Cuts Fitness For Men vs Mayweather Boxing + Fitness Franchise Comparison

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

Start-Up Costs and Fees

 
Cuts Fitness For Men Franchise
Mayweather Boxing + Fitness Franchise
Investment $33,600 - $77,900$39,500 - $698,000
Franchise Fee $39,500$39,500
Royalty Fee $400/mo.-
Advertising Fee --
Year Founded 20032018
Year Franchised 20032018
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements

 
Cuts Fitness For Men Franchise
Mayweather Boxing + Fitness Franchise
Experience
  • Industry experience
  • General business experience
  • Marketing skills
  • -

    Financing Options

     
    Cuts Fitness For Men Franchise
    Mayweather Boxing + Fitness Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/No-/-
    Start-up Costs No/Yes-/-
    Equipment No/Yes-/-
    Inventory No/Yes-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support

     
    Cuts Fitness For Men Franchise
    Mayweather Boxing + Fitness Franchise
    Training --
    Support Newsletter, Meetings, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives-
    Marketing Co-op advertising, Regional advertising-
    Operations 20% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 1 - 2

    Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

    -

    Expansion Plans

     
    Cuts Fitness For Men Franchise
    Mayweather Boxing + Fitness Franchise
    US Expansion -Yes
    Canada Expansion No-
    International Expansion Yes-

    Company Overviews

    About Cuts Fitness For Men

    Cuts Fitness For Men uses the Body Cuts System which is a 30-minute, full body circuit training workout designed to firm up muscles, improve the cardiovascular system, increase endurance, lose body fat and inches. Founded in May, 2003, Cuts Fitness For Men is North America's fastest growing Men's fitness franchise. The first Cuts fitness center opened in Clark, New Jersey in May, 2003; since then, more than 200 franchises have been sold. Launched in December of 2004, Cuts Fitness For Women enters the market with a unique product featuring an innovative design, high quality equipment and the "experience factor."

    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.