Start-Up Costs and Fees |
||
| 21 Minute Convenience Fitness | Mayweather Boxing + Fitness | |
| Investment | 124500 - 195300 | 39500 - 698000 |
| Franchise Fee | 0 | |
| Royalty Fee | 3% | |
| Advertising Fee | ||
| Year Founded | 2003 | 2018 |
| Year Franchised | 2005 | 2018 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| 21 Minute Convenience Fitness | Mayweather Boxing + Fitness | |
| Experience | ||
Financing Options |
||
| 21 Minute Convenience Fitness | Mayweather Boxing + Fitness | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| 21 Minute Convenience Fitness | Mayweather Boxing + Fitness | |
| Training | Internet | |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | |
| Marketing | Co-op advertising, Ad slicks | |
| Operations | 1% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 - 2 Absentee ownership of franchise is allowed. | |
Expansion Plans |
||
| 21 Minute Convenience Fitness | Mayweather Boxing + Fitness | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| 21 Minute Convenience Fitness | |
| Mayweather Boxing + Fitness | |
| Franchise Fee | |
| 21 Minute Convenience Fitness | |
| Mayweather Boxing + Fitness | |
| Royalty Fee | |
| 21 Minute Convenience Fitness | 3% |
| Mayweather Boxing + Fitness | |
| Advertising Fee | |
| 21 Minute Convenience Fitness | |
| Mayweather Boxing + Fitness | |
| Year Founded | |
| 21 Minute Convenience Fitness | 2003 |
| Mayweather Boxing + Fitness | 2018 |
| Year Franchised | |
| 21 Minute Convenience Fitness | 2005 |
| Mayweather Boxing + Fitness | 2018 |
| Term Of Agreement | |
| 21 Minute Convenience Fitness | 10 years |
| Mayweather Boxing + Fitness | |
| Renewal Fee | |
| 21 Minute Convenience Fitness | 25% of fran. fee |
| Mayweather Boxing + Fitness | |
Business Experience Requirements |
|
| Experience | |
| 21 Minute Convenience Fitness | |
| Mayweather Boxing + Fitness | |
Financing Options |
|
| Franchise Fees | |
| 21 Minute Convenience Fitness | No |
| Mayweather Boxing + Fitness | No |
| Start-up Costs | |
| 21 Minute Convenience Fitness | |
| Mayweather Boxing + Fitness | |
| Equipment | |
| 21 Minute Convenience Fitness} | |
| Mayweather Boxing + Fitness | |
| Inventory | |
| 21 Minute Convenience Fitness | |
| Mayweather Boxing + Fitness | |
| Receivables | |
| 21 Minute Convenience Fitness | |
| Mayweather Boxing + Fitness | |
| Payroll | |
| 21 Minute Convenience Fitness | |
| Mayweather Boxing + Fitness | |
Training & Support |
|
| Training | |
| 21 Minute Convenience Fitness | Internet |
| Mayweather Boxing + Fitness | |
| Support | |
| 21 Minute Convenience Fitness | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| Mayweather Boxing + Fitness | |
| Marketing | |
| 21 Minute Convenience Fitness | Co-op advertising, Ad slicks |
| Mayweather Boxing + Fitness | |
| Operations | |
| 21 Minute Convenience Fitness | 1% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 - 2 Absentee ownership of franchise is allowed. |
| Mayweather Boxing + Fitness | |
Expansion Plans |
|
| US Expansion | |
| 21 Minute Convenience Fitness | |
| Mayweather Boxing + Fitness | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | |
| 21 Minute Convenience Fitness | |
| Mayweather Boxing + Fitness | |
| International Expansion | |
| 21 Minute Convenience Fitness | |
| Mayweather Boxing + Fitness | |