Orange Shoe Personal Fitness vs Mayweather Boxing + Fitness Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Orange Shoe Personal Fitness vs Mayweather Boxing + Fitness including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$96,600 - $325,000 | $39,500 - $698,000 |
Franchise Fee |
$29,000 | $39,500 |
Royalty Fee |
6% | - |
Advertising Fee |
- | - |
Year Founded |
2007 | 2018 |
Year Franchised |
2009 | 2018 |
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 |
Yes/Yes | -/- |
Start-up Costs |
No/Yes | -/- |
Equipment |
No/Yes | -/- |
Inventory |
No/Yes | -/- |
Receivables |
No/Yes | -/- |
Payroll |
No/Yes | -/- |
Training & Support |
Training |
Available at headquarters: 8 days.
At franchisee's location: 8 days.
Online training : 4 days. | - |
Support |
Newsletter
Meetings
Toll-free phone line
Grand opening
Internet
Security/safety procedures
Field operations/evaluations | - |
Marketing |
Co-op advertising
Ad slicks | - |
Operations |
25% of all franchisees own more than one unit.
Number of employees needed to run franchised unit: 4.
Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators). | - |
Expansion Plans |
US Expansion |
- | Yes |
Canada Expansion |
Yes | - |
International Expansion |
- | - |
Company Overviews
About Orange Shoe Personal Fitness
Orange Shoe Personal Fitness is a niche franchise opportunity in a $20 billion market.
The Orange Shoe Personal Fitness mission is to help people do everything better while building long-term relationships and having fun. We are looking for individuals who have similar aspirations in their next big step or business venture to join our team.
The personal fitness industry is rapidly growing in popularity across the country, and we position our brand by creating a clear, competitive difference in a market filled with "one-size-fits-all" health clubs. As a result, Orange Shoe franchise owners are reaping the rewards.
What's the Orange Shoe difference?
We do personal fitness better than anyone in the industry. As life changes for each of our clients, we adjust their program to fit their needs accordingly. This makes Orange Shoe unlike any other personal fitness franchise in the country.
We have a proven model of success. Just ask our existing owners. Our systems are easy to understand, and operate, and we merge curriculum with career to advance your life. We bring systems in-house to advance staff and keep our product delivery consistent.
We believe you should never go through big life changes alone. That is why we offer you continued franchise support beyond your studio opening. Unlike franchises that only offer resources up to opening day, Orange Shoe is here for you as a resource throughout your franchise ownership.
Orange Shoe has an established and respected brand equity.
There is less risk in an Orange Shoe franchise ownership compared to independent business ownership. Ninety-eight percent of franchisees are still in business 10 years after opening day while only two-thirds of small business make it past the first two years of ownership.
At your studio, clients won't feel that static, uninspired feeling they know so well at health clubs... and neither will you. And because our approach is designed to deliver the specific health needs of our clients, we can charge a premium price for our expert training services.
The opportunity is clear. Learn more about how we can help you succeed in owning and operating an Orange Shoe Personal Fitness franchise of your own.
The total initial investment necessary to begin operation of an Orange Shoe Personal Fitness franchise is from $98,600 to $325,000. This includes between
$41,000 and $44,000 that must be paid to the franchisor. If you sign an
Area Development Agreement, the total initial investment necessary is
between $76,600 and $302,200 for each Orange Shoe Personal Fitness
Studio. This includes an additional $20,000 for the Development Fee that
must be paid to the franchisor for each additional Studio.
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.