Start-Up Costs and Fees |
||
| Mayweather Boxing + Fitness | ShapeXpress | |
| Investment | 39500 - 698000 | 89500 - 152000 |
| Franchise Fee | 0 | |
| Royalty Fee | Varies | |
| Advertising Fee | ||
| Year Founded | 2018 | 2002 |
| Year Franchised | 2018 | 2003 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Mayweather Boxing + Fitness | ShapeXpress | |
| Experience | Marketing skills Sales skills, previous employee supervision skills | |
Financing Options |
||
| Mayweather Boxing + Fitness | ShapeXpress | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Mayweather Boxing + Fitness | ShapeXpress | |
| Training | Ongoing | |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | |
| Marketing | Co-op advertising, Ad slicks, Regional advertising | |
| Operations | Franchisees required to buy multiple units/master licenses Number of employees needed to run franchised unit: 3 - 4 Absentee ownership of franchise is allowed. (35% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Mayweather Boxing + Fitness | ShapeXpress | |
| 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 | |
| ShapeXpress | |
| Franchise Fee | |
| Mayweather Boxing + Fitness | |
| ShapeXpress | |
| Royalty Fee | |
| Mayweather Boxing + Fitness | |
| ShapeXpress | Varies |
| Advertising Fee | |
| Mayweather Boxing + Fitness | |
| ShapeXpress | |
| Year Founded | |
| Mayweather Boxing + Fitness | 2018 |
| ShapeXpress | 2002 |
| Year Franchised | |
| Mayweather Boxing + Fitness | 2018 |
| ShapeXpress | 2003 |
| Term Of Agreement | |
| Mayweather Boxing + Fitness | |
| ShapeXpress | 10 years |
| Renewal Fee | |
| Mayweather Boxing + Fitness | |
| ShapeXpress | $2.5K |
Business Experience Requirements |
|
| Experience | |
| Mayweather Boxing + Fitness | |
| ShapeXpress | Marketing skills Sales skills, previous employee supervision skills |
Financing Options |
|
| Franchise Fees | |
| Mayweather Boxing + Fitness | |
| ShapeXpress | |
| Start-up Costs | |
| Mayweather Boxing + Fitness | |
| ShapeXpress | |
| Equipment | |
| Mayweather Boxing + Fitness} | |
| ShapeXpress | |
| Inventory | |
| Mayweather Boxing + Fitness | |
| ShapeXpress | |
| Receivables | |
| Mayweather Boxing + Fitness | |
| ShapeXpress | |
| Payroll | |
| Mayweather Boxing + Fitness | |
| ShapeXpress | |
Training & Support |
|
| Training | |
| Mayweather Boxing + Fitness | |
| ShapeXpress | Ongoing |
| Support | |
| Mayweather Boxing + Fitness | |
| ShapeXpress | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| Marketing | |
| Mayweather Boxing + Fitness | |
| ShapeXpress | Co-op advertising, Ad slicks, Regional advertising |
| Operations | |
| Mayweather Boxing + Fitness | |
| ShapeXpress | Franchisees required to buy multiple units/master licenses Number of employees needed to run franchised unit: 3 - 4 Absentee ownership of franchise is allowed. (35% of current franchisees are owner/operators) |
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 |
| ShapeXpress | |
| Canada Expansion | |
| Mayweather Boxing + Fitness | |
| ShapeXpress | |
| International Expansion | |
| Mayweather Boxing + Fitness | |
| ShapeXpress | |