Legends Boxing provides boxing fitness classes for all levels, from beginners to advanced boxers. The franchise offers a supportive environment with experienced trainers to help customers achieve their fitness goals through boxing techniques.
Key Insights
- Legends Boxing offers a distinctive fitness experience built on foundational boxing principles, providing a structured workout designed for all fitness levels. The franchise has evolved to become a recognized name in the fitness sector.
- The business model centers on delivering high-energy, coach-led group fitness classes within a welcoming and supportive environment. Members engage in routines that focus on technique, stamina, and strength building.
- Operating within the dynamic health and wellness industry, the franchise taps into a growing consumer interest in effective and engaging fitness solutions. The market prioritizes specialized, results-driven workout programs.
Franchise Fee and Costs to Open
Exploring the financial picture of Legends Boxing gives insight into both the upfront commitment and the potential revenue opportunity. According to FDD Item 7, opening this franchise typically involves an investment in the range of $285,065 - $563,938, along with a franchise fee of $51,900 - $51,900.
Financial Performance and Revenue
Yearly gross sales of $414,020 and estimated earnings of $62,103 - $74,524 show the potential financial performance of this franchise. These figures are crucial for prospective franchisees as they help to project revenue and profitability. They offer insight into the business's ability to generate income and can be used to compare its performance against other investment opportunities. The Franchise Payback Period of 6.7-8.7 provides an estimation of the time it might take for an owner to recover their initial investment. This metric is a key consideration for anyone evaluating the financial viability of a franchise, as it relates directly to the speed at which the business can become profitable. A shorter payback period can indicate a faster return on capital, which is a significant factor in making an informed decision about a franchise investment.
Training and Resources
Legends Boxing provides comprehensive initial training. This intensive program, lasting two weeks, takes place at the Legends Boxing corporate headquarters. The franchisor offers a robust operational manual and marketing materials. Legends Boxing recommends utilizing their established brand guidelines and operational procedures for consistent execution.
Legal Considerations
Legal considerations for a Legends Boxing franchisee are defined by the Franchise Disclosure Document (FDD) and the Franchise Agreement. This franchise does not disclose lawsuits or bankruptcy information in its FDD, but prospective franchisees should still review all terms thoroughly. Consultation with a qualified attorney is essential before making commitments.
Challenges and Risks
Franchisees may encounter considerations regarding local market saturation from other fitness facilities. The operational aspects of managing staff, class scheduling, and equipment maintenance present a learning curve. Furthermore, ensuring a consistent supply of essential items like boxing gloves and apparel from designated vendors is a logistical factor to navigate effectively.
Franchise Datasheet
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