|
Below is an in-depth analysis and side-by-side comparison of Cuts Fitness For Men vs UFC Gym including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $33,600 - $77,900 | $199,000 - $4,213,000 |
Franchise Fee | $39,500 | $30,000 - $50,000 |
Royalty Fee | $400/mo. | 4%-6% |
Advertising Fee | - | 2% |
Year Founded | 2003 | 1992 |
Year Franchised | 2003 | 2004 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/Yes |
Inventory | No/Yes | -/- |
Receivables | No/No | -/Yes |
Payroll | No/No | -/Yes |
Training & Support |
||
Training | - | On-The-Job Training: 24 hours Classroom Training: 40 hours Additional Training: Available |
Support | Newsletter, Meetings, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
Marketing | Co-op advertising, Regional advertising | Ad Templates National Media Social media SEO Website development Email marketing Loyalty program/app |
Operations |
20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 - 2
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | Absentee Ownership Allowed Number of Employees Required to Run: 3 - 5 |
Expansion Plans |
||
US Expansion | - | Yes |
Canada Expansion | No | - |
International Expansion | Yes | Yes |
Cuts Fitness For Men uses the Body Cuts System which is a 30-minute, full body circuit training workout designed to firm up muscles, improve the cardiovascular system, increase endurance, lose body fat and inches. Founded in May, 2003, Cuts Fitness For Men is North America's fastest growing Men's fitness franchise. The first Cuts fitness center opened in Clark, New Jersey in May, 2003; since then, more than 200 franchises have been sold. Launched in December of 2004, Cuts Fitness For Women enters the market with a unique product featuring an innovative design, high quality equipment and the "experience factor."
For the first time ever, qualified candidates can own a UFC GYM franchise. This is a ground-breaking opportunity to partner with the Ultimate Fighting Championship. Simply put, owning a UFC GYM is a chance to join the fastest growing, most successful fitness franchise and partner with the UFC. UFC GYM franchisees are backed by a solid management foundation, instant brand recognition and a successful boxing, kickboxing and MMA fitness franchise. UFC GYM is built on a partnership between the UFC, NeV and UG Franchise Operations (formerly LA Boxing Franchise Co.). This creates a solid three-pillar franchise with unlimited ability for global growth. UFC GYMs are currently open in the U.S. and Australia, with more than 170 locations open or sold in 25 states.
Most facilities feature a functional training area, Octagon or 1/2 Octagon, a bag area with 30 heavy bags, cutting-edge cardio and strength equipment, private training and retail - all areas of potential income for a UFC GYM franchisee.
We have multiple levels of opportunity for investment in UFC GYM with facilities ranging from 6,000-10,000 sq. ft.