Xtend Barre vs Mayweather Boxing + Fitness Franchise Comparison

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

Start-Up Costs and Fees

 
Xtend Barre Franchise
Mayweather Boxing + Fitness Franchise
Investment $162,785 - $516,870$39,500 - $698,000
Franchise Fee $36,000$39,500
Royalty Fee 4% to 6%-
Advertising Fee --
Year Founded 20072018
Year Franchised 20072018
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Xtend Barre Franchise
Mayweather Boxing + Fitness Franchise
Experience COMMITMENT - We're looking for candidates who demonstrate a commitment to their clients, craft and community.

PASSION - All of our owners share a desire to improve not just their own well-being, but the well-being of their clients and staff as well.

EXPERIENCE - Have you helped build or lead a high performing team or organization in the past? That experience is exactly what we like to see.

STABILITY - You need both feet on the ground, before you can dance, so we like to make sure our owners have the financial stability they need to safely move forward.

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Financing Options

 
Xtend Barre Franchise
Mayweather Boxing + Fitness Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Xtend Barre Franchise
Mayweather Boxing + Fitness Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
Xtend Barre Franchise
Mayweather Boxing + Fitness Franchise
US Expansion YesYes
Canada Expansion --
International Expansion Yes-

Company Overviews

About Xtend Barre

If you're anything like us... the idea of sitting behind a desk all day just doesn't feel right. You want to move. You want to be free. You want to trade that bunchy pantsuit for a comfy pair of yoga tights and hit the hardwood. You'll be in control; not just of your studio, but also of your life. Your Life on Point As a franchise owner, you will utilize and expand upon important business skills but have the freedom to set your own schedule and live a healthier, more active lifestyle. There's more than one way to bring Xtend Barre's unique energy and attitude to the barre. This is why we offer a series of innovative and dynamic programs to help our clients get their body on point. From custom Xtend Barre Pilates and Yoga programs, to Xtend Barre HIIT and TRX classes, the barre is just the beginning. Some of the resources available to new franchise owners include: * Hiring, retail and launch strategy and collateral * Comprehensive instructor training programs * Local, regional, and online continuing education programs * Sales, marketing and branding support * Launch strategy from pre-sale through grand opening * Studio staffing & management guidance You'll be able to surround yourself with engaging, like-minded individuals, who share your passion for motivating and inspiring others. The work you do will change lives and help shape the bodies and minds of countless individuals who enter your studio every day. In essence, this is more than just a great business opportunity, this is a chance to inspire, lead, motivate and take control of your life.

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.