Platoon Fitness vs Mayweather Boxing + Fitness Franchise Comparison

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

Start-Up Costs and Fees
 
Platoon Fitness Franchise
Mayweather Boxing + Fitness Franchise
Investment $29,300 - $40,100$39,500 - $698,000
Franchise Fee $20,000$39,500
Royalty Fee 6%-
Advertising Fee --
Year Founded 19992018
Year Franchised 20062018
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee --


Business Experience Requirements
 
Platoon Fitness Franchise
Mayweather Boxing + Fitness Franchise
Experience --

Financing Options
 
Platoon Fitness Franchise
Mayweather Boxing + Fitness Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/No-/-
Start-up Costs No/No-/-
Equipment No/No-/-
Inventory No/No-/-
Receivables No/No-/-
Payroll No/No-/-

Training & Support
 
Platoon Fitness Franchise
Mayweather Boxing + Fitness Franchise
Training * Available at headquarters: 2 weeks

* At franchisee's location: 2 months

* Additional training 5 times a year at franchisee's location

-
Support --
Marketing --
Operations * Franchise can be run from home

* Number of employees needed to run franchised unit: 2

* Absentee ownership of franchise is allowed.

-

Expansion Plans
 
Platoon Fitness Franchise
Mayweather Boxing + Fitness Franchise
US Expansion YesYes
Canada Expansion --
International Expansion Yes-

Company Overviews

About Platoon Fitness

Can you devote the same focus to our franchise as our workout teams do to their fitness? If so, that's the kind of franchisee we're looking for! Platoon Fitness

That's right just like one of our workout teams, we expect our franchise team to be on board with the program 100%. There's simply no point in becoming a part of the team if you are not prepared to put in the effort and keep a sharp focus on the key factors needed to reach our franchise goals. The reason for our company's phenomenal success is no accident. Years of planning, testing, adjusting and refining have taught us many of the pitfalls of business ownership and allowed us to continually improve and learn through experience. A Platoon Fitness franchisee needs a clear mind to focus on the most important task at hand: running a successful business.

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.