What upfront investment is required?
What Return On Investment (ROI) can I expect?
How quickly can I expect the return on my investment to begin?
How many employees do I need?
What type of facility do I need?
What type of technology (phone, fax, computer, internet) do I need?
How long has LA BOXING been in business?
How much training will I receive?
How much support will I receive after the initial training, and specifically, how does LA BOXING support my business?
What are the benefits of owning my own LA BOXING Franchise?
What are the key drivers of the business - the key skills needed?
What competition should I expect?
Will I receive a protected territory?
How do I generate income?
If this is such a great opportunity, why haven't I heard of you before?
Explain how this business survives - why it has "staying power"?
What will cause my LA BOXING Franchise business to grow quickly?
What dynamics are important to consider in determining if I'm in a good market?
How do I get started?
What upfront investment is required?
In addition to the $25,000 Franchise fee, there are the costs of setting up a basic gym. There are also costs related to travel to Costa Mesa, CA, for a 3-day training program. Please see Summary of Estimated Total Investment.
What Return On Investment (ROI) can I expect?
Because the actual upfront investment to open an LA BOXING gym is relatively low and totally dependant on the expectation and needs of the Franchisee, it is impossible to give you an accurate ROI. However, an immediate source of cash flow is created as new members are enrolled so a positive cash flow can be established quickly.
How quickly can I expect the return on my investment to begin?
As soon as you start selling in your market, you can begin to recover your initial investment by enrolling new members. In most cases, how well you follow the marketing plan provided by LA BOXING determines how quickly you achieve your desired ROI.
How many employees do I need?
You can start with as little as three people including yourself, a general manager/salesperson and an instructor. However, people who have the funds to hire additional people whose talents complement their own can grow faster.
What type of facility do I need?
You will need approximately 3,500 to 4,500 sq. ft. for the gym and office. You will need signage, phone (at least 2 lines plus a dedicated fax line), fax, PC compatible computer, and high-speed Internet access.
What type of technology (phone, fax, computer, internet) do I need?
You will need an IBM-compatible PC or Windows based PC. Your internet connection should be one of the various high speed options, DSL, cable or satellite. You need a phone system with at least two lines and a dedicated fax line, plain paper fax machine, and a photocopier.
How long has LA BOXING been in business?
LA BOXING Franchise Corporation executives have been operating LA BOXING gyms in Southern California since 1992. The franchise Company was started in February, 2004, to launch the LA BOXING Franchise opportunity.
How much training will I receive?
LA BOXING provides three days of initial training at the company's headquarters in Costa Mesa, CA. You will be taught the LA BOXING business system and marketing programs. Other training is available including periodic regional meetings and an annual National Franchisee Convention.
How much support will I receive after the initial training, and specifically, how does LA BOXING support my business?
LA BOXING provides you with the Web-based infrastructure to transact the billing and collections for servicing member accounts. The technology provides reports for your gym's activities as well as administrative functions. In addition, LA BOXING provides various Franchisee service departments to handle Franchisee questions and concerns. As a Franchisee you will have a team of support staff to assist you in operating your Franchise.
What are the benefits of owning my own LA BOXING Franchise business?
• Significant income potential
• Build assets and equity in your business (the equity belongs to you)
• Retain local control over day-to-day operations
• Operate using a recognized brand name
• Take part in regional marketing campaigns
• Join a network with thousands of members
• Proven systems and support
What are the key drivers of the business - the key skills needed?
As much fun and as exciting as the LA BOXING Franchise opportunity is, it is certainly not for everyone. Although you will not need to be involved on a full-time basis, you will need to be prepared to commit a part-time effort to this business, and you will be rewarded for your effort. The most successful LA BOXING gyms have been operated by energetic team leaders with some business and management experience. Your Franchise agreement requires you to hire LA BOXING-approved general managers and class instructors. Following the LA BOXING Franchise system is imperative to success.
What competition should I expect?
There are other established conventional health and fitness companies, but LA BOXING is the largest cardio boxing and kickboxing fitness chain in the country and offers more services and expertise than any other gym offering similar training. There is very little market penetration for the boxing method of health and fitness training and the interest and potential audience is growing faster than any other major sporting activity.
Will I receive a protected territory?
Yes, you will receive a protected territory. You will be assigned a protected territory based upon population density. Generally we will not place another franchise within at least 5 miles of the location of your LA BOXING Franchise, and your protected territory will have a population base of not less than 100,000 people.
How do I generate income? :: Your sales come from four sources:
• Bringing in New Members
• Providing Personal Training for Members
• Selling LA BOXING Equipment, Supplies, and Wearing Apparel
• Fight Night Events
• Fight Team Training
If this is such a great opportunity, why haven't I heard of you before?
Although we have operated LA BOXING gyms for 14 years, LA BOXING is just beginning to market the Franchise opportunity and we are experiencing substantial growth.
Explain why this business and the fitness industry will survive – why does it have the necessary “staying power"?
The best explanation is that LA BOXING was started over 14 years ago and currently has thousands of members. Our members have joined LA BOXING through good and bad financial times. Member loyalty and longevity verifies that our LA BOXING business has proven to be recession-resistant, and certainly not a fad.
What will cause my LA BOXING Franchise business to grow quickly?
Aggressive sales and marketing will build a positive, stable business with good quality members who renew their memberships. Also, following the proven systems provided by LA BOXING and only hiring LA BOXING-approved general managers and class instructors will expedite success.
What dynamics are important to consider in determining if I'm in a good market?
You need a population base of 100,000 people, middle income wage earners, and a mix of age groups is generally recommended.
How do I get started?
Complete the Online Request for Information Packet. When you have received your information packet, fill out the Franchise Application and return it to LA BOXING via fax (714) 668-9231. When we have received your Application, we will talk with you and send you a Uniform Franchise Offering Circular (UFOC) disclosure document to continue the franchising process.
