Min investment
£50,000
Outlets
1
The Shredquarters franchise
Start your own functional fitness gymGyms that are proud to be different: weekly subscription income, structured & varied classes, low setup costs.
Minimum investment
£50,000
Funding support
Yes
Total investment
£90,000
Franchise fees
N/A
Business type
Franchise
Expected revenue after 2 years
£240,000
Minimum investment
£50,000
Outlets
1
-
Operating fee:
N/A -
Advertising fee:
N/A -
Royalty fee:
N/A -
Average floor space:
N/A
About The Shredquarters
Franchise
Are you fanatical about health and business? We have developed an inclusive, lucrative business model that is low-cost to set up with the potential for multi-site growth.
The wellness industry is booming – we all know the population, young and old, need and want to do more exercise, but most struggle with the discipline of attending a ‘traditional’ self-service gym. But we don’t limit our market to the minority of motivated gym bunnies or body-sculpting heroes…
At The Shredquarters we create a community spirit, attracting and engaging a far wider mix of members with ever-evolving structured classes within several diverse themes. No two classes are the same!
“We set out to be the best; to forge deeper more profitable and longer relationships with our members. We focus on running structured classes with a high trainer-member ratio, which keeps people engaged so they value their time at their local Shredquarters.”
Adam, Co-founder
Training and support provided
The team at Shred have a proven track record, having previously built multimillion-pound businesses and worked with some of the biggest brands in the UK. We can provide the support you need to set up, operate and develop your new Shredquarters business, including.
- Sourcing premises, equipment and fit-out
- Guidance recruiting and training your staff
- A complete business management tool to run your gym(s)
- Launch marketing programme and member engagement
- Ever-evolving course programmes to keep members engaged
- Ongoing business development, marketing and tailored support
“The team have very different skills and experience, sharing a common motivation to help people build their own gym businesses. Our guidance and support is tailored to the individuals’ requirements, which change during the journey.”
Nick, Franchise Director
INVESTMENT AND RETURNS
To setup your first gym you will need to able to invest circa £90K, depending on the premises. Up to 50% financing is available, subject to status.
Depending on your background, you may choose to start as one of the trainers initially, or employ trainers and focus on growing your new business. Whatever your skillset, we will guide you in preparing a detailed business plan to map your journey, the investment required and your expected returns. Finding your premises is the biggest variable in the setup cost/timescales, but don’t panic – we will help you with this as well.
There are multiple income streams from your members and a weekly subscription income means you need less working capital than a traditional model to grow your new gym.
“It’s how most people want to train. The structured classes provide guidance, motivation and some friendly competition! We create a community – Shred becomes part of people’s lives. Our approach has enabled us to attract, engage and of course retain members from the ages of 16 to 69 years old.”
Hannah, Co-founder
The ideal The Shredquarters franchisee
You will need to be extremely driven, a great communicator, passionate about health and wellness and commercially astute. You don’t need to have run gym classes before to be successful.
- Start as business owner or trainer
- Great for partnerships and couples
- Minimum cash of £50K, funding available subject to status
We will help locate suitable premises for your first Shredquarters. You need the right site and every territory is different so this part of the process can affect the start-up timeline.
Get in touch to find out more.
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