TITLE Boxing Club Franchise Costs, Fees & Owner Salary (2023)

INVESTMENT

$368,000

-

$665,000

LOCATIONS

129

Tanya

Updated

April 11, 2024

Is

TITLE Boxing Club

a franchise?

Yes,
TITLE Boxing Club
currently
accepts
franchise
applications

TITLE Boxing Club is a leading boutique fitness franchise in the United States that is synonymous with boxing fitness centers that offer high-energy boxing classes, kickboxing, and MMA.

The chain was founded in 2008 by Danny Campbell in Overland Park, Kansas, where it is currently based.

TITLE Boxing Club began franchising in 2009, and continues to build workouts that empower people of all ages, all bodies, all weights and all abilities. Currently, the chain has a presence withover 145 gyms in the US, with 139 being franchise owned.

How many

TITLE Boxing Club

franchises

are there?

In 2022, there were
129
outlets in
the United
States, of which
127
are franchises, and
2
are corporate-owned.

What are the

TITLE Boxing Club

franchise

fees?

Advertising fee

1% to 2%

Initial Franchise Fee

The initial franchise fee is $49,500, which is due in a lump sum at the signing of the Franchise Agreement. This fee is reduced to $33,166 for each Franchise Agreement signed simultaneously for the development of three or four Fitness Facilities or when signing an Area Development Agreement for the same number.

For the development of five or more Fitness Facilities, the initial franchise fee is further reduced to $29,900.

Royalty Fee

The royalty fee is 7.5% of monthly Gross Revenue, subject to a monthly royalty fee adjustment based on a required Minimum Performance Standard of $23,600 monthly Gross Revenue in the second year and $29,500 monthly Gross Revenue in the third and subsequent years.

This fee is payable weekly, and the franchisor may require payment to be made by Electronic Funds Transfer with 30 days written notice.

Marketing Fund Contribution

The Marketing Fund Contribution is not specified in the exact amount but is implied to be part of the local advertising expenditures with a minimum monthly expenditure of $2,000 required for local advertising and public relations activities after the first anniversary of opening. Any deficiency in local marketing must be contributed to the Marketing Fund.

Regional or Local Advertising Cooperative

Franchisees must contribute a minimum of $1,500 and a maximum of $3,000 per month to the Regional or Local Advertising Cooperative, as determined by the Cooperative, subject to increase upon unanimous agreement.

Note: The fees presented here can be found in the Item 5 of the Franchise Disclosure Document. For a complete list of all the fees borne by the franchisee, please consult the Franchise Disclosure Document.

How much does

it cost

to start a

TITLE Boxing Club

franchise?

It costs between
$368,000
and
$665,000
to start a
TITLE Boxing Club
franchise.
Nature of Expense Amount
Initial franchise fee $49,500
Initial Training Fee $6,000
Travel and Living Expenses While Training $2,500 to $5,000
Initial Package $74,809 to $130,900
Delivery for Standard Initial Package $5,046 to $14,000
Leasehold Improvements $140,160 to $268,999
Architectural and Engineering Services $5,000 to $28,000
Signage $14,337 to $17,410
Pre-Opening Marketing $30,000
Additional fees $500 to $2,000
Security Deposits $5,000 to $11,000
Rent (3 months) $0 to $30,000
Business Equipment $2,000 to $4,000
Office Supplies $500 to $2,000
Business Licenses $500 to $3,000
Insurance - 3 months $1,500 to $3,000
Music Licensing Fee $250 to $750
Site Selection Assistance/Consulting $0 to $2,000
Additional funds – 3 months $30,000 to $57,000
Total $367,601 to $664,559

Note: The table above provides a snapshot of the main costs associated with starting the most common franchise format (as disclosed in the Item 7 of the Franchise Disclosure Document). For a complete overview of all the expenses involved with the various formats offered by the franchisor, please consult the Franchise Disclosure Document.

Does

TITLE Boxing Club

provide

training

to its

franchisees?

Yes,
TITLE Boxing Club
provides
training

Initial Training Program

This program must be completed at least 10 days before the opening of the Fitness Facility. The initial training program is continuous throughout the year and can be requested by the franchisee.

A one-time initial training fee of $5,000 is payable at the time the Franchise Agreement is signed. The training includes classes and on-the-job training at one of the affiliate-owned Fitness Facilities. If purchasing an existing Fitness Facility, the new owner must attend training prior to taking over operations.

Supplemental Training

All supplemental training will be furnished at a time and place designated by the franchisor and for a duration determined at the time the training is required or requested.

The franchisee must pay the then-current supplemental training fee, which is currently $400 per day and will not exceed $1,000 per day, plus reimburse the franchisor for expenses, including transportation, hotel, and meals for the employees providing such training.

Additional Training for New General Managers

The franchisor reserves the right to train any new general manager of the franchisee's Fitness Facility and may assess reasonable charges for this additional training.  In such cases, the franchisee must pay additional training fees of $400 a day, plus reimbursement for the travel, room, and meals of the franchisor's employees providing the training.

Does

TITLE Boxing Club

provides

territory

protection?

The franchise does provide territory protection to its franchisees, ensuring that they have exclusive rights to operate within a specified area as long as they adhere to the terms of the Franchise Agreement.

Can a

TITLE Boxing Club

franchise

be run as

a passive

investment?

TITLE Boxing Club franchise can potentially be run as a passive investment, but it is clear that the franchisor recommends active involvement for optimal operation.

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