Start-Up Costs and Fees |
||
| Cuts Fitness For Men | Mayweather Boxing + Fitness | |
| Investment | 33600 - 77900 | 39500 - 698000 |
| Franchise Fee | ||
| Royalty Fee | $400/mo. | |
| Advertising Fee | ||
| Year Founded | 2003 | 2018 |
| Year Franchised | 2003 | 2018 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Cuts Fitness For Men | Mayweather Boxing + Fitness | |
| Experience | Industry experience General business experience Marketing skills | |
Financing Options |
||
| Cuts Fitness For Men | Mayweather Boxing + Fitness | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Cuts Fitness For Men | Mayweather Boxing + Fitness | |
| Training | ||
| Support | Newsletter, Meetings, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives | |
| Marketing | Co-op advertising, Regional advertising | |
| Operations | 20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 - 2 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Cuts Fitness For Men | Mayweather Boxing + Fitness | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Cuts Fitness For Men | |
| Mayweather Boxing + Fitness | |
| Franchise Fee | |
| Cuts Fitness For Men | |
| Mayweather Boxing + Fitness | |
| Royalty Fee | |
| Cuts Fitness For Men | $400/mo. |
| Mayweather Boxing + Fitness | |
| Advertising Fee | |
| Cuts Fitness For Men | |
| Mayweather Boxing + Fitness | |
| Year Founded | |
| Cuts Fitness For Men | 2003 |
| Mayweather Boxing + Fitness | 2018 |
| Year Franchised | |
| Cuts Fitness For Men | 2003 |
| Mayweather Boxing + Fitness | 2018 |
| Term Of Agreement | |
| Cuts Fitness For Men | 10 years |
| Mayweather Boxing + Fitness | |
| Renewal Fee | |
| Cuts Fitness For Men | |
| Mayweather Boxing + Fitness | |
Business Experience Requirements |
|
| Experience | |
| Cuts Fitness For Men | Industry experience General business experience Marketing skills |
| Mayweather Boxing + Fitness | |
Financing Options |
|
| Franchise Fees | |
| Cuts Fitness For Men | No |
| Mayweather Boxing + Fitness | No |
| Start-up Costs | |
| Cuts Fitness For Men | |
| Mayweather Boxing + Fitness | |
| Equipment | |
| Cuts Fitness For Men} | |
| Mayweather Boxing + Fitness | |
| Inventory | |
| Cuts Fitness For Men | |
| Mayweather Boxing + Fitness | |
| Receivables | |
| Cuts Fitness For Men | |
| Mayweather Boxing + Fitness | |
| Payroll | |
| Cuts Fitness For Men | |
| Mayweather Boxing + Fitness | |
Training & Support |
|
| Training | |
| Cuts Fitness For Men | |
| Mayweather Boxing + Fitness | |
| Support | |
| Cuts Fitness For Men | Newsletter, Meetings, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives |
| Mayweather Boxing + Fitness | |
| Marketing | |
| Cuts Fitness For Men | Co-op advertising, Regional advertising |
| Mayweather Boxing + Fitness | |
| Operations | |
| Cuts Fitness For Men | 20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 - 2 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
| Mayweather Boxing + Fitness | |
Expansion Plans |
|
| US Expansion | |
| Cuts Fitness For Men | |
| Mayweather Boxing + Fitness | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | |
| Cuts Fitness For Men | 0 |
| Mayweather Boxing + Fitness | |
| International Expansion | |
| Cuts Fitness For Men | |
| Mayweather Boxing + Fitness | |