MD Diet Weight Loss & Nutrition vs Mayweather Boxing + Fitness Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of MD Diet Weight Loss & Nutrition vs Mayweather Boxing + Fitness including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$100,000 | $39,500 - $698,000 |
Franchise Fee |
N/A | $39,500 |
Royalty Fee |
- | - |
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 MD Diet Weight Loss & Nutrition
MD Diet Weight Loss and Nutrition Centers are committed to providing our patients with the best quality information, services, and nutritional products. Our commitment to science and research has helped us establish a variety of weight loss methods, ensuring that we can find the optimal method to suit a patients specific needs. Currently there are several MD Diet Weight Loss and Nutrition Centers operating in two states and we are now planning an aggressive expansion of our operations through the western United States. It has been estimated that about 45 million Americans diet each year and this sector spends up to $2 billion per year on wight-loss programs. According to the Center for Disease Control America has experienced a dramatic increase in overweight individuals in the past 20 years, and that in 2008, only one state had a prevalence of obesity less than 20%. The results is that the diet and nutrition industry has seen a tremendous amount of growth and, as an MD Diet Weight Loss and Nutrition Franchisee, you'll receive the training, support, and tools needed to succeed in the weight loss and nutrition market.
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.