Mayweather Fitness Franchise Signs Over 100 Locations
Mayweather Boxing + Fitness Experiences Rapid Growth
July 17, 2019 // Franchising.com // LOS ANGELES - Mayweather Boxing + Fitness, an industry-leading group fitness and boxing experience, announced today that it has over 100 franchise locations in development across the United States. Floyd Mayweather’s iconic group boxing brand has been met with unprecedented success, with the flagship location achieving profitability within its first three months of opening and the franchise becoming one of the fastest growing fitness brands ever.
“We are focused on providing franchisees with the guidance necessary to become successful business owners under the Mayweather brand,” said James Williams, CEO Mayweather Boxing + Fitness. “Our franchsiees have seen the opportunity to build best-in-class Studios that capitalize on the fast-growing group fitness market, while utilizing Floyd’s workout programs and the support of a highly experienced team.”
The company’s rapid expansion - all within its first year of franchising - includes the most recent acquisition of a 30-unit development deal in San Francisco. Locations will soon be popping up across the country, with higher concentrations in Texas, New York, New Jersey, Tennessee, Georgia, South Carolina, Missouri, North Carolina, Virginia and Illinois.
Mayweather Boxing + Fitness currently operates its flagship Studio in Los Angeles; and upcoming franchise openings include New York and Tampa this summer, with 15 more franchises expected to open in 2019. Franchisees include a mix of individuals from fitness, technology, finance, small business-ownership and military backgrounds; together with multi-brand / multi-unit franchise operators, and health and wellness-focused private equity firms.
Qualified individuals can open a startup Studio for as little as $200,000, or convert an existing qualified fitness-related business to a Mayweather Boxing + Fitness Studio for around $70,000.
Each Mayweather Boxing + Fitness Studio offers class-based boxing and functional training workouts that utilize Floyd Mayweather’s training techniques and workout regimens. The unique training Studios, designed and developed by Mayweather, offer advanced technology features, including individual Virtual Reality sessions, heartrate monitoring and daily workout videos.
To learn more about Mayweather Boxing + Fitness, visit https://www.mayweather.fit/
About Mayweather Boxing + Fitness
Mayweather Boxing + Fitness is a revolutionary group fitness experience that combines immersive training with industry-leading technology. Having spent 21 years at the top of the sport of boxing, and developing his proprietary - and previously unshared - workout programs and routines, Floyd Mayweather has partnered with an industry-leading team to deliver the gold standard in group fitness franchising.
SOURCE Mayweather Boxing + Fitness