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 2024 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 2024 FDD

Section III – Number of franchised and company-owned TITLE Boxing Club outlets at the start of the year and the end of the year for 2021, 2022, and 2023, based on Item 20 of the company’s 2024 FDD

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 2024 FDD, including information on the:

• 2023 average, median, highest, and lowest gross sales for the top 20%, middle 60%, lower 20%, and all 106 franchised TITLE Boxing Club fitness studios in operation at the end of 2023 and were open for at least 10 months during 2023

• 2023 average, median, highest, and lowest gross sales for the one franchised TITLE Boxing Club fitness studio in operation at the end of 2023 and was not open for at least 10 months during 2023

• 2023 average, median, highest, and lowest gross sales for the 6 company-owned TITLE Boxing Club fitness studios in operation at the end of 2023

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

• Initial Franchise Fee:  $49,500
• Pre-Sales Training Fee:  $1,500
• Launch Training Fee:  $6,000
• Travel Costs for Franchisee and Franchisee’s General Manager to Travel to Designated Location for Pre-Sales Training:  $1,500 to 4,700
• Initial Package:  $96,674 to $106,760
• Delivery for Standard Initial Package:  $18,001 to $21,843
• Leasehold Improvements:  $164,000 to $380,000
• Architectural and Engineering Services:  $9,850 to $52,086
• Signage:  $17,200 to $19,200
• Pre-Opening Marketing:  $25,000
• Retail Items:  $3,500 to $8,250
• Security Deposits:  $5,000 to $21,000
• Rent (3 Months):  $0 to $63,000
• Business Equipment:  $2,000 to $4,000
• Office Supplies and Cleaning Supplies:  $1,500 to $2,500
• Business Licenses:  $500 to $3,000
• Insurance – 3 Months:  $2,000 to $3,000
• Music Licensing Fee:  $1,800 to $2,200
• Site Selection Assistance/Consulting:  $0 to $2,000
• Additional Funds – 3 Months:  $43,000 to $83,000
• Total Estimated TITLE Boxing Club Franchise Costs:  $448,525 to $858,539

Section II – TITLE Boxing Club’s Initial Franchise Fee, Royalty Fee, and Marketing Fee

• 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

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

2023

• Outlets at the Start of the Year:  127
• Outlets at the End of the Year:  107
• Net Change:  -20

Company-Owned

2021

• Outlets at the Start of the Year:  2
• Outlets at the End of the Year:  2
• Net Change:  0

2022

• Outlets at the Start of the Year:  2
• Outlets at the End of the Year:  2
• Net Change:  0

2023

• Outlets at the Start of the Year:  2
• Outlets at the End of the Year:  6
• Net Change:  +4

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, 2024 FDD)

• The first chart below provides certain information regarding franchised Fitness Studios in operation at the end of the 2023 calendar year. The information is categorized by revenue into three categories: the Top 20% of franchised Fitness Studios by revenue (the “Top 20%”), the middle 60% of franchised Fitness Studios by revenue (the “Middle 60%”); and the lower 20% of franchised Fitness Studios by Revenue (the “Lower 20%).

• The first chart displays the Average Revenue, Median Revenue, High Revenue, and Low Revenue with respect to each category for 2023.

• All franchised locations that were open at the end of 2023 are included in the first chart unless the location was not open for at least ten months during 2023. 106 franchised locations are included in the first chart. One franchised location that was in operation at the end of 2023 was excluded from the first chart below and its information is provided in the second chart.

• Information for the six company-owned locations that were in operation at the end of 2023 is provided in the third chart.

• Fifteen franchised locations and one company-owned location closed in 2023 prior to the end of 2023; they are not included in the charts because they were not in operation at the end of 2023.

Part 1 – 2023 Revenue for Franchised Fitness Studios That Were in Operation at the End of 2023 (and Were Open for at Least 10 Months During 2023)

Top 20%

• Number of Franchised Fitness Studios:  21
• Average Revenue:  $689,206
• Number Above/Below Average:  10/11
• Median Revenue:  $657,866
• High Revenue:  $975,610
• Low Revenue:  $583,373

Middle 60%

• Number of Franchised Fitness Studios:  64
• Average Revenue:  $411,067
• Number Above/Below Average:  28/36
• Median Revenue:  $401,491
• High Revenue:  $579,611
• Low Revenue:  $307,637

Lower 20%

• Number of Franchised Fitness Studios:  21
• Average Revenue:  $225,021
• Number Above/Below Average:  10/11
• Median Revenue:  $219,436
• High Revenue:  $303,701
• Low Revenue:  $126,482

All

• Number of Franchised Fitness Studios:  106
• Average Revenue:  $429,312
• Number Above/Below Average:  44/62
• Median Revenue:  $401,490
• High Revenue:  $975,610
• Low Revenue:  $126,842

Part 2 – 2023 Revenue for Franchised Fitness Studios That Were in Operation at the End of 2023 (and Were Not Open for at Least 10 Months During 2023)

• Number of Franchised Fitness Studios:  1
• Average Revenue:  $58,689
• Median Revenue:  $58,689
• High Revenue:  $58,689
• Low Revenue:  $58,689

Part 3 – 2023 Revenue for Company-Owned Fitness Studios in Operation at the End of 2023

• Number of Franchisor-Owned Fitness Studios:  6
• Average Revenue:  $355,095
• Number Above/Below Average:  3/3
• Median Revenue:  $352,870
• High Revenue:  $460,781
• Low Revenue:  $255,072

• 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) ⬇️