Start-Up Costs and Fees |
||
| Mayweather Boxing + Fitness | 21 Minute Convenience Fitness | |
| Investment | 39500 - 698000 | 124500 - 195300 |
| Franchise Fee | 0 | |
| Royalty Fee | 3% | |
| Advertising Fee | ||
| Year Founded | 2018 | 2003 |
| Year Franchised | 2018 | 2005 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Mayweather Boxing + Fitness | 21 Minute Convenience Fitness | |
| Experience | ||
Financing Options |
||
| Mayweather Boxing + Fitness | 21 Minute Convenience Fitness | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Mayweather Boxing + Fitness | 21 Minute Convenience 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 |
||
| Mayweather Boxing + Fitness | 21 Minute Convenience 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 | |
| Mayweather Boxing + Fitness | |
| 21 Minute Convenience Fitness | |
| Franchise Fee | |
| Mayweather Boxing + Fitness | |
| 21 Minute Convenience Fitness | |
| Royalty Fee | |
| Mayweather Boxing + Fitness | |
| 21 Minute Convenience Fitness | 3% |
| Advertising Fee | |
| Mayweather Boxing + Fitness | |
| 21 Minute Convenience Fitness | |
| Year Founded | |
| Mayweather Boxing + Fitness | 2018 |
| 21 Minute Convenience Fitness | 2003 |
| Year Franchised | |
| Mayweather Boxing + Fitness | 2018 |
| 21 Minute Convenience Fitness | 2005 |
| Term Of Agreement | |
| Mayweather Boxing + Fitness | |
| 21 Minute Convenience Fitness | 10 years |
| Renewal Fee | |
| Mayweather Boxing + Fitness | |
| 21 Minute Convenience Fitness | 25% of fran. fee |
Business Experience Requirements |
|
| Experience | |
| Mayweather Boxing + Fitness | |
| 21 Minute Convenience Fitness | |
Financing Options |
|
| Franchise Fees | |
| Mayweather Boxing + Fitness | |
| 21 Minute Convenience Fitness | |
| Start-up Costs | |
| Mayweather Boxing + Fitness | |
| 21 Minute Convenience Fitness | |
| Equipment | |
| Mayweather Boxing + Fitness} | |
| 21 Minute Convenience Fitness | |
| Inventory | |
| Mayweather Boxing + Fitness | |
| 21 Minute Convenience Fitness | |
| Receivables | |
| Mayweather Boxing + Fitness | |
| 21 Minute Convenience Fitness | |
| Payroll | |
| Mayweather Boxing + Fitness | |
| 21 Minute Convenience Fitness | |
Training & Support |
|
| Training | |
| Mayweather Boxing + Fitness | |
| 21 Minute Convenience Fitness | Internet |
| Support | |
| Mayweather Boxing + Fitness | |
| 21 Minute Convenience Fitness | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| Marketing | |
| Mayweather Boxing + Fitness | |
| 21 Minute Convenience Fitness | Co-op advertising, Ad slicks |
| Operations | |
| Mayweather Boxing + Fitness | |
| 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. |
Expansion Plans |
|
| US Expansion | |
| 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 |
| 21 Minute Convenience Fitness | |
| Canada Expansion | |
| Mayweather Boxing + Fitness | |
| 21 Minute Convenience Fitness | |
| International Expansion | |
| Mayweather Boxing + Fitness | |
| 21 Minute Convenience Fitness | |