Tutu School vs Mayweather Boxing + Fitness Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Tutu School vs Mayweather Boxing + Fitness including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$73,700 - $135,200 | $39,500 - $698,000 |
Franchise Fee |
$36,000 | $39,500 |
Royalty Fee |
5% | - |
Advertising Fee |
1% | - |
Year Founded |
2008 | 2018 |
Year Franchised |
2012 | 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 |
On-The-Job Training: 74 hours
Classroom Training: 17 hours
| - |
Support |
Newsletter
Meetings Conventions
Grand Opening
Online Support
Security/Safety Procedures
Field Operations
Site Selection
Proprietary Software
| - |
Marketing |
Ad Templates
Regional Advertising
Social media
Website development
Email marketing
| - |
Operations |
Number of Employees Required to Run: 2 | - |
Expansion Plans |
US Expansion |
Yes | Yes |
Canada Expansion |
- | - |
International Expansion |
- | - |
Company Overviews
About Tutu School
Why buy a franchise?
Let’s see if we can guess… You have an entrepreneurial spirit, but feel no desire to re-invent the wheel and start building a business model from scratch, right? Perfect! Purchasing a franchise business is ideal for individuals who want to be in business for themselves, but not by themselves. Becoming a franchisee balances independence with support, and compliments the freedom of ownership with the security of proven success.
Why open a tutu school?
Owning your own Tutu School gives you the unique opportunity to pair a thoughtful mission with an exciting brand, all wrapped up in the sweetest of packages.
Tutu School is a collection of boutique-style ballet schools that cater
specifically to children 18 months to 8 years-old. Our mission is
simple: We believe that exposing children at the earliest possible age
to creativity, movement, and classical music will only serve them well
in whatever they choose to do with their lives, that dancing like swans
and Sugar Plum Fairies not only exercises little bodies but also
nurtures big imaginations, and that twirling should be a fundamental
part of any childhood.
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.