Start-Up Costs and Fees |
||
| Gold's Gym | Mayweather Boxing + Fitness | |
| Investment | 22200000000000 - 5000500 | 39500 - 698000 |
| Franchise Fee | 0 | |
| Royalty Fee | 5% | |
| Advertising Fee | 2% | |
| Year Founded | 1965 | 2018 |
| Year Franchised | 1980 | 2018 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Gold's Gym | Mayweather Boxing + Fitness | |
| Experience | Industry experience General business experience | |
Financing Options |
||
| Gold's Gym | Mayweather Boxing + Fitness | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Gold's Gym | Mayweather Boxing + Fitness | |
| Training | Available at headquarters | |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations | |
| Marketing | Co-op advertising, Regional advertising | |
| Operations | 30% of all franchisees own more than one unit Absentee ownership of franchise is allowed. | |
Expansion Plans |
||
| Gold's Gym | 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 | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Gold's Gym | |
| Mayweather Boxing + Fitness | |
| Franchise Fee | |
| Gold's Gym | |
| Mayweather Boxing + Fitness | |
| Royalty Fee | |
| Gold's Gym | 5% |
| Mayweather Boxing + Fitness | |
| Advertising Fee | |
| Gold's Gym | 2% |
| Mayweather Boxing + Fitness | |
| Year Founded | |
| Gold's Gym | 1965 |
| Mayweather Boxing + Fitness | 2018 |
| Year Franchised | |
| Gold's Gym | 1980 |
| Mayweather Boxing + Fitness | 2018 |
| Term Of Agreement | |
| Gold's Gym | |
| Mayweather Boxing + Fitness | |
| Renewal Fee | |
| Gold's Gym | |
| Mayweather Boxing + Fitness | |
Business Experience Requirements |
|
| Experience | |
| Gold's Gym | Industry experience General business experience |
| Mayweather Boxing + Fitness | |
Financing Options |
|
| Franchise Fees | |
| Gold's Gym | No |
| Mayweather Boxing + Fitness | No |
| Start-up Costs | |
| Gold's Gym | |
| Mayweather Boxing + Fitness | |
| Equipment | |
| Gold's Gym} | |
| Mayweather Boxing + Fitness | |
| Inventory | |
| Gold's Gym | |
| Mayweather Boxing + Fitness | |
| Receivables | |
| Gold's Gym | |
| Mayweather Boxing + Fitness | |
| Payroll | |
| Gold's Gym | |
| Mayweather Boxing + Fitness | |
Training & Support |
|
| Training | |
| Gold's Gym | Available at headquarters |
| Mayweather Boxing + Fitness | |
| Support | |
| Gold's Gym | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations |
| Mayweather Boxing + Fitness | |
| Marketing | |
| Gold's Gym | Co-op advertising, Regional advertising |
| Mayweather Boxing + Fitness | |
| Operations | |
| Gold's Gym | 30% of all franchisees own more than one unit Absentee ownership of franchise is allowed. |
| Mayweather Boxing + Fitness | |
Expansion Plans |
|
| US Expansion | |
| Gold's Gym | |
| 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 | |
| Gold's Gym | |
| Mayweather Boxing + Fitness | |
| International Expansion | |
| Gold's Gym | |
| Mayweather Boxing + Fitness | |