Mayweather: $25,000 Fee To Join Our Gym Franchise! Target Is 500 Gyms Globally!

[Mr.Fantastic]

It's going to fail.

[MulaKO]

An insanely rich ultra famous stupid fool that has too much money to go broke .

What do you have on your resume to be so fkn shallow ?

Some of you have no idea of life, I can look at any famous boxer and say great job you earned every penny in the most demanding of sports.

Go do something with your life that when the day comes that you fall of the perch you can say you achieved something worthwhile in your time here.

Tit for tat
Can’t argue with that.
Whether I like the mofo or not

[Holler]

I think his brand is somewhat toxic and I'd not be rushing to take out a franchise

'Honey are you coming to help me choose our new gym membership?'

'Just a minute babe, I'm just reading up on how floyd Mayweather beat his girlfriend etc etc insert latest floyd beef / scandal'

[GhostofDempsey]

Another venture that will crumble.

[CHOWWOKKA]

😂😂

So many people here hope his business fails because he beat up your favorite fighter years ago..

Let it go 🤣🤣

[4truth]

I'd love to see a model of what these proposed gyms would look like and what they would offer...seriously I would.

[MulaKO]

😂😂

So many people here hope his business fails because he beat up your favorite fighter years ago..

Let it go 🤣🤣

Yup that’s it
Won’t sleep tonite

[Larry the boss]

Lol this stupid fool will be broke again with all his failed business attempts

It's going to fail.

Another venture that will crumble.

some people are just sad and hate anyone doing great in life

[_original_]

You could open up a basic boxing gym with a few grand (ring is the most expensive part and you could get insurance through USA Boxing, ect.) and some help/donations then build it up as you go. It wouldn't have the Mayweather brand attached to it of course but that could be hit or miss with people lol. Just depends how these gyms look and what they offer. Opening up a "real boxing gym" is pretty much throwing money down the drain if you're doing it for the purpose of actually training kids and building up amateurs. To make money you really have to go the boxercise route unfortunately.

[hectari]

http://www.espn.com/boxing/story/_/i...-gyms-us-world

Floyd Mayweather has never been shy about branching out into various businesses. His next venture? Franchising gyms.

The boxer, who finished his professional career at 50-0 with a knockout of Conor McGregor last August, announced this week how much he would charge for those interested in using his name and to license his training program, including the use of a virtual reality Mayweather training system.

"We hope to have 250 gyms in the U.S. and 250 gyms internationally in the next three to five years," Mayweather said from the flagship gym in Los Angeles that opened in late January.

The cost to build out the gyms are projected to be $70,000 for an existing gym structure and $200,000 from the ground up. New owners are also required to pay a one-time $25,000 franchise fee and to pay 6 percent of income in a royalty fee back to Mayweather.

The classes include boxing, speed and agility work, and virtual reality with Mayweather.

"This comes from me wanting to give back," Mayweather said. "I want to see people look good, and I've seen so many people go to gyms and not be happy with what they are doing."

Boxing fitness gyms have been on the rise lately, most notably Rumble, which has three establishments in New York City. Earlier this year, Rumble received an investment from gym franchise Equinox that valued the brand at $80 million.

"I always wanted to try this," Mayweather said. "I know this. You can't be successful at something if you don't try."

If he is able to pull it off that would be impressive.

The gym business is hard, because most people dont go to the gym they will sign up for the discount trial offer and never come back, does the UFC even have 200 locations and they been in the gym business for over five years.