeesThe greater of (i) 8% of your Gross Revenue for the preceding week or (ii) $250 per week (subject to increase annually based on a change to the CPI)
Ad / Brand Fund2%
Sold Not Open0
ParentShred415 Franchising, LLC
Founded
Completeness27/34 (79%)
Years in Business
Began Franchising2017
HQChicago, IL
Executives16
LinksWeb
Main Phone(773) 231-8057
FDD IssuedApril 23, 2019
Last UpdatedAug 15, 2026
FDD2019 🔒
Franchisor

Shred415 offers franchises for the establishment and operation of Shred415® Studios, which provide instructor-led, fast-paced, interval training classes alternating between cardio work on premium treadmills and strength training, along with child care services in a dedicated Kids Corner space.

Franchisees must pay a Technology Fee of $400 per month during the pre-sales period (typically two to three months) and $700 per month thereafter for access to the reservation system, intranet, mobile applications, and the System Website.

Shred415 offers franchises for the establishment and operation of Shred415® Studios, which provide instructor-led, fast-paced, interval training classes alternating between cardio work on premium treadmills and strength training, along with child care services in a dedicated Kids Corner space.

Read Shred415’s complete April 23, 2019 Franchise Disclosure Document. Founder level — $19/mo — also unlocks Item 19 revenue, financial strength and unit trajectory across all 3,860 brands on FranDeals.

Get the FDD
Similar Brands
Planet Fitness
#16$1.3M$3.8M
Unit Traj.
+5.7%
Rev Spread
12.3×
Payback
~8.5 yr
Net Growth
+4.2%
Survival
99.9%
Turnover
9.1%
Saturation
6.9 / M
Litig/100
0.00
Royalty+Ad
7% + 2%
4yr Units
+395
Rev/Invest
0.60×
Crunch Fitness
#20$2.1M$5.4M
Unit Traj.
+12.5%
Rev Spread
9.4×
Payback
~8.6 yr
Net Growth
+13.5%
Survival
96.7%
Turnover
7.1%
Saturation
1.3 / M
Litig/100
0.42
Royalty+Ad
5% + 7%
4yr Units
+158
Rev/Invest
0.66×
Hotworx
#58$289K$1.1M
Unit Traj.
+39.1%
Rev Spread
Payback
Net Growth
+10.7%
Survival
98.7%
Turnover
6.1%
Saturation
2.7 / M
Litig/100
0.25
Royalty+Ad
6.5% + 10%
4yr Units
+403
Rev/Invest
Anytime Fitness
#82$539K$905K
Unit Traj.
-0.8%
Rev Spread
22.7×
Payback
~12.5 yr
Net Growth
+0.8%
Survival
98.7%
Turnover
1.1%
Saturation
9.1 / M
Litig/100
0.56
Royalty+Ad
8% + 3%
4yr Units
−48
Rev/Invest
0.60×
OrangeTheory Fitness
#120$765K$1.1M
Unit Traj.
+0.2%
Rev Spread
18.4×
Payback
~11.4 yr
Net Growth
−6.0%
Survival
93.0%
Turnover
19.6%
Saturation
3.4 / M
Litig/100
0.25
Royalty+Ad
8% + 3%
4yr Units
−78
Rev/Invest
0.72×
Gold's Gym
#179$2.4M$5.2M
Unit Traj.
-5.5%
Rev Spread
27.0×
Payback
~12697.3 yr
Net Growth
−20.5%
Survival
76.5%
Turnover
5.3%
Saturation
1.2 / M
Litig/100
0.00
Royalty+Ad
5% + 5%
4yr Units
−39
Rev/Invest
0.00×
The Exercise Coach
#271$303K$549K
Unit Traj.
+13.3%
Rev Spread
6.7×
Payback
~10.7 yr
Net Growth
+2.8%
Survival
97.7%
Turnover
7.8%
Saturation
0.8 / M
Litig/100
0.00
Royalty+Ad
6% + 4%
4yr Units
+51
Rev/Invest
0.66×
F45 Training
#311$362K$858K
Unit Traj.
+8.4%
Rev Spread
16.4×
Payback
~7.8 yr
Net Growth
−5.5%
Survival
89.6%
Turnover
9.8%
Saturation
1.9 / M
Litig/100
5.46
Royalty+Ad
7% + 2%
4yr Units
−23
Rev/Invest
0.76×
Open CRM →