|
Below is an in-depth analysis and side-by-side comparison of LA BOXING vs Look Good Naked including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $200,000 | $6,367 - $21,100 |
Franchise Fee | $25,000 | $500 |
Royalty Fee | 6% | 20% (up to 10% available in performance and quality rebates) |
Advertising Fee | 2% | $15 /mo. |
Year Founded | 1992 | 2004 |
Year Franchised | 2006 | 2013 |
Term Of Agreement | - | 3 years |
Term Of Agreement | - | 3 years |
Renewal Fee | 0 | - |
Business Experience Requirements |
||
Experience | - | - |
Financing Options |
||
In-House/3rd Party | In-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 |
||
Training | - | - |
Support | - | Since your success is directly tied to our success, whether it's your first business or your last business, our support team is there to help you achieve the results you're looking for in a business. Franchisees will learn how to construct a business and marketing plan based on the size of business you want to run and then we'll coach you along the way to help you get there. Franchisees receive weekly education and training for ongoing development, plus we provide the educational tools and support needed for all LGN participants. |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
||
US Expansion | - | Yes |
Canada Expansion | No | - |
International Expansion | No | - |
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.
A Look Good Naked Franchise offers: A great brand name - who doesn't want to look good naked? The brand has been creative from its outset; it's not about looking good naked to "other people", looking good naked is about what we say to "ourselves". So, even though the name has a risque edge to it, the brand that is conveyed is empowering people to change from the inside-out. It also portrays our philosophy on nutrition; eating non-processed foods that are free of hormones, pesticides, and other toxins that can affect how our metabolism works - it's Looking Good - the Naked way. Great margins - Why spend thousands in overhead and take out large loans just to make 5-10% on your money? Look Good Naked boasts margins that are 4-10 times better than other businesses, making your time worth more. A scalable model - Look Good Naked attracts mostly those that want to own and operate their business. But, that doesn't necessarily mean that the business is limited in size. Look Good Naked can be run as small as 1 session per day taught solely by the owner, to several sessions run in several areas by subcontracted or hired trainers. The system is built to pay trainers very well. Nutrition Guidance - Look Good Naked has assembled a team of nutrition experts that provide nutritional education both in the initial classroom training and to the trainers through a weekly newsletter. Clients also receive access to nutrition information through our CRM and website, along with weekly newsletters with nutritional concepts, ideas and recipes. Flexible locations - All franchisees get protected territories, however, since the business goes where ever the trainer goes; the location of the workouts are limitless. Local parks, your back yard, churches, community centers, roof tops of buildings, fields, side roads, cul-de-sacs, basements, barns, corporate offices - the list goes on and on. Bring your boot camp anywhere to change the scenery. And, because businesses are not part of the protected territories, you can solicit boot camps to businesses anywhere you want!