CityRow Fitness vs Mayweather Boxing + Fitness Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of CityRow Fitness vs Mayweather Boxing + Fitness including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$253,843 - $609,574 | $39,500 - $698,000 |
Franchise Fee |
N/A | $39,500 |
Royalty Fee |
- | - |
Advertising Fee |
- | - |
Year Founded |
2018 | 2018 |
Year Franchised |
2018 | 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 | Yes |
Canada Expansion |
- | - |
International Expansion |
- | - |
Company Overviews
About CityRow Fitness
Trendy workouts are everywhere - but only the best alter the fitness landscape for good.
Row,row,row your franchise'
Today’s consumer is seeking tailored services that cater to their individual needs, not to the masses. Boutique fitness is replacing crowded, intimidating gyms. It’s changing the way people get fit with effective, hard-hitting workouts that are also a whole lot of fun.
The CityRow concept was tested and perfected in New York’s fiercely competitive market. Every aspect, from studio design to instructor training to member retention, has been refined so that you can hit the ground running.
Backed by Franworth - the premier franchise development company - CityRow’s proven business model is poised to win markets from coast to coast. Be first in your region with this killer concept and become the breakout brand.
We are looking for franchisees who want
to take control of their financial and professional future. Our best
franchisees are not afraid to roll up their sleeves and get connected to
their community. This is a people business first and foremost, so our
focus is on the guest experience!
Our goal is to make the process of
opening a CityRow Studio as easy for you as possible. We will take you
through our Discovery Process to ensure that all of your questions are
answered and that there is a good mutual fit. You can count on us here
at CityRow - we want to see our franchisees succeed.
The total investment necessary to begin operation of one
CityRow
Fitness Facility is $253,843 to $460,074. This includes $83,927 to
$90,985 that must be paid to the franchisor.
The total investment necessary to begin operation as a developer under
an Area Development Agreement is $303,843 to 510,074 (3 -
CityRow
Fitness Facilities) and $403,343 to $609,574 (5 -
CityRow Fitness
Facilities). The area development fee applicable to each
CityRow
Fitness Facility will be credited toward the initial franchise fee due
under the Franchise Agreement for each
CityRow Fitness Facility. To
qualify for an Area Development Agreement, you must agree to develop two
or more Fitness Facilities.
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.