Red Effect Infrared Fitness vs Legends Boxing Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Red Effect Infrared Fitness vs Legends Boxing including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Red Effect Infrared Fitness Franchise
Legends Boxing Franchise
Investment $149,500 - $1,037,500$313,951 - $734,835
Franchise Fee $45,000$51,900
Royalty Fee 7%-
Advertising Fee 2%-
Year Founded 20162017
Year Franchised 20162017
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Red Effect Infrared Fitness Franchise
Legends Boxing Franchise
Experience --

Financing Options
 
Red Effect Infrared Fitness Franchise
Legends Boxing Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/Yes-/-
Start-up Costs No/Yes-/-
Equipment No/Yes-/-
Inventory No/Yes-/-
Receivables No/Yes-/-
Payroll No/Yes-/-

Training & Support
 
Red Effect Infrared Fitness Franchise
Legends Boxing Franchise
Training On-The-Job Training: 386 hours Classroom Training: 94 hours Additional Training: 15 hours annually -
Support Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform-
Marketing Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app -
Operations Number of Employees Required to Run: 5 -

Expansion Plans
 
Red Effect Infrared Fitness Franchise
Legends Boxing Franchise
US Expansion YesYes
Canada Expansion --
International Expansion Yes-

Company Overviews

About Red Effect Infrared Fitness

"Red

Imagine being an integral part of the next big thing in fitness!
At Red Effect Infrared Fitness we provide a unique, life-changing approach to wellness.
Our group fitness classes combine infrared therapy, heart rate monitoring and
high-intensity interval training to provide our customers with a fitness routine they love.
Our members, trainers, and staff feel the effect from more than just the infrared.
We have seen our members experience changes in body composition, energy levels,
self-confidence, muscle recovery, health conditions and more.
With each success story, we pass on the effect.
Red Effect is now offering franchising opportunities.
Discover the benefits of being a Red Effect gym owner.

The total investment necessary to begin operation of a Standard Studio is from $283,000 to $718,000. This includes $157,000 to $594,000 that must be paid to the franchisor or its affiliates.
The total investment necessary to begin operation of a Red Effect for Women Studio is from $149,500 to $349,200. This includes $101,750 to $228,500 that must be paid to the franchisor or its affiliates.
The total investment necessary to begin operation of an Executive Club is from $863,500 to $1,037,500. This includes $479,000 to $873,000 that must be paid to the franchisor or its affiliates.




About Legends Boxing

"Legends

The Legends Boxing brand has “put in the hard yards” to ensure that the franchise owner has a spectacular fitness club that provides its members with a safe, respectful, and cutting-edge atmosphere. When you franchise with Legends, you receive a full-service real estate team, prompt turnkey construction processes, a marketing plan that quickly grows membership, ongoing training and support, and a proven business model to follow.

The total investment necessary to begin operation of a Legends Boxing franchise is approximately $313,951 to $621,035. This includes $64,850 that must be paid to the franchisor or their affiliates.
The total investment necessary to begin operation under a Legends Boxing area development agreement is approximately $366,951 to $734,835 for 3-5 Franchised Businesses within a Development Area (with 2 as the minimum). This includes $117,850 to $178,650 that must be paid to the franchisor or their affiliates.