In 2022, our client further expanded the MBF footprint in Chicago by adding a satellite location in the heart of the North Shore in Wilmette. Mayweather Boxing + Fitness is the most exciting franchise opportunity to hit the $22+ billion boutique fitness industry and has taken the top spot in the industry for Entrepreneur Magazine’s Top New and Emerging Franchise Brands for 2023 (coming in No. 21).

Backed by a leadership team that knows exactly what it takes to run and grow successful fitness businesses, Mayweather Boxing + Fitness is one of the fastest growing boutique fitness brands in the nation. With nearly 100 locations open or in development stage, Mayweather Boxing + Fitness is connecting with savvy entrepreneurs who want to be part of the fitness franchise that’s changing the game forever.
The concept is an expertly programmed class experience that combines boxing combinations, cardio conditioning, and strength exercises for a results-driven workout.

The Mayweather Boxing + Fitness business model is built around multiple revenue streams. While the core revenue stream is the recurring monthly memberships. The sale of merchandise and personal training packages are key drivers of additional profitability.

Total Sales: $195,000

FFE: $175,000

FFE Included: Yes

Inventory: $5,000

Inventory Included: Yes

Year Established: 2021

Days & Hours of Operation: 6am-7:30pm Monday – Thursday ; 6am-6:30pm Friday ; 8am-Noon Saturday & Sunday

Owner Hours Per Week: 30

Non-Owner Payroll: $66,000

Absentee Owner: No

Security on Lease: Yes

Lease Option: Two 5 Year options to renew.

Real Estate Included: No

Monthly Rent: $5,586

Type of Location: Fitness Studio

Square Footage: 2,400

Franchise: Yes

Relocatable: Yes

Facilities Information:

The location is in Westlake Plaza, a strip mall right off the Edens Expressway (160,000 VPD [vehicles per day]) at Lake Avenue & Skokie Blvd (40K VPD [vehicles per day]). The first bricks & mortar Wayfair is opening in Edens Plaza (across the street) in 2024. Two of the largest highschools in the area are within 2 miles (Loyola and New Trier).
The space is a perfect square, making it an optimal floorplan for the MBF concept. Other tenants include The UPS Store, Lou Malnatis, Supercuts and 3 popular Asian food spots. Free parking on site. The internal space is newly built out as of 2021. The AV system is state of the art and all equipment is new as of 2022 with a long lifespan.

Reason For Sale:

The owners are looking at other business opportunities outside of fitness. In addition, the managing partner is looking to relocate out of the state.

Training & Support:

Yes

Owner Qualifications:

1.) A very strong marketing acumen, especially in social media. 2.) Good operational knowledge - how to run effective and efficient systems. 3.) Jack of all Trades...a person is willing to do all jobs, including sweep the floor and answer phones. 4.) A friendly and personable leader to the staff and members...someone who can talk to anyone.

Competition:

The variety of our workout and the community and coaching staff sets us apart from our competitors. The expertly programmed workouts are fun and motivating and keep our members coming back for more. Our members have built a very supportive and close-knit relationship with each other that keeps them accountable to upholding a healthy lifestyle through fitness.

Potential Growth:

Mayweather B+F has many potential avenues for future growth. There is great opportunity to grow membership with an owner who focuses on grassroots and social media marketing. Working on corporate partnerships, private classes, additional personal training and retail would be areas of significant revenue growth.

The corporate team is continuing to work on additional revenue opportunities.

Financing/Terms:

Cash at closing. A small percentage of seller financing might be considered at the appropriate purchase price.