Start a Mayweather Boxing + Fitness Franchise in 2024

2024 Franchise 500 Rank: #357 Ranked #484 last year

Initial investment: $347K - $660K

Units as of 2024: 55 48.6% over 3 years

Boxing legend Floyd Mayweather Jr. has partnered with an industry-leading team to develop Mayweather Boxing + Fitness. Franchisees may now have the opportunity to run a business that trains like a champ and represents his legacy.

The Mayweather Boxing + Fitness program is designed for those who like discipline and want to see results fast. The program delivers an immersive training experience and members may burn up to 1,000 calories per 45-minute group session.

Mayweather Jr. and his team share more than two decades of professional experience. And it seems that he jam-packed this experience into his workouts and boxing secrets. Clients may learn about his techniques, routines, and workout programs.

Mayweather Boxing + Fitness was created in 2018 and began franchising the same year.

Why You May Want to Start a Mayweather Boxing + Fitness Franchise

A Mayweather Boxing + Fitness franchise may be a good fit for someone passionate about fitness, boxing, and community support. As a franchisee, you could have the opportunity to give members a completely unique gym experience. This seems true to both training style and gym atmosphere.

Community is likely an essential part of operating a Mayweather Boxing + Fitness studio. Trainers may work together with members to achieve their fitness goals. It seems that the community mentality isn't reserved for members, however. By working with the Mayweather Boxing + Fitness team, you'll likely receive support from the marketing and retail teams and the franchise executive team.

What Might Make Mayweather Boxing + Fitness Franchise a Good Choice?

A Mayweather Boxing + Fitness franchise may be a good choice for you because of its technological advantages and unique workouts. Pair this with Mayweather Jr.’s reputation, and it seems a franchisee has a recipe for success.

Mayweather Boxing + Fitness expands its reach by offering members a virtual reality experience, a mobile app, and in-studio technology. This tech could include TV screens in the studio that display a member's heart rate, their workout for the day, and boxing combinations.

How Do You Open a Mayweather + Boxing Fitness Franchise?

As you decide if you wish to open a Mayweather Boxing + Fitness franchise, make sure you take time to explore the opportunity. Research the brand and your local area to see if a franchise would do well in your community. While competition is healthy, too much of it may not allow for the most possible growth. You'll also want to consider the layout of your location.

Fitness studios are typically designed to optimize a member's experience. This is one of Mayweather Boxing + Fitness's top priorities. Besides covering 2,000-3,500 square feet, your fitness studio will typically need space for a boxing ring, a virtual reality pod, a bag rack, floor stations, and functional fitness equipment. The layout of the studio should be clean and easy to navigate. A franchisee may also have the option to open a turn-key location if they find a studio in an existing building.

If you meet the financial requirements and the company feels you are a good fit, you may participate in franchise training. And just like that, you'll be a franchise champ with Mayweather Boxing + Fitness.

Company Overview

About Mayweather Boxing + Fitness

Industry	Health & Wellness
Related Categories	Boxing/Kickboxing Fitness, Fitness , Sports
Founded	2018
Parent Company	MW Fitness Holdings LLC
Leadership	James Williams, CEO
Corporate Address	7700 Windrose, #G300 Plano, TX 75024
Social	Facebook, Twitter, LinkedIn, Instagram, YouTube

Business Overview

Franchising Since	2018 (6 years)
# of employees at HQ	25
Where seeking	This company is offering new franchises throughout the US. This company is offering new franchises worldwide.
# of Units	55 (as of 2024)

Information for Franchisees

Here's what you need to know if you're interested in opening a Mayweather Boxing + Fitness franchise.

Financial Requirements & Ongoing Fees

Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee Definition: The initial fee paid to a franchisor to join their system What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor. This fee is usually due at the signing of the franchise agreement and covers the right to use the franchisor's trademarks, name, and related business systems.	$49,500
Initial Investment Definition: The total amount necessary to begin operation of the franchise What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital. This is outlined in a chart in Item 7 of the FDD, showing a range of possible costs from low to high.	$347,000 - $659,800
Net Worth Requirement Definition: The minimum net worth you must have in order to qualify to become a franchisee of this company What you need to know: Net worth is the value of a person's assets minus liabilities. Assets include cash, stocks, retirement accounts, and real estate. Liabilities include items like mortgages, car payments, and credit card debt.	$500,000
Cash Requirement Definition: The minimum liquid capital you must have available in order to qualify to become a franchisee of this company.	$150,000
Veteran Incentives Definition: A discount or other incentive offered to military veterans who buy a franchise with this company.	20% off first-unit franchise fee
Royalty Fee Definition: A ongoing fee paid to the franchisor on a regular basis. What you need to know: Most franchisors require franchisees to pay an ongoing royalty fee, which is detailed in Item 6 of the FDD. This fee is typically a percentage of weekly or monthly gross sales, but may also be a flat weekly, monthly, or annual fee.	7%
Ad Royalty Fee Definition: An going fee paid to the franchisor on a regular basis to support advertising or marketing efforts. What you need to know: This may also be called advertising fee, marketing fee, brand fund fee, and more, but the basic purpose is the same-- to support promotion of the brand systemwide. As with the royalty fee, it is detailed in Item 6 of the FDD, and can be a percentage of weekly or monthly gross sales or a weekly, monthly, or annual fee.	1%
Term of Agreement Definition: The length of time your franchise agreement will last. What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease. Once your term is up, you may have the option to renew your agreement, typically for a smaller fee than the original franchise fee.	10 years
Is franchise term renewable?	Yes

Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

Third Party Financing	Mayweather Boxing + Fitness has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training	95 hours
Classroom Training	43 hours
Ongoing Support	Newsletter Meetings & Conventions Toll-Free Line Grand Opening Online Support Security & Safety Procedures Lease Negotiation Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Marketing Support	Co-op Advertising Ad Templates National Media Regional Advertising Social Media SEO Website Development Email Marketing Loyalty Program/App

Operations

Additional details about running this franchise.

Is absentee ownership allowed?	No
Can this franchise be run from home/mobile unit? Definition: The business can be run from your home and/or a vehicle, and it is not necessary to have a retail facility, office space, or warehouse.	No
Can this franchise be run part time? Definition: This business can be run by the owner on a part-time basis (less than 40 hours per week) and/or as a side business; it is not necessary for the business to be open/run full-time.	No
# of employees required to run	4-7
Are exclusive territories available? Definition: An exclusive territory is a fixed area in which you are given the right to operate and in which no other units of the same franchise may be opened. What you need to know: Territory size may be based on factors such as radius, population size, zip codes, and more. Details can be found in Item 12 of the FDD.	Yes