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Shred415

Shred415

Franchising since 2011 · 10 locations

The total investment to open a Shred415 franchise ranges from $80,000 - $829,600. The initial franchise fee is $50,000. Ongoing royalties are 8%. Shred415 currently operates 10 locations (10 franchised). The top SBA 7(a) lenders for Shred415 are Ameris Bank, Stearns Bank and JPMorgan Chase Bank. PeerSense FPI health score: 24/100.

Investment

$80,000 - $829,600

Franchise Fee

$50,000

Total Units

10

10 franchised

FPI Score
High
24

Proprietary PeerSense metric

Limited
Capital Partners
8lenders available

Active capital sources verified for Shred415 financing

SBA

7(a) Eligible

21d

Avg Funding

P+2.25%

Best Rate

No retainers · Referral fee at closing

FPI Score Breakdown

Growing (10-24 loans)

High Confidence
24out of 100
Limited

SBA Lending Performance

SBA Default Rate

20.0%

3 of 15 loans charged off

SBA Loans

15

Total Volume

$7.7M

Active Lenders

8

States

7

Top SBA Lenders for Shred415

What is the Shred415 franchise?

Shred415 stands as a compelling brand within the dynamic and ever-evolving fitness landscape, offering a unique and high-energy group fitness experience that has captivated a loyal following. Positioned firmly within the Fitness and Recreational Sports Centers category, this innovative concept is built upon a foundation of high-intensity interval training, expertly blending treadmill work with strength training for a full-body workout designed to challenge participants of all fitness levels. The brand's core philosophy centers on empowering individuals to achieve their personal best in a supportive and motivating community environment, fostering not just physical transformation but also mental resilience. With its headquarters strategically located in DENVER, CO, Shred415 has cultivated a distinctive identity that resonates deeply with consumers seeking efficient, effective, and engaging fitness solutions. The intentional design of each class, structured to maximize calorie burn and muscle engagement within a specific timeframe, speaks directly to the modern consumer's demand for optimized fitness routines that fit into busy schedules. This focused approach differentiates the Shred415 franchise in a crowded market, emphasizing results-driven workouts delivered by highly trained instructors. The Shred415 franchise offers a meticulously crafted operational model that combines proven fitness methodologies with robust business practices, establishing a strong presence in the communities it serves and attracting a diverse clientele eager for a premium fitness experience. The brand’s commitment to providing a consistent and high-quality workout experience across all its locations reinforces its market position as a leader in the boutique fitness segment, making the Shred415 franchise an attractive proposition for discerning entrepreneurs.

The Fitness and Recreational Sports Centers industry continues to demonstrate robust growth, driven by an increasing global awareness of health and wellness, coupled with a persistent desire for structured and engaging physical activity. This sector, characterized by its resilience and adaptability, has seen a significant shift towards boutique fitness studios that offer specialized experiences, smaller class sizes, and a strong sense of community, moving beyond the traditional large-scale gyms. Consumers are actively seeking personalized attention, innovative workout formats, and environments that foster genuine connection, all of which align perfectly with the Shred415 franchise model. The market benefits from demographic trends indicating an aging population committed to active lifestyles, as well as younger generations prioritizing preventative health measures. Technological advancements in wearable fitness devices and digital engagement tools further support industry expansion, allowing studios to enhance client experience and track progress more effectively. The demand for group exercise classes that provide both challenging workouts and social interaction remains consistently high, reinforcing the viability of concepts like the Shred415 franchise that deliver both. Economic indicators suggest continued consumer spending on discretionary wellness services, underlining the stability and growth potential for well-managed fitness businesses. The industry landscape is ripe for established and innovative brands that can consistently deliver value and measurable results to their members, ensuring a strong foundation for the expansion of the Shred415 franchise into new markets.

Investing in a Shred415 franchise presents a comprehensive financial commitment, with the total estimated investment ranging from $80,000 to $829,600. This broad range accounts for various factors inherent in establishing a premium fitness studio, providing a clear picture for prospective franchisees. The initial investment typically includes the franchise fee, which grants the franchisee the right to use the Shred415 brand, proprietary systems, and trademarks, alongside receiving initial training and support. A significant portion of the investment is allocated to tenant improvements and leasehold improvements, transforming a raw commercial space into a state-of-the-art Shred415 studio, complete with specialized flooring, lighting, sound systems, and locker room facilities that meet brand specifications. The acquisition of high-quality fitness equipment, including treadmills, weights, and other necessary apparatus for the unique Shred415 workout, also represents a substantial component of the total cost. Furthermore, initial marketing and grand opening expenses are crucial for building brand awareness and attracting the foundational membership base in a new territory, ensuring a strong launch for the Shred415 franchise. Working capital is another vital element, covering initial operational costs such as staff salaries, rent, utilities, and insurance for the first few months of operation, providing a financial cushion until the business achieves self-sufficiency. The wide investment range reflects variables such as the size and condition of the chosen location, the regional cost of labor and materials, and local market conditions, all of which can influence the final capital outlay required to establish a thriving Shred415 franchise. Prospective investors are strongly encouraged to thoroughly review the Franchise Disclosure Document (FDD) for a detailed breakdown of each cost component, enabling them to construct a precise financial plan tailored to their specific market and operational goals, ensuring a clear understanding of the full scope of the Shred415 franchise investment.

The Shred415 franchise operates on a meticulously designed model that prioritizes both an exceptional member experience and efficient business management. Each studio delivers a signature workout format that seamlessly integrates high-intensity treadmill intervals with dynamic strength training, guided by certified and engaging instructors who are central to the brand's appeal. The operational blueprint encompasses comprehensive guidelines for class scheduling, instructor training and certification, equipment maintenance, and member management, ensuring consistency and quality across all locations. Franchisees receive extensive initial training covering all facets of studio operation, from sales and marketing strategies to day-to-day class management and customer service protocols. This foundational training prepares owners and their core staff to effectively launch and manage their Shred415 franchise, instilling confidence and competence from day one. Beyond the initial phase, the franchisor provides ongoing support through regular communication, performance analysis, marketing campaign development, and access to proprietary operational manuals and software systems. This continuous support structure is designed to help franchisees optimize their performance, navigate market challenges, and capitalize on growth opportunities. Site selection assistance is also a critical component, leveraging demographic data and real estate expertise to identify prime locations with high visibility and accessibility, targeting areas with a strong potential member base. The Shred415 franchise also benefits from a centralized marketing strategy that provides franchisees with brand assets, promotional materials, and guidance on local marketing initiatives, amplifying brand recognition and driving membership sales. This comprehensive support system is instrumental in empowering franchisees to replicate the brand's success and cultivate a thriving Shred415 franchise within their respective communities, ensuring operational excellence and a consistent high-quality experience for every member.

While specific revenue and profitability figures for the Shred415 franchise are not publicly disclosed, the business model is built upon principles that typically foster strong financial performance within the boutique fitness sector. The revenue generation for a Shred415 franchise primarily stems from recurring membership subscriptions, class packages, and drop-in rates, creating a predictable and consistent income stream that is highly attractive to investors. The emphasis on a premium, results-driven workout experience often allows for competitive pricing, attracting a dedicated clientele willing to invest in their health and fitness goals. Additional revenue opportunities can include the sale of branded merchandise, such as apparel and accessories, which enhances brand loyalty and provides an extra income channel. Many successful fitness studios also explore offering specialized workshops, personal training sessions, or corporate wellness programs, further diversifying their income streams beyond standard class offerings. The operational efficiency inherent in a well-managed group fitness model, where a single instructor can serve multiple clients simultaneously, contributes to favorable profit margins once fixed costs are covered. Effective cost management, particularly in areas like staffing, rent, and equipment maintenance, plays a crucial role in maximizing the profitability of a Shred415 franchise. The ability to attract and retain members through exceptional service and a vibrant community atmosphere directly impacts the long-term financial health of the business, reducing churn and ensuring a steady flow of revenue. Prospective franchisees are advised to carefully review the Franchise Disclosure Document (FDD) for any financial performance representations, often found in Item 19, which can provide valuable insights into the potential earnings and operational costs associated with owning and operating a Shred415 franchise, enabling a more informed financial projection based on historical data.

The Shred415 franchise, currently operating with 11 units, demonstrates a solid foundation for significant future expansion and a clear growth trajectory within the competitive fitness industry. This measured expansion indicates a strategic approach to brand development, ensuring that each new location is established with the necessary support and operational excellence. The brand’s unique blending of treadmill and strength training provides a distinct competitive advantage, appealing to a broad demographic seeking comprehensive and efficient workouts. This specialized niche helps the Shred415 franchise stand out from more generalized fitness offerings, fostering a passionate community of members who appreciate the specific benefits of the program. The emphasis on high-quality instruction and a strong, motivating class environment further differentiates the brand, promoting high member retention rates and organic growth through word-of-mouth referrals. The franchisor's commitment to continuous curriculum development and operational innovation ensures that the Shred415 franchise remains at the forefront of fitness trends, adapting to consumer preferences while maintaining its core identity. The relatively contained number of existing units suggests ample opportunity for new franchisees to secure prime territories in underserved markets, establishing themselves as early adopters in their respective regions. The scalability of the Shred415 concept, designed to be replicated efficiently while maintaining brand integrity, positions it for accelerated growth as the demand for boutique fitness continues to surge. The robust support infrastructure provided by the franchisor, from site selection to ongoing marketing, empowers franchisees to effectively compete and thrive. This combination of a proven model, a compelling brand identity, and strategic growth planning makes the Shred415 franchise an exciting prospect for entrepreneurs looking to enter a dynamic and rewarding industry with significant potential.

The ideal Shred415 franchise owner is an individual deeply passionate about health, fitness, and community building, possessing a strong entrepreneurial spirit and a genuine desire to make a positive impact on people's lives. This individual typically exhibits robust leadership qualities, capable of motivating a team of instructors and fostering an inclusive, energetic environment for members. Prior business management experience, particularly in customer service or operations, can be highly beneficial, though not always strictly required, as the comprehensive training program covers essential business acumen. A willingness to actively engage with the local community, participate in local events, and build strong relationships with members is paramount, as the Shred415 franchise thrives on its community-centric approach. Financial qualifications, including adequate liquid capital and net worth to meet the investment requirements, are also critical for securing the Shred415 franchise. Franchisees should demonstrate a commitment to adhering to a proven system, understanding that consistency in brand standards and operational procedures is key to collective success. Territory selection for a Shred415 franchise is a data-driven process, typically focusing on areas with favorable demographics such as population density, median household income, and a strong presence of health-conscious consumers. The franchisor assists in identifying strategic locations that offer high visibility, convenient access, and sufficient parking, ensuring maximum exposure and accessibility for potential members. Understanding local market dynamics and competitive landscapes is also crucial in defining a territory that offers significant growth potential for the Shred415 franchise.

The Shred415 franchise represents a compelling investment opportunity for individuals seeking to enter the thriving fitness industry with a well-defined, energetic brand. With 11 total units already successfully operating, the brand has demonstrated its capacity for growth and market penetration within the competitive Fitness and Recreational Sports Centers category. The investment range of $80,000 to $829,600 provides a clear financial outline for prospective investors, allowing for meticulous planning and allocation of resources to establish a state-of-the-art studio. The FPI Score of 24 further underscores the attractiveness and potential health of the Shred415 franchise system, providing an independent benchmark for evaluating its overall investment appeal. This score, developed by PeerSense, reflects various factors contributing to a franchise's strength and franchisee satisfaction. Based in DENVER, CO, the franchisor provides a robust support system, encompassing comprehensive training, ongoing operational guidance, and effective marketing strategies designed to empower franchisees for sustained success. The unique high-intensity interval training model, combined with a strong community focus, positions the Shred415 franchise to capture a significant share of the rapidly expanding boutique fitness market. For the entrepreneur passionate about health and wellness, equipped with leadership skills and a commitment to operational excellence, the Shred415 franchise offers a rewarding path to business ownership within a dynamic industry. Explore the complete Shred415 franchise profile on PeerSense to access the full suite of independent franchise intelligence data.

FPI Score

24/100

SBA Default Rate

20.0%

Active Lenders

8

Key Highlights

Data Insights

Key performance metrics for Shred415 based on SBA lending data

SBA Default Rate

20.0%

3 of 15 loans charged off

SBA Loan Volume

15 loans

Across 8 lenders

Lender Diversity

8 lenders

Avg 1.9 loans per lender

Investment Tier

Significant investment

$80,000 – $829,600 total

Shred415 — Deep SBA Data

Brand-specific metrics derived directly from SBA 7(a) approval records — peak lending year, leading state, average loan size, and lender concentration. PeerSense computes these per brand so capital advisors and prospective franchisees can benchmark this opportunity against the rest of the franchise universe.

Peak SBA Year

2019

8 approvals — best year on record for Shred415.

Top SBA State

Colorado

5 SBA-financed Shred415 locations — the densest operator footprint.

Average Loan Size

$515K

Median $563K — use as a sizing anchor when modeling your own $Shred415 unit.

Lender Concentration

46.7%

Concentrated

Share of Shred415 approvals captured by the top 3 SBA lenders.

Shred415's SBA lending pipeline peaked in 2019 (8 approvals). Operator density is highest in Colorado with 5 SBA-financed locations. Average funded ticket sits at $515K, with the median at $563K. Lender mix is concentrated: the top three SBA lenders account for 46.7% of approvals — credit decisions concentrate with a small group of incumbents.

Payment Estimator

Loan Amount$64K
Interest Rate9.5%
Term (Years)10 yr

Estimated Monthly Payment

$828

Principal & Interest only

Locations

Shred415unit breakdown

Total Units
N/A
Franchisee Owned
System Owned
Closed

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