21 Minute Convenience Fitness vs Legends Boxing Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of 21 Minute Convenience Fitness vs Legends Boxing including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
21 Minute Convenience Fitness Franchise
Legends Boxing Franchise
Investment $124,500 - $195,300$313,951 - $734,835
Franchise Fee $29,500$51,900
Royalty Fee 3%-
Advertising Fee --
Year Founded 20032017
Year Franchised 20052017
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee 25% of fran. fee-


Business Experience Requirements
 
21 Minute Convenience Fitness Franchise
Legends Boxing Franchise
Experience --

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

Training & Support
 
21 Minute Convenience Fitness Franchise
Legends Boxing Franchise
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.

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Expansion Plans
 
21 Minute Convenience Fitness Franchise
Legends Boxing Franchise
US Expansion -Yes
Canada Expansion No-
International Expansion Yes-

Company Overviews

About 21 Minute Convenience Fitness

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!

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.