Fitness Evolution vs Mayweather Boxing + Fitness Franchise Comparison

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

Start-Up Costs and Fees
 
Fitness Evolution Franchise
Mayweather Boxing + Fitness Franchise
Investment N/A$39,500 - $698,000
Franchise Fee N/A$39,500
Royalty Fee --
Advertising Fee --
Year Founded -2018
Year Franchised -2018
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Fitness Evolution Franchise
Mayweather Boxing + Fitness Franchise
Experience --

Financing Options
 
Fitness Evolution Franchise
Mayweather Boxing + Fitness Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
Fitness Evolution Franchise
Mayweather Boxing + Fitness Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans
 
Fitness Evolution Franchise
Mayweather Boxing + Fitness Franchise
US Expansion -Yes
Canada Expansion --
International Expansion --

Company Overviews

About Fitness Evolution

Fitness Evolution prides itself on being a low-cost and no long-term-contract gym that offers our members state-of-the-art facilities. We love to provide our members with a high quality gym experience while keeping your membership fee as low as possible.

At Fitness Evolution, we have built a meaningful community so that all of our members can feel comfortable at all times. Our staff and highly educated trainers are always willing to provide a helping hand so that you can achieve your fitness goals. As soon as you step foot in our gym, we want you to feel like it’s a home away from home.

 

We have two locations in Maryland. One location is in Silver Spring, Maryland, serving Montgomery County, MD and the second is located on Laurel, Maryland, serving upper Prince George’s County, MD and Howard County, MD.

Currently, we have Fitness Evolution locations in the following states: California, Maryland, Minnesota, Virginia, and Washington. Every Fitness Evolution location features state-of-the-art facilities in addition to fantastic services and amenities. At Fitness Evolution, our goal is to provide you with the resources you need to achieve your fitness goals while ensuring you’re comfortable and having fun!

A new brand designed for sustainability and enduring success. The way fitness was delivered and sold 10 years ago, 5 years ago or even last year is being made obsolete each day by technology, consumer needs and competition. We embrace this change as fuel for growth! In each of our markets we develop exactly what that market needs and build in the flexibility to change and adapt each location as opportunity presents itself. We are a team of lifelong fitness business operators that have constructed, owned, developed, managed, and operated facilities nationwide. All members of the executive team either sold their legacy gyms to national brands or left their executive positions with a singular focus; fix how fitness is delivered nationwide. Our facilities are geared around delivering the best facility for the least money to the most members in a market.Fitness evolution will appeal to many existing independent gyms that have seen their market position erode. These owners have had enough with the scramble of a "make it work" approach and are ready to "make it dominate". In the markets we run our model, the consumers' view of what fitness can be and how affordable fitness should be is permanently changed. Fitness evolution has exciting colors, industry leading entertainment and luxurious interiors. All of this is offered at a value price point that has the effect of what we call a market "reset". Our Motto: "We will make it easier and more profitable to do business with us, than without us" Our members experience incredible facilities and a game changing value, as do our franchisees. The attitude of service, respect, and value that we offer our members is reflected in our franchise offering. Growth and volume come from value and respect. Our stores are built and thrive from this simple concept as will our franchise offering. We spent hundreds of thousands of dollars and leveraged decades of experience to create our product. We will make it all available to you!!

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.