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Boxing Club Do’s and Don’ts

By Franchise

So, you’ve decided to open up your own boxing club, or even better, become a Spartan Boxing Club Franchisee. Congratulations, you’ve made the first step towards spreading the joy of boxing throughout your community!

However, as mentioned, deciding to open a boxing club is just the first step of many… In other words, while it’s great to have the passion and drive to pursue such a business, it doesn’t guarantee success.

In fact, there are several things to consider in order to ensure that your boxing club has the greatest chance of success and longevity. To help you along, we’ve compiled a list of boxing club do’s and don’ts so that you can ensure that you not only avoid the most common mistakes but you make the right decisions in the process.

So, if you’re an existing boxing gym owner or if you’re an aspiring franchisee, this article is for you! The following are the dos and don’ts of running a successful boxing club…

Boxing Club Do’s

While it’s important to avoid the most common mistakes that many gym owners make when first getting into business, it’s just as important to execute effectively what needs to be properly executed…

Create a Business Plan for a successful boxing club

When boxing club owners first think of getting into the business, it’s easy to get consumed with all of the fun things that come with owning a fitness facility. While these things are also important, they mean nothing if you don’t first take the time to properly set up your gym for success.

In other words, what location are you planning to open up in? what are the overhead costs, expenses, and expected monthly revenues? How many coaches do you need to hire and at what rate? What are the membership costs going to be? 

Once you’ve identified an effective opening strategy that comprises a detailed business model focused on retention, longevity, and profitability, then you can spend your time on the fun stuff.

Invest in Quality Equipment in your boxing club

Once you’ve devised a strategy that will set your business up for success, it’s now time to think about the facility itself. 

In other words, what equipment is needed? How much equipment is needed? Where can the equipment be placed in order to optimize the space? These questions and more need to be considered when creating an atmosphere that members desire…

Curate an Atmosphere That Member Want to be A Part Of

Not only to attract new members but to retain existing ones, it’s imperative to create an atmosphere that’s both motivating, inspiring, and welcoming. After all, while members come for the workout, they stay for the atmosphere and community built around it. 

Clubs that fail to prioritize the atmosphere of the facility tend to fail in the long term. Contrastingly, those that do it right tend to build a lasting community that long outlives its original owners…

Boxing Club Don’ts

Setting up your business for success is one thing, but avoiding the most common mistakes is an entirely different task worth investigating further. Unfortunately, too often, boxing club owners continue to make the same mistakes over and over again.

Don’t let this be you. Below are some of the biggest boxing club DON’TS…

Failing to Follow a Budget

As mentioned in the boxing club DOs, it’s imperative to first set your business up for success via a detailed business plan before jumping right into business. In other words, once you purchase the location, the property, and the equipment, you’re stuck with it for the life of the contract.

Instead, be calculated in where you choose to locate, what you choose to purchase, and when you choose to sign the dotted line… Better yet, create a budget and stick to it! Failing to do so is a fast track to failure, or worse, not even reaching opening day! 

Hiring the Cheapest Labor

Boxing clubs that seek out the most affordable staffing and coaches tend to fail the fastest. Why? Because the cheapest labor is often correlated with the lowest quality of service and expertise…

If you’re trying to pinch pennies, your members will notice it immediately, opting to seek out a higher quality club to sign up for instead. So, invest in the people and seek to save elsewhere; it will pay off in the long run and your members will stick around! 

Failing to Create a Community

As mentioned earlier, while most members come for the workout, they stay for the atmosphere and corresponding community; especially when it comes to boxing clubs, the community aspect is massively important.

In order to build a community, you need to first create an atmosphere that people want to be a part of. You then need to hire the right people to run the business and coach the members. Finally, you need to maintain, build, and nurture relationships for the lifetime of the club’s existence.

If you do that, you’ll inevitably reap the rewards…

Want to Become a Spartans Boxing Club Franchisee?

Is boxing your passion? Are you looking for ways to make a lasting impact on individuals’ lives and on the sport as a whole? Do you have a savvy business sense? Owning a Spartans Boxing Franchise might be for you! 

With a proven business model that has returned incredible profits year-over-year for our franchisees, and offering all that you need to succeed in the operation of your franchise, there’s no better opportunity than the one here at Spartans Boxing Clubs.

If you’re interested in becoming a Spartans franchise owner or you simply want to learn more about the business and its offerings, be sure to contact us at franchise@spartansboxing.com. We look forward to hearing from you! 

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From Boxing Coach to Boxing Gym Franchise Owner

By Franchise

If you’re an existing boxing coach eager to take your career to the next level, you’ve likely considered diving into the boxing gym franchise business. Concerned whether or not this is a suitable fit for your resume, you might hesitate to pursue the opportunity, reluctant that leaving your career as a coach might not be the safest, most practical next step…

However, what if we told you that transitioning from a successful boxing coach to a boxing gym franchise owner is the most natural next step that you could make?!

While some boxing coaches might be satisfied with continuing with their coaching career, getting enough joy out of serving their existing customer base, others might feel the need to make a greater impact on a larger scale.

If this sounds like you, transitioning from coach to franchise owner might just be exactly what you’re looking for!

Coach to Boxing Gym Franchise Owner; The Perfect Transition

Transitioning from one career to another is always a stressful and uncertain time in someone’s life. This is because of the lack of guarantee that the next career path will work out…

Take professional athletes, for example. When most of them are finished with their competitive career, they seek to pursue other business-related avenues such as opening up a gym or becoming a coach.

