In this exclusive Franchise Chatter FDD Talk post, you’ll learn the following:
Section I – Estimated initial investment (franchise costs) for a TITLE Boxing Club franchise, based on Item 7 of the company’s 2023 FDD
Section II – Initial franchise fee, royalty fee, and marketing fee for a TITLE Boxing Club franchise, based on Items 5 and 6 of the company’s 2023 FDD
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Section IV – News updates on the TITLE Boxing Club franchise opportunity
Section V – Presentation and analysis of TITLE Boxing Club’s financial performance representations (average revenues and/or profits), based on Item 19 of the company’s 2023 FDD, including information on the:
- 2022 average, median, highest, and lowest gross sales for the top 20%, middle 60%, lower 20%, and all 125 TITLE Boxing Club locations that were open for at least ten months during 2022
- 2022 average, median, highest, and lowest gross sales for the 4 excluded TITLE Boxing Club locations that were not open for at least ten months during 2022
Section VI – Key ratios, comparables, computations, and analyses for the TITLE Boxing Club franchise opportunity (exclusive content for Platinum subscribers)
Section I – TITLE Boxing Club Franchise Costs
- TITLE Boxing Club franchise costs, based on Item 7 of the company’s 2023 FDD:
- Initial Franchise Fee: $49,500
- Initial Training Fee: $6,000
- Travel and Living Expenses While Training: $2,500 to $5,000
- Initial Package: $74,809 to $130,900
- Delivery for Standard Initial Package: $5,046 to $14,000
- Leasehold Improvements: $140,160 to $268,999
- Architectural and Engineering Services: $5,000 to $28,000
- Signage: $14,337 to $17,410
- Pre-Opening Marketing: $30,000
- Additional Fees: $500 to $2,000
- Security Deposits: $5,000 to $11,000
- Rent – 3 Months: $0 to $30,000
- Business Equipment: $2,000 to $4,000
- Office Supplies: $500 to $2,000
- Business Licenses: $500 to $3,000
- Insurance – 3 Months: $1,500 to $3,000
- Music Licensing Fee: $250 to $750
- Site Selection Assistance/Consulting: $0 to $2,000
- Additional Funds – 3 Months: $30,000 to $57,000
- Total Estimated TITLE Boxing Club Franchise Costs: $367,601 to $664,559
Section II – TITLE Boxing Club’s Initial Franchise Fee, Royalty Fee, and Marketing Fee
- TITLE Boxing Club’s initial franchise fee, royalty fee, and marketing fee, based on Items 5 and 6 of the company’s 2023 FDD:
- Initial Franchise Fee: $29,900 to $49,500
- Royalty Fee: 7.5% of monthly Gross Revenue, subject to a monthly royalty fee adjustment that is calculated based on a required Minimum Performance Standard of $23,000 monthly Gross Revenue in the second year and $29,500 monthly Gross Revenue in the third year and in each subsequent year multiplied by 7.5%
- Brand Creative Fund Contribution: currently you must contribute 1% of your Gross Revenue to the Brand Creative Fund
- Local Advertising: $2,500 per month, for local advertising and public relations activities, until the first anniversary of opening your Fitness Studio. Thereafter, the minimum monthly expenditure shall be $2,000.
- Regional or Local Advertising Cooperative: minimum of $1,500 and maximum of $3,000 per month as determined by Cooperative; subject to increase upon unanimous vote of all members of the Cooperative
Section III – Number of Franchised and Company-Owned TITLE Boxing Club Outlets
Franchised
2020
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When I owned a UPS Store, I learned firsthand how much your ZIP code shapes your outcome. I sold my store at a premium because my territory was in a high-value area. The best areas go first, and once they're gone, they're gone. Enter your ZIP code to see which franchises are still available near you, saving you months of wasted research.🔴Free Webinar: 6 Under-the-Radar Franchise Concepts That Serious Buyers Should Know
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- Outlets at the End of the Year: 153
- Net Change: -20
2021
- Outlets at the Start of the Year: 153
- Outlets at the End of the Year: 139
- Net Change: -14
2022
- Outlets at the Start of the Year: 139
- Outlets at the End of the Year: 127
- Net Change: -12
Company-Owned
2020
- Outlets at the Start of the Year: 2
- Outlets at the End of the Year: 2
- Net Change: 0
2021
- Outlets at the Start of the Year: 2
- Outlets at the End of the Year: 2
- Net Change: 0
2022
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When I owned a UPS Store, I learned firsthand how much your ZIP code shapes your outcome. I sold my store at a premium because my territory was in a high-value area. The best areas go first, and once they're gone, they're gone. Enter your ZIP code to see which franchises are still available near you, saving you months of wasted research.📈Dreaming of Multi‑Unit Success? Lock In Prime Territories Before They're Gone.
Colin started as a team member at 21 and now owns 6 locations in Tampa Bay. Lisa came from marketing and built 21 in San Diego. The most successful multi-unit owners move early and secure markets with room to grow. Use our free tool to search multiple ZIP codes and find franchises where you can still stack locations, before someone else does.- Outlets at the Start of the Year: 2
- Outlets at the End of the Year: 2
- Net Change: 0
Section IV – News Updates on the TITLE Boxing Club Franchise
Section V – Financial Performance Representations (Average Revenues and/or Profits) for the TITLE Boxing Club Franchise (Item 19, 2023 FDD)
- The chart below provides certain information regarding Fitness Studios in operation during the 2022 calendar year. The information is categorized by revenue into three categories: the Top 20% of Studios by revenue (the “Top 20%”), the middle 60% of Studios by revenue (the “Middle 60%”); and the lower 20% of Studios by revenue (the “Lower 20%).
- The chart displays the Average Revenue, Median Revenue, High Revenue, and Low Revenue with respect to each category.
- All franchised and corporate locations are included unless the location was not open for at least ten months during 2022.
- 125 locations are included in the first chart. Four locations were excluded from the first chart below and their information is provided in the second chart.
Top 20%
- Number of Clubs: 25
- Average Revenue: $670,525
- Number Above/Below Average: 10/15
- Median Revenue: $636,012
- High Revenue: $844,824
- Low Revenue: $561,920
Middle 60%
- Number of Clubs: 75
- Average Revenue: $381,067
- Number Above/Below Average: 34/16
- Median Revenue: $374,911
- High Revenue: $555,188
- Low Revenue: $250,270
Lower 20%
- Number of Clubs: 25
- Average Revenue: $187,622
- Number Above/Below Average: 14/11
- Median Revenue: $199,418
- High Revenue: $249,796
- Low Revenue: $85,754
All
- Number of Clubs: 125
- Average Revenue: $400,270
- Number Above/Below Average: 51/74
- Median Revenue: $374,911
- High Revenue: $844,824
- Low Revenue: $85,754
Excluded Clubs
- Number of Clubs: 4
- Average Revenue: $126,703
- Number Above/Below Average: 2/2
- Median Revenue: $126,266
- High Revenue: $249,209
- Low Revenue: $8,070
- Some outlets have earned this amount. Your individual results may differ. There is no assurance that you will sell as much.
Section VI – TITLE Boxing Club Franchise Ratios, Comparables, Computations, and Analyses (Exclusive Content for Platinum Subscribers) ⬇️
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