Start-Up Costs and Fees |
||
| Orange Shoe Personal Fitness | Mayweather Boxing + Fitness | |
| Investment | 96600 - 325000 | 39500 - 698000 |
| Franchise Fee | ||
| Royalty Fee | 6% | |
| Advertising Fee | ||
| Year Founded | 2007 | 2018 |
| Year Franchised | 2009 | 2018 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Orange Shoe Personal Fitness | Mayweather Boxing + Fitness | |
| Experience | ||
Financing Options |
||
| Orange Shoe Personal Fitness | Mayweather Boxing + Fitness | |
| Franchise Fees | Yes | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Orange Shoe Personal Fitness | Mayweather Boxing + Fitness | |
| Training | Available at headquarters: 8 days. At franchisee's location: 8 days. Online training : 4 days. | |
| Support | Newsletter Meetings Toll-free phone line Grand opening Internet Security/safety procedures Field operations/evaluations | |
| Marketing | Co-op advertising Ad slicks | |
| Operations | 25% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 4. Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators). | |
Expansion Plans |
||
| Orange Shoe Personal Fitness | 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 | |
| Orange Shoe Personal Fitness | |
| Mayweather Boxing + Fitness | |
| Franchise Fee | |
| Orange Shoe Personal Fitness | |
| Mayweather Boxing + Fitness | |
| Royalty Fee | |
| Orange Shoe Personal Fitness | 6% |
| Mayweather Boxing + Fitness | |
| Advertising Fee | |
| Orange Shoe Personal Fitness | |
| Mayweather Boxing + Fitness | |
| Year Founded | |
| Orange Shoe Personal Fitness | 2007 |
| Mayweather Boxing + Fitness | 2018 |
| Year Franchised | |
| Orange Shoe Personal Fitness | 2009 |
| Mayweather Boxing + Fitness | 2018 |
| Term Of Agreement | |
| Orange Shoe Personal Fitness | 10 years |
| Mayweather Boxing + Fitness | |
| Renewal Fee | |
| Orange Shoe Personal Fitness | |
| Mayweather Boxing + Fitness | |
Business Experience Requirements |
|
| Experience | |
| Orange Shoe Personal Fitness | |
| Mayweather Boxing + Fitness | |
Financing Options |
|
| Franchise Fees | |
| Orange Shoe Personal Fitness | Yes |
| Mayweather Boxing + Fitness | Yes |
| Start-up Costs | |
| Orange Shoe Personal Fitness | |
| Mayweather Boxing + Fitness | |
| Equipment | |
| Orange Shoe Personal Fitness} | |
| Mayweather Boxing + Fitness | |
| Inventory | |
| Orange Shoe Personal Fitness | |
| Mayweather Boxing + Fitness | |
| Receivables | |
| Orange Shoe Personal Fitness | |
| Mayweather Boxing + Fitness | |
| Payroll | |
| Orange Shoe Personal Fitness | |
| Mayweather Boxing + Fitness | |
Training & Support |
|
| Training | |
| Orange Shoe Personal Fitness | Available at headquarters: 8 days. At franchisee's location: 8 days. Online training : 4 days. |
| Mayweather Boxing + Fitness | |
| Support | |
| Orange Shoe Personal Fitness | Newsletter Meetings Toll-free phone line Grand opening Internet Security/safety procedures Field operations/evaluations |
| Mayweather Boxing + Fitness | |
| Marketing | |
| Orange Shoe Personal Fitness | Co-op advertising Ad slicks |
| Mayweather Boxing + Fitness | |
| Operations | |
| Orange Shoe Personal Fitness | 25% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 4. Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators). |
| Mayweather Boxing + Fitness | |
Expansion Plans |
|
| US Expansion | |
| Orange Shoe Personal Fitness | |
| 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 | |
| Orange Shoe Personal Fitness | |
| Mayweather Boxing + Fitness | |
| International Expansion | |
| Orange Shoe Personal Fitness | |
| Mayweather Boxing + Fitness | |