Start-Up Costs and Fees |
||
| Crunch Fitness | Mayweather Boxing + Fitness | |
| Investment | 255500 - 2320500 | 39500 - 698000 |
| Franchise Fee | ||
| Royalty Fee | 5% | |
| Advertising Fee | 2% | |
| Year Founded | 1989 | 2018 |
| Year Franchised | 2010 | 2018 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Crunch Fitness | Mayweather Boxing + Fitness | |
| Experience | ||
Financing Options |
||
| Crunch Fitness | Mayweather Boxing + Fitness | |
| Franchise Fees | Yes | |
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Crunch Fitness | Mayweather Boxing + Fitness | |
| Training | On-The-Job Training: 40 hours Classroom Training: 16 hours | |
| Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | |
| Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | |
| Operations | Absentee Ownership Allowed Number of Employees Required to Run: 15 | |
Expansion Plans |
||
| Crunch 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 | |
| Crunch Fitness | |
| Mayweather Boxing + Fitness | |
| Franchise Fee | |
| Crunch Fitness | |
| Mayweather Boxing + Fitness | |
| Royalty Fee | |
| Crunch Fitness | 5% |
| Mayweather Boxing + Fitness | |
| Advertising Fee | |
| Crunch Fitness | 2% |
| Mayweather Boxing + Fitness | |
| Year Founded | |
| Crunch Fitness | 1989 |
| Mayweather Boxing + Fitness | 2018 |
| Year Franchised | |
| Crunch Fitness | 2010 |
| Mayweather Boxing + Fitness | 2018 |
| Term Of Agreement | |
| Crunch Fitness | 10 years |
| Mayweather Boxing + Fitness | |
| Renewal Fee | |
| Crunch Fitness | |
| Mayweather Boxing + Fitness | |
Business Experience Requirements |
|
| Experience | |
| Crunch Fitness | |
| Mayweather Boxing + Fitness | |
Financing Options |
|
| Franchise Fees | |
| Crunch Fitness | Yes |
| Mayweather Boxing + Fitness | Yes |
| Start-up Costs | |
| Crunch Fitness | |
| Mayweather Boxing + Fitness | |
| Equipment | |
| Crunch Fitness} | |
| Mayweather Boxing + Fitness | |
| Inventory | |
| Crunch Fitness | |
| Mayweather Boxing + Fitness | |
| Receivables | |
| Crunch Fitness | |
| Mayweather Boxing + Fitness | |
| Payroll | |
| Crunch Fitness | |
| Mayweather Boxing + Fitness | |
Training & Support |
|
| Training | |
| Crunch Fitness | On-The-Job Training: 40 hours Classroom Training: 16 hours |
| Mayweather Boxing + Fitness | |
| Support | |
| Crunch Fitness | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Mayweather Boxing + Fitness | |
| Marketing | |
| Crunch Fitness | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Mayweather Boxing + Fitness | |
| Operations | |
| Crunch Fitness | Absentee Ownership Allowed Number of Employees Required to Run: 15 |
| Mayweather Boxing + Fitness | |
Expansion Plans |
|
| US Expansion | |
| Crunch 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 | |
| Crunch Fitness | |
| Mayweather Boxing + Fitness | |
| International Expansion | |
| Crunch Fitness | |
| Mayweather Boxing + Fitness | |