Zoo Health Club vs Mayweather Boxing + Fitness Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Zoo Health Club vs Mayweather Boxing + Fitness including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$47,969 - $171,799 | $39,500 - $698,000 |
Franchise Fee |
$19,999 | $39,500 |
Royalty Fee |
greater of $399/ month or 7% | - |
Advertising Fee |
- | - |
Year Founded |
- | 2018 |
Year Franchised |
- | 2018 |
Term Of Agreement |
- | - |
Term Of Agreement |
- | - |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
- | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
-/- | -/- |
Start-up Costs |
-/- | -/- |
Equipment |
-/- | -/- |
Inventory |
-/- | -/- |
Receivables |
-/- | -/- |
Payroll |
-/- | -/- |
Training & Support |
Training |
- | - |
Support |
- | - |
Marketing |
- | - |
Operations |
- | - |
Expansion Plans |
US Expansion |
- | Yes |
Canada Expansion |
- | - |
International Expansion |
- | - |
Company Overviews
About Zoo Health Club
The appeal of a Zoo Health Club is far-reaching. Demographic studies indicate that members will routinely travel up to ten miles to attend a given location. This level of customer interest and loyalty speaks volumes of our success.
Each year, Zoo Health Clubs contribute to their communities by hosting and supporting cancer walks, marathons, and a variety of other events and activities. Such involvement makes Zoo locations popular gathering places for local and regional events.
Such is the appeal of the Zoo Health Clubs. Members love to return time and again in order to enjoy the familiarity of their Zoo, with its clean facilities, helpful staff, immaculate equipment, and friendly environment.
Since the early 1970s, Zoo Health Clubs have promoted a carefully balanced atmosphere that is both family-friendly and appealing to serious athletes. Everyone-from those seeking a general fitness program to hard-core body builders-find what they need at their Zoo.
The Zoo's unique business model benefits both the franchisee and its members:
* Location, location, location! Convenient, easily accessible locations in secondary shopping centers make frequent visits routine for the entire family.
* Small- to medium-size locations limit lease costs and ensure a friendly, community-like environment.
* Low monthly fees attract and retain members.
* Top-of-the-line equipment offers a competitive edge and keeps members challenged.
* A variety of special products and services please members and increase revenue.
#99 in Gator's Top franchises.
About Mayweather Boxing + Fitness
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.