Buy A Legends Boxing Franchise
Legends Boxing Franchise
There are many benefits to buying a Legends Boxing franchise, but there are some things you need to know before you do so. Before you start looking, be sure to understand the company’s business model and the brand itself. Then, you can determine whether the investment will be worth it. Listed below are some of the pros and cons of owning a Legends Boxing franchise in Michigan. After you’ve considered these points, you’re ready to buy a Legends Boxing franchise.
The investment costs are often more than a normal gym membership, so be sure to look for low-cost options if possible. In addition to low startup costs, a boxing franchise can be very profitable if it has an extensive marketing strategy. If you are considering opening a gym, make sure you have a clear idea of the target audience. In addition to offering the fitness experience you’re looking for, you’ll also have access to a comprehensive training system and extensive operational support.
If you’re interested in owning a Legends Boxing franchise, you’ll want to find a location in a metropolitan area. Franchise fees for this gym brand range from $16,000 to $250,000, but these costs vary depending on the size of your business. Some franchises require you to purchase two existing locations before you can make your investment. The costs for a Legends Boxing franchise can run into the hundreds of thousands of dollars, but the benefits far outweigh these costs.
Buy A Legends Boxing Franchise
The cost of a Mayweather boxing + fitness franchise depends on its size. You can choose a turn-key location or renovate an existing gym. The cost depends on your area and other factors. If you want to open a gym, you’ll need at least 2,000 square feet. A Mayweather Boxing + Fitness franchise may cost you up to $25,000, including the Franchise Fee, and up to 6% of your monthly income to the home office. However, the franchise fee can be waived for qualified gyms.
When you decide to invest in a Legends Boxing franchise, you’ll have the support of a passionate membership base. The company recently appointed Scott Hatter as its president and COO. Hatter brings extensive experience in the franchise industry, including positions at Burger King, Baja Fresh Mexican Grill, LunchboxWax salons, and Deka Lash. In addition, he is a proven leader when it comes to raising profits.
The franchise fee for a Legends Boxing franchise can range from $285,065 to $563,938, depending on the territory you buy. Franchise fees are also a part of the cost, so you must have at least $100,000 in liquid capital to make your investment. If you don’t have that much cash to invest, Legends Boxing partners with FranFund to find the funding solutions that work best for you.