While this certainly works out for some, there are several stories of failure, but why? While there are several potential reasons for failure to transition from one career to the next, it’s likely, in part, a result of it being a poor fit. In other words, just because someone is an incredible athlete doesn’t always mean they’ll be just as good of a coach.

On the contrary, if you’ve already proven yourself as a successful coach, compiling a sizeable clientele that only seems to continue growing, there are characteristics involved in doing so that translate naturally to other related careers. On such transition is the ‘coach to franchise owner’ career shift…

Again, while it might not always be a suitable fit, in most circumstances, it is. In what follows, we seek to explain why…

Five (5) Reasons Why Becoming a Boxing Gym Franchise Owner is a Natural Step from Being a Boxing Coach:

  • You Have a Passion for boxing
  • You’re an Ambassador for the Sport of boxing
  • You Developed a Business-Sense as a boxing Coach
  • You Understand Sales and Promotion
  • You Have an Existing and Growing Customer Base

You Have a Passion for Boxing

In order to remain interested and eager to grow and operate a business, let alone a franchise, you need to first have a passion for what you’re doing; otherwise, where does the drive and ambition come from?

When running a boxing franchise, in particular, a business mind isn’t enough. Instead, a coupling of business and passion is what’s required for long-term success.

You’re an Ambassador for the Sport of boxing

When applying to become a franchisee of a boxing club or any type of fitness facility or franchise for that matter, there is going to be a vetting process to see whether or not you’re a good fit for the role.
As a former boxing coach, you’ll likely be perceived as the perfect fit, not only because you have a passion for the sport but because of your learned business skills as a coach.

You Developed a Business-Sense as a Coach

Speaking of, being a boxing coach doesn’t just require an intimate understanding of the sport and its demands. Instead, it involves interpersonal skills, time management skills, people skills, and marketing skills in order to successfully grow your clientele and reputation, thus your business.

These learned skills as a business coach will have an incredible carryover effect as a boxing gym franchise owner , making it an all but inevitable and natural next step.

You Understand Sales and Promotion

One of the most important skills that you’ve learned as a boxing coach is a necessity for promotion; i.e. how you’ve built your portfolio of clientele. While some may perceive the ability to attract clientele as a coach to be related to your depth of knowledge of the sport, what it truly comes down to is your ability to promote and sell yourself.

As suggested in the prior point, the ability to sell, market, and promote will have a tremendous carryover effect as a boxing gym franchise owner.

You Have an Existing and Growing Customer Base

Last but certainly not least, you wouldn’t have been able to sustain a career as a boxing coach without having an existing sizeable customer base. When being vetted as a potential franchisee by the franchisor, having an existing and potentially growing customer base will be music to their ears.

At the end of the day, running a franchise is a business. The more clientele that you have the ability to attract, the more marginal profits that you and the franchise will take home; it’s a win-win situation for all parties.

Become a Boxing Gym Franchise Owner Today!

If you’ve been convinced and you’re eager to take your career to the next level, we here at Spartans Boxing Club can’t wait to hear from you! We’re actively seeking the best and brightest in the industry, eager to find the most suitable franchisees for the job.

Just like yourself as a boxing coach, we here at Spartans Boxing Club are passionate about spreading the joys of boxing and all that it has to offer to as many people as possible. That’s where franchises come into play…

As a Spartans Boxing Franchise Owner, you’ll be able to continue pursuing your passion for boxing whilst helping more people than you ever thought possible in your coaching career…

With a proven business model and offering guidance every step of the way to ensure success, there’s no better opportunity than here with us at Spartans Boxing Club. To learn more about how you can get involved, don’t hesitate to contact us at franchise@SpartansBoxing.com. We look forward to hearing from you!

boxing-franchises

Boxing Franchises: Are They Profitable?

By Franchise

Are you interested in investing in boxing franchises or eager to invest as a franchisee? However,  you’re unsure of the business model’s profitability? Maybe you have a passion for the sport and you’re curious as to how to turn that passion into a career.

If this sounds like you, you’ve come to the right spot!

Boxing gyms across the globe have shown tremendous amounts of promise, especially in recent years; it’s why there seems to always be a new franchise opening up on every street corner! 

From the outside looking in, it’s safe to presume that it’s a profitable endeavour. Upon taking a closer look, however, a boxing franchise’s profitability, much like any other fitness facility’s profitability, is highly dependent on a myriad of factors. 

These factors include perceived value, actual value, location, ownership, associated costs, franchising model, and more… With that being said, assuming that the boxing franchise in question operates like a well-oiled machine, boxing franchises, in general, can be quite profitable.

In what follows, we’ll be discussing the five main types of franchises and what type boxing franchises fall under, as well as popular boxing franchise brands. Finally, we’ll share some broad insight into what you can expect financially as a boxing franchisee. 

Types of Franchises

As mentioned above, there are five primary types of franchising models that encompass an entire host of industries and investment strategies. Before getting involved in a boxing franchise, it’s important to understand what type of franchising model it falls under and what that model entails. 

The five (5) types of franchises are as follows: 

  • Job Franchise
  • Distribution Franchise
  • Business Format Franchise
  • Investment Franchise
  • Conversion Franchise

Boxing franchises, much