Costs of a Boxing Club Franchise
Boxing Club Franchise
If you are interested in opening a boxing club, you should know that a boxing club franchise comes with certain costs. The costs include the initial investment, startup costs, franchise fee, advertising, royalty fees, and potential renewal fees. Additionally, you will need to have a certain amount of liquid capital to start up a boxing club franchise. These fees are usually listed on a franchise agreement. However, there are other costs that you should consider before choosing a boxing club franchise.
TITLE Boxing Club, the nation’s largest fitness boxing company, has announced the hiring of Franck Meunier as SVP of International Strategy. Meunier will oversee TITLE’s ongoing work to retool its franchise support team. The company recently announced its strategic plan to revive its franchise expansion. By the end of 2025, the company aims to open 300+ fitness boxing clubs worldwide. Franchisees should have a strong understanding of these requirements.
Franchisees of a TITLE Boxing Club franchise can expect a premium fitness experience. Franchisees oversee exclusive members-only fitness gyms where trainers specialize in boxing. They can expect to burn 1,000 calories in 60 minutes, while also providing personal training. In addition to this, the gym also offers services such as massage, yoga, and tai chi. The club offers a full-body boxing workout and has multiple money-making streams. Franchisees can open several locations throughout the U.S. and even internationally.
Costs of a Boxing Club Franchise
A TITLE Boxing Club franchisee will need to pay an initial development fee. This fee is nonrefundable. If you fail to pay the franchise fee within 10 months of the start of the franchise term, you will be required to pay the fee. The fees are calculated as a percentage of Gross Revenue, and TITLE Boxing Club can ask for more if necessary. Franchisees will pay up to 2% of Gross Revenue to TITLE Boxing Club.
The initial investment in a TITLE Boxing Club franchise can vary depending on your location and market. You should plan to spend between $162,808 and $423,120. If you do not have the capital to open a TITLE Boxing Club franchise, you may want to consider seeking a loan through a lender. Franchisees with a net worth over $400,000 can qualify for a loan through FranFund.
In 2016, TBC International, LLC, a Kansas-based company, opened the first TITLE Boxing Club fitness club. TBC Fitness Club franchises offer total body boxing and kickboxing workouts that burn at least 1,000 calories per hour. TBC is also a global distributor of boxing equipment and apparel. This allows franchisees to offer their customers the best group fitness experience available. In addition to helping you get fit and stay in shape, TBC Boxing Club offers a wide variety of training programs.