Start-Up Costs and Fees |
||
| Mayweather Boxing + Fitness | Shred415 | |
| Investment | 39500 - 698000 | 440280 - 959200 |
| Franchise Fee | 0 | |
| Royalty Fee | 8% | |
| Advertising Fee | ||
| Year Founded | 2018 | 1986 |
| Year Franchised | 2018 | 2004 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Mayweather Boxing + Fitness | Shred415 | |
| Experience | ||
Financing Options |
||
| Mayweather Boxing + Fitness | Shred415 | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Mayweather Boxing + Fitness | Shred415 | |
| Training | On-The-Job Training: 48 hours Classroom Training: 32 hours | |
| Support | Meetings/Conventions Grand Opening Online Support 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 | |
Expansion Plans |
||
| Mayweather Boxing + Fitness | Shred415 | |
| 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 | 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 | |
| Shred415 | |
| Franchise Fee | |
| Mayweather Boxing + Fitness | |
| Shred415 | |
| Royalty Fee | |
| Mayweather Boxing + Fitness | |
| Shred415 | 8% |
| Advertising Fee | |
| Mayweather Boxing + Fitness | |
| Shred415 | |
| Year Founded | |
| Mayweather Boxing + Fitness | 2018 |
| Shred415 | 1986 |
| Year Franchised | |
| Mayweather Boxing + Fitness | 2018 |
| Shred415 | 2004 |
| Term Of Agreement | |
| Mayweather Boxing + Fitness | |
| Shred415 | 10 years |
| Renewal Fee | |
| Mayweather Boxing + Fitness | |
| Shred415 | |
Business Experience Requirements |
|
| Experience | |
| Mayweather Boxing + Fitness | |
| Shred415 | |
Financing Options |
|
| Franchise Fees | |
| Mayweather Boxing + Fitness | |
| Shred415 | |
| Start-up Costs | |
| Mayweather Boxing + Fitness | |
| Shred415 | |
| Equipment | |
| Mayweather Boxing + Fitness} | |
| Shred415 | |
| Inventory | |
| Mayweather Boxing + Fitness | |
| Shred415 | |
| Receivables | |
| Mayweather Boxing + Fitness | |
| Shred415 | |
| Payroll | |
| Mayweather Boxing + Fitness | |
| Shred415 | |
Training & Support |
|
| Training | |
| Mayweather Boxing + Fitness | |
| Shred415 | On-The-Job Training: 48 hours Classroom Training: 32 hours |
| Support | |
| Mayweather Boxing + Fitness | |
| Shred415 | Meetings/Conventions Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| Mayweather Boxing + Fitness | |
| Shred415 | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | |
| Mayweather Boxing + Fitness | |
| Shred415 | Absentee Ownership 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 |
| Shred415 | 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 | |
| Mayweather Boxing + Fitness | |
| Shred415 | |
| International Expansion | |
| Mayweather Boxing + Fitness | |
| Shred415 | |