Plus Fitness 24/7 vs Mayweather Boxing + Fitness Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Plus Fitness 24/7 vs Mayweather Boxing + Fitness including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Plus Fitness 24/7 Franchise
Mayweather Boxing + Fitness Franchise
Investment $298,000 - And Up$39,500 - $698,000
Franchise Fee N/A$39,500
Royalty Fee --
Advertising Fee --
Year Founded 19982018
Year Franchised 19982018
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Plus Fitness 24/7 Franchise
Mayweather Boxing + Fitness Franchise
Experience --

Financing Options
 
Plus Fitness 24/7 Franchise
Mayweather Boxing + Fitness Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
Plus Fitness 24/7 Franchise
Mayweather Boxing + Fitness Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans
 
Plus Fitness 24/7 Franchise
Mayweather Boxing + Fitness Franchise
US Expansion -Yes
Canada Expansion --
International Expansion Yes-

Company Overviews

About Plus Fitness 24/7

The only true 24 Hour Gym, Turn Key Franchise on the market, Plus Fitness 24/7 capitalizes on strong supplier relationships developed over its 16 years of trading in the Australian Fitness Industry. Plus Fitness provides the most competitively priced 24 Hour Gym Franchise with an initial investment as low as $269k including all gym equipment, aesthetic fitout, signage, access control and marketing

Plus Fitness 24/7 Business Franchise Model includes: *24/7 operation *Swipe card access *No contract memberships with highly competitive price points *Complimentary fitness assessment and fitness programs for all members *Non intimidating, clean environments *High level focus on security and safety of members *Equipment designed to suit those new to exercise as well as those more experienced in exercising *Facilities staffed during peak times *Audio and Visual remote monitoring 24 hours a day *State of the art, back to base duress system *Typically 200sqm to 600sqm in size *Placed in convenient locations

Offering a franchise model that provides fast breakevens, low staffing and impressive returns, Plus Fitness 24/7 is a 'lifestyle' business second to none.

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.