Team Spirit Fitness Centers vs Mayweather Boxing + Fitness Franchise Comparison

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

Start-Up Costs and Fees
 
Team Spirit Fitness Centers Franchise
Mayweather Boxing + Fitness Franchise
Investment $69,000$39,500 - $698,000
Franchise Fee $30,000$39,500
Royalty Fee 6%-
Advertising Fee --
Year Founded 20022018
Year Franchised 20042018
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee --


Business Experience Requirements
 
Team Spirit Fitness Centers Franchise
Mayweather Boxing + Fitness Franchise
Experience --

Financing Options
 
Team Spirit Fitness Centers Franchise
Mayweather Boxing + Fitness Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/Yes-/-
Start-up Costs No/Yes-/-
Equipment No/Yes-/-
Inventory No/Yes-/-
Receivables No/No-/-
Payroll No/Yes-/-

Training & Support
 
Team Spirit Fitness Centers Franchise
Mayweather Boxing + Fitness Franchise
Training * Available at headquarters: 2 weeks

* At franchisee's location: 5 days

-
Support --
Marketing --
Operations * Number of employees needed to run franchised unit: 3 - 3

* Absentee ownership of franchise is NOT allowed.

-

Expansion Plans
 
Team Spirit Fitness Centers Franchise
Mayweather Boxing + Fitness Franchise
US Expansion -Yes
Canada Expansion --
International Expansion --

Company Overviews

About Team Spirit Fitness Centers

Exercise & nutrition center formerly known as Intrivah Health & Wellness.

We offer you an exciting career opportunity: owning your own business in the fast growing fitness and nutrition industries using a TEAM approach; providing your clients with healthy exercise and dietary regimens, and enjoying the benefits of a creative company with excellent experience, cutting-edge methodologies, and unmatched business and support systems. We want to award franchises to a select group of qualified individuals. You might be among them. Basically, we are looking for outgoing, energetic individuals who have strong people skills and a passion for a healthy lifestyle that focuses on fitness and nutrition. Our comprehensive training program will equip you with the know-how to administer our programs safely and effectively. In addition to the above, you should be sales, client service, and long-term relationship oriented; display maturity, sound judgment and stability, and have high standards of excellence, honesty, and integrity.

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.