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Below is an in-depth analysis and side-by-side comparison of 21 Minute Convenience Fitness vs LA BOXING including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $124,500 - $195,300 | $200,000 |
Franchise Fee | $29,500 | $25,000 |
Royalty Fee | 3% | 6% |
Advertising Fee | - | 2% |
Year Founded | 2003 | 1992 |
Year Franchised | 2005 | 2006 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | 25% of fran. fee | 0 |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | No/Yes |
Start-up Costs | No/Yes | No/Yes |
Equipment | No/No | No/Yes |
Inventory | No/No | No/Yes |
Receivables | No/No | No/Yes |
Payroll | No/No | No/Yes |
Training & Support |
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Training | Internet | - |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | - |
Marketing | Co-op advertising, Ad slicks | - |
Operations |
1% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 - 2
Absentee ownership of franchise is allowed. | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | No | No |
International Expansion | Yes | No |
We are passionate about helping others succeed and invite you to explore a revolutionary business opportunity in the rapidly expanding fitness world. If you desire the freedom and independence to own and operate your own business, combined with the satisfaction of helping others achieve their health and fitness goals, then join 21 Minute Convenience Fitness, The Leader in Convenience Fitness. In 2004, former Harvard University economist, Zane Paul Pilzer, stated that the fitness, weight loss and wellness market in the US would grow from $300 billion to over one trillion dollars by the end of the decade!
The Road to a Better You Congratulations! You have taken the first step toward joining the LA Boxing franchise team. LA Boxing is the world's largest boxing, kickboxing and mixed martial arts gym franchise. Simply put, it is a fitness concept unlike any other. With The LA Boxing Workout, our members burn calories like crazy in a group setting while having fun, gaining self-confidence, and learning the fundamentals of boxing, kickboxing and mixed martial arts. As an LA Boxing franchise owner, you will play a key role in this cutting-edge fitness concept. LA Boxing offers proven stability while you grow your franchise into a successful, profitable business. At LA Boxing, our goal is to succeed through the continued success of our franchise owners, who come to us with ambition, excitement, and a will to win big. Think you have what it takes? Get in the ring with us and find out.