How Much Does it Cost?
Mayweather Boxing + Fitness is one of the most affordable opportunities in the fitness category
In the fitness category, few other brands have engineered their business model to be as cost-effective as Mayweather Boxing + Fitness.
While some other brands require heaps of equipment and square footage, Mayweather Boxing + Fitness optimizes space and cost. Our layout requires only 1,800 – 3,500 of square footage, and our equipment package is designed to be the best mix of effective for our members and affordable to our franchise owners.
Walk into a Mayweather Boxing + Fitness and you’ll see a very organized layout. We have a welcome station for our members to check in, a wall of branded Mayweather merchandise for you to generate more revenue, and the fitness studio. The equipment you’ll see are bag racks, functional workout equipment, and floor stations.
“Our business model is designed to be easy to follow,” says James Williams, CEO and co-founder. “Once you find the right location, you can be up and running in a matter of months. Our layout is designed to increase the profit-potential of the business, while delivering an exceptional member experience. We provide the blueprint, so that our franchise owners can focus on growing their business and building a great culture within their four walls.”
What are the total costs of ownership?
The total cost to open a new Mayweather Boxing + Fitness franchise ranges from $299,700 – $595,500. In the competitive boutique fitness category, Mayweather Boxing + Fitness is one of the most attractive franchise opportunities on the market.
Is financing available?
While Mayweather Boxing + Fitness doesn’t offer direct access to financing, we have relationships with third-party lenders who can help you secure the funds necessary to open your new business. To learn more about what financing options might be available, fill out an inquiry form here and start a conversation.
Do you offer a discount to veterans?
Yes! We proudly offer a 20% discount off the initial franchise fee for all qualified veterans. We thank you for your service!
Want a deep-dive into the costs and fees associated with ownership?
Please review item 7 from our most recent Franchise Disclosure Document for a comprehensive overview of the costs and fees associated with owning a Mayweather Boxing + Fitness franchise below:
Type of Expenditure | Low Amount | High Amount | Method of Payment | When Due | To Whom Payment is to be Made |
---|---|---|---|---|---|
Initial Franchise Fee | $49,500 | $49,500 | Lump sum | Upon signing of the Franchise Agreement. | Us |
Technology System | $27,700 | $36,700 | As incurred | Before opening | Our affiliates and approved vendors. |
Equipment, Furniture and Fixtures | $67,000 | $106,500 | As incurred | Before Opening. | Our affiliate. |
Real Estate | $7,400 | $30,000 | As incurred | Before Opening. | Landlord. |
Leasehold Improvements | $54,000 | $178,000 | As incurred | Before Opening. | Landlord, us or our affiliate. |
Sound Attenuation Study | $0 | $5,000 | As incurred | Before Opening. | Supplier |
Utilities | $300 | $500 | As incurred | Before Opening. | Suppliers |
Signage | $10,000 | $20,000 | Lump sum | Before Opening. | Our affiliate or approved vendors. |
Start-Up Inventory | $17,800 | $17,800 | Lump sum | Before Opening. | Us, our affiliates or approved vendors. |
Grand Opening Marketing | $18,000 | $30,000 | As incurred | Over the course of 4 month | Us, our affiliate or approved vendors. |
Insurance | $4,500 | $5,000 | As incurred | Before opening | Suppliers. |
Travel, Lodging and Meals for Initial Training Program | $2,500 | $2,500 | As incurred | Before opening | Transportation lines, hotels, restaurants. |
Business Licenses, Permits, Certifications, Soft Construction Costs, and other Professional Fees | $16,000 | $39,000 | As incurred | Before opening | Our affiliate, licensing authorities and third parties. |
Operation Expenses and Additional Funds | $25,000 | $75,000 | As incurred | Spent over the course of the first 5 to 7 months | Various parties, including us (Tech Fees), other Approved Suppliers, LL, Facility personnel, other suppliers, etc. |
Total | $299,700 | $595,500 |