Mayweather Boxing + Fitness: Costs, Fees, Profit & Locations

Mayweather Boxing + Fitness franchise offers exclusive workouts, support, and training to its members, with a focus on community engagement and multiple revenue streams.

Read the original at 1851 Franchise
Mayweather Boxing + Fitness: Costs, Fees, Profit & Locations

TL;DR

Mayweather Boxing + Fitness is a franchise offering exclusive workouts and support to its members, with a focus on community engagement and multiple revenue streams. The total investment to open a new franchise ranges from $299,700 to $595,500.

The franchise model is designed to offer multiple revenue streams, including recurring monthly memberships, merchandise sales, and personal training packages.

  • Exclusive Workouts: The franchise offers workouts designed by Floyd Mayweather himself, providing members with a unique and authentic fitness experience.

  • Support and Training: Franchisees receive comprehensive support and training from the company's leadership team, helping them establish and grow successful businesses within the fitness industry.

  • Community Engagement: The franchise fosters a sense of community among members, emphasizing mutual support and encouragement to achieve fitness goals.

The franchise has received positive feedback from franchise owners who highlight the effectiveness of the workouts, the energetic atmosphere in the centers, and the sense of being part of a supportive community.

When it comes to franchisee support, the company says they offer a “unique roadmap” to opening that enables franchisees to drive revenue from the beginning. Additionally, the business model has been created to reduce start-up costs with a value-engineered design for gyms so that they need only about 1,500 to 3,000 square feet, which is smaller than many competitors.

Earnings are not publicly available, however SharpSheets estimates that Mayweather Boxing and Fitness franchises made $421,000 in sales on average per year in 2021.

The total investment to open a new Mayweather Boxing + Fitness franchise ranges from $299,700 to $595,500. To qualify for ownership, franchisees need a minimum net worth of $500,000, and $150,000 in liquid capital.

  • Initial Franchise Fee: $49,500

  • Technology System: $27,700 - $36,700

  • Equipment, Furniture and Fixtures: $67,000 - $106,500

  • Real Estate: $7,400 - $30,000

  • Leasehold Improvements: $54,000 - $178,000

  • Sound Attenuation Study: $0 - $5,000

  • Signage: $10,000 - $20,000

  • Start-Up Inventory: $17,800

  • Grand Opening Marketing: $18,000 - $30,000

  • Insurance: $4,500 - $5,000

  • Travel, Lodging and Meals for Initial Training Program: $2,500

  • Business Licenses, Permits, Certifications, Soft Construction Costs, and other Professional Fees: $16,000 - $39,000

  • Operation Expenses and Additional Funds: $25,000 - $75,000

In this story

This story was originally published in 1851 Franchise on June 8, 2024. Burnaze summarizes and links to the original reporting.

Read the full story at 1851 Franchise

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