Fitness (General)

Shred415

Chicago, IL · SHRD

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.

2026 Franchise 500
Unranked
22
units (2024)
year over year

Units by Year

22
2024

Total outlets at year end, from FDD Item 20.

The Investment

Initial investment
$516,500 – $873,000
FDD Item 7
Franchise fee
$50,000
FDD Item 5
Ad fund
2%
FDD Item 6
Financial performance
Yes
FDD Item 19 disclosure
Royalty

The 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)

Leadership

  • Bonnie Micheli

    Co-Founder and Director of Operations

  • Tracy Roemer

    Co-Founder and Director of Operations

  • Matt Micheli

    Chief Executive Officer

  • Perl Marwah

    Chief Financial Officer

  • Drew Chalfant

    General Counsel

  • Emily Brown

    Vice President of Franchise Operations

  • Kurt Roemer

    Director of Communications

  • Jeremy Walton

    Director of Fitness Training

  • Mark Beier

    Director of Fitness Training

  • Jennifer Wilkins

    Director of Training

On File

FDD years
Select a year to open the FDD
Franchisee records
16
Current roster rows
Signed, not open
0
FDD Item 20, Table 5
Franchising for
9 yrs

Franchise Disclosure Documents

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Read from this brand's Franchise Disclosure Documents. FDD library maintained by AskTy; figures are as filed by the franchisor.