Express Train vs Mayweather Boxing + Fitness Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Express Train vs Mayweather Boxing + Fitness including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$73,700 - $130,000 | $39,500 - $698,000 |
Franchise Fee |
$37,900 | $39,500 |
Royalty Fee |
5% | - |
Advertising Fee |
3% | - |
Year Founded |
2005 | 2018 |
Year Franchised |
2005 | 2018 |
Term Of Agreement |
5 Years | - |
Term Of Agreement |
5 Years | - |
Renewal Fee |
$5000 | - |
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 |
* Available at headquarters: 3 days
* At franchisee's location: 3 days | - |
Support |
National Marketing Campaign
On Going Training
Support Visits
Marketing Support Person
Training & Certification Support Person
Human Resources Support & Hiring Support
Annual Franchisee Conference | - |
Marketing |
- | - |
Operations |
- | - |
Expansion Plans |
US Expansion |
- | Yes |
Canada Expansion |
- | - |
International Expansion |
- | - |
Company Overviews
About Express Train
Express Train Fitness for Men was born out of a need to provide men with an alternative to the large "Social Gyms" that have become the norm in today's fitness industry. This gives them a place where they can feel comfortable and receive the guidance and support needed to achieve the goals they set for themselves with regard to health and fitness.
Express Train Fitness for Men provides an atmosphere in which we promote good physical fitness habits along with nutritional guidance without the hard-sell environment of the other gyms. Our memberships provide for all the instruction and guidance at no extra charge to the client. Our main goals are to help our members reach and maintain their visions of health and fitness.
OUR GOALS ARE OUR MEMBERS GOALS
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.