Mayweather Boxing + Fitness Franchise Costs, Fees & Owner Salary (2023)

Initial Franchise Fee

The initial franchise fee for a single studio is $49,500, paid in a lump sum upon signing the Franchise Agreement. This fee is uniform and nonrefundable. However, there is a 20% discount for United States Veterans who have been honorably discharged and/or their spouses. This discount is applied once in connection with a Veteran’s or Veteran’s spouse’s purchase of the initial studio.

Royalty Fee

The document does not explicitly state the exact percentage or amount for the royalty fee. However, it mentions that franchisees are required to pay ongoing fees, which typically include royalty fees.

Marketing Fee

Similarly, the exact percentage and amount for the marketing fee are not explicitly stated in the provided excerpts. The document mentions that franchisees are required to contribute to a brand fund for marketing and advertising purposes, but the specific details are not provided in the excerpts>

Other Notable Fees

• Presale Success Kit: Within 30 days after signing the Franchise Agreement, franchisees must pay $36,000 for a "Presale Success Kit," which includes branded merchandise, apparel, and products for resale to members.
• Technology System: The estimated cost for the technology system ranges from $27,700 to $36,700, payable as incurred before opening.
• Furniture, Fixtures, and Equipment: The estimated cost ranges from $67,000 to $106,500, payable as incurred before opening.

Managing Owner Training

• The Mayweather Boxing + Fitness System and Philosophy: This includes 1 hour of classroom training in Dallas, Texas (or as specified).
• Approved Membership Packages, Sale Strategies and Presentations: This involves 3 hours of classroom training and 4 hours of on-the-job training in Dallas, Texas (or as specified).
• Approved Exercise Equipment, Function and Maintenance: This includes 1 hour of classroom training and 2 hours of on-the-job training in Dallas, Texas (or as specified).
• Approved Products, Vendors and Suppliers: This involves 1 hour of classroom training in Dallas, Texas (or as specified).
• Proprietary Workouts Routines and Execution: This includes 2 hours of classroom training and 8 hours of on-the-job training in Dallas, Texas (or as specified).
• Retail Center Setup, Sales and Inventory Management: This involves 1 hour of classroom training and 1 hour of on-the-job training in Dallas, Texas (or as specified).
• Manager Responsibilities and Daily Operations: This includes 2 hours of classroom training and 6 hours of on-the-job training in Dallas, Texas (or as specified).
• Safety, Health, Sanitation and Cleanliness Standards: This involves 1 hour of classroom training in Dallas, Texas (or as specified).

Head Coach Training

• The Mayweather Boxing + Fitness System and Philosophy: This includes 1 hour of on-the-job training, which is virtual and on-demand.
• Proprietary Workouts Routines and Execution: This involves 28 hours of on-the-job training, which is virtual and on-demand.

Additional Training Details

• Self-Study: Prior to participating in the initial training programs, the Managing Owner, Studio Manager, and Head Coach are expected to complete the required self-study (approximately 25 hours for Managing Owners and Studio Managers, and approximately 10 hours for Head Coaches) at their own pace using materials sent by the franchisor and viewing videos on the proprietary educational platform.

Mayweather Boxing + Fitness franchise does provide territory protection to its franchisees.

Mayweather Boxing + Fitness franchise requires active involvement and management from the franchisee. Therefore, it may not be suitable as a purely passive investment.