Form YOU 3 vs Mayweather Boxing + Fitness Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Form YOU 3 vs Mayweather Boxing + Fitness including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Form YOU 3 Franchise
Mayweather Boxing + Fitness Franchise
Investment $33,000 - $43,000$39,500 - $698,000
Franchise Fee $15,000$39,500
Royalty Fee --
Advertising Fee --
Year Founded -2018
Year Franchised -2018
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Form YOU 3 Franchise
Mayweather Boxing + Fitness Franchise
Experience --

Financing Options
 
Form YOU 3 Franchise
Mayweather Boxing + Fitness Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
Form YOU 3 Franchise
Mayweather Boxing + Fitness Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans
 
Form YOU 3 Franchise
Mayweather Boxing + Fitness Franchise
US Expansion -Yes
Canada Expansion --
International Expansion --

Company Overviews

About Form YOU 3

Form YOU 3 Weight Loss Centers has been a leader in the weight loss industry since 1982. Millions of dieters, just like you, have achieved tremendous success on our weight loss, weight management and nutrition programs with our high quality products and comprehensive member support system.
Form YOU 3 takes an integrated approach to weight loss. We offer two separate programs to fit members' individual weight loss needs. Our Traditional Program consists of food exchanges that provide a healthy diet and allow members to enjoy wholesome, natural, grocery store foods while still losing weight. Our new Form YOU FastTM Program is a nutrient-rich meal replacement program that offers aggressive weight loss and is often suited to members' active lifestyles. Our support system offers one-on-one guidance, behavioral modification techniques, weight management classes (in select locations), and motivational and nutritional tips. Form YOU 3 helps members to lose weight successfully and keep it off. Members learn to apply the skills they have been taught to change unhealthy food behavior patterns and develop a positive mindset to achieve and maintain a healthy body weight!

About Mayweather Boxing + Fitness

"Mayweather

Invest in your future with Team Mayweather. Join our fast-growing and financially attractive franchise platform. Developed throughout two decades of Floyd’s career, we have become the most exciting brand in fitness today. Our franchisees are supported by an industry-leading team who have built multiple successful fitness franchise brands.

The Initial Franchise Fee is $15,000 to convert an existing fitness-related business into a Mayweather Boxing + Fitness™ business (“Conversion Model”) or $39,500 for a new startup business (“Standard Model”) with protected rights to operate in a specific area as defined by the franchisor. Additional franchises may be available for those franchisees who have bought at least one franchise, at a reduced fee of $29,500 per Franchise.
The total investment necessary to begin the operation of a Mayweather Boxing + Fitness™ franchise ranges from $116,000 to $405,000 for a Conversion Model and from $282,000 to $698,000 for a Standard Model which will depend on a number of factors which are further discussed in Item 7 of the FDD. Regardless of the model, this includes $42,485 to $48,825 that must be paid to Franchisor or an affiliate. This includes the Initial Franchise Fee of $15,000 for a Conversion Model or $39,500 for a Standard Model (as discussed in Item 5) that must be paid to the Franchisor or affiliate.
The franchisor also may grant multi-unit development right to qualified franchisees, who then will have the right to develop a number of Mayweather Boxing + Fitness™ businesses under a Development Rider. The Initial Franchisee Fee for the first franchise purchased is $39,500 with the same initial investment for the Standard Model as described above, plus a non-refundable Development Fee which is a deposit of $14,500 for each additional Mayweather Boxing + Fitness™ business to be developed. The Development Fee is applied to the reduced franchise fee of $29,500 for each additional Franchise to be developed.