Gymguyz vs Mayweather Boxing + Fitness Franchise Comparison

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

Start-Up Costs and Fees

 
Gymguyz Franchise
Mayweather Boxing + Fitness Franchise
Investment $87,000 - $140,001$39,500 - $698,000
Franchise Fee $35,000$39,500
Royalty Fee 6%-
Advertising Fee 2%-
Year Founded 20082018
Year Franchised 20082018
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Gymguyz Franchise
Mayweather Boxing + Fitness Franchise
Experience You do not need experience. We will train you on how to manage your business and hire professional trainers.-

Financing Options

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

Training & Support

 
Gymguyz Franchise
Mayweather Boxing + Fitness Franchise
Training On-The-Job Training: 16 hours Classroom Training: 40 hours Additional Training: Ongoing -
Support *Newsletter *Meetings/Conventions *Toll-Free Line *Grand Opening *Online Support *Security/Safety Procedures *Field Operations *Proprietary Software *Franchisee Intranet Platform-
Marketing *Co-op Advertising *Ad Templates *National Media *Regional Advertising *Social media *SEO *Website development *Email marketing *Loyalty program/app-
Operations Number of Employees Required to Run: 1 - 2-

Expansion Plans

 
Gymguyz Franchise
Mayweather Boxing + Fitness Franchise
US Expansion YesYes
Canada Expansion --
International Expansion Yes-

Company Overviews

About Gymguyz

GYMGUYZ is a mobile personal training and fitness company founded in 2008.

Now you can join GYMGUYZ in this growing and fast paced industry, with the first mobile fitness franchise.
Own a GYMGUYZ and we will help you shape your future.
Training to be a GYMGUYZ Franchisee includes:

The proven GYMGUYZ System
Pre-opening marketing & finding clients
Daily Operations and Processes
Financial controls & Point-of-Sale
On-going Marketing & Advertising techniques to develop your business

The first mobile, personal training and fitness franchise!

GYMGUYZ is Unique!
GYMGUYZ is not like any other gym or fitness program:

No membership fees
Every client receives a personal phone call on their Birthday
Daily text messages and email follow ups
First visit is always free & includes three assessments: 
A Body Assessment
A Fitness Assessment
A Nutrition Assessment
Every client receives their own individualized fitness program
All clients are re-assessed every 15 weeks giving our franchisees the opportunity to 
re-engage the client update programs to suit the client’s personal training needs
and ensure that the client is going to reach their personal goals

GYMGUYZ vans are outfitted with the latest, state of the art equipment and our trainers
are always ahead of trends in exercise and fitness
No two work-outs are ever the same.

Veteran Incentives  $5,000 off franchise fee
"Top
#83 in Gator's Top franchises.
#274 in Franchise 500 for 2020.

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.