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Updated RecentlyWorld Gym International vs Mayweather Boxing + Fitness Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of World Gym International vs Mayweather Boxing + Fitness including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $852,000 - $2,975,000 | $39,500 - $698,000 |
| Franchise Fee | $25,000 | $39,500 |
| Royalty Fee | $1,000/mo. | - |
| Advertising Fee | included | - |
| Year Founded | 1976 | 2018 |
| Year Franchised | 1982 | 2018 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/Yes | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| Training | On-The-Job Training: 7 days Classroom Training: 5 days | - |
| Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations | - |
| Marketing | Co-op Advertising Ad Templates | - |
| Operations | Absentee Ownership Allowed Number of Employees Required to Run: 15 | - |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | - | - |
| International Expansion | Yes | - |
Company Overviews
About World Gym International
With a heritage that traces back to the glory days of Muscle Beach in Los Angeles, CA, World Gym has been keeping people fit and changing lives for over 40 years. Our experience runs deep. World Gym knows the difference between cheap fads and time-proven techniques. We’ve learned the best ways to get your hearts pounding and your adrenaline pumping. World Gym makes sure all of our gyms have all the tools you need to perform your best.
World Gym's Mission: To provide the finest level of service in the fitness community with special emphasis on top-level fitness and proven results.
About Mayweather Boxing + Fitness
!["Mayweather]("https://fddexchange.com/wp-content/uploads/2019/12/Mayweather-Boxing-Fitness.png")
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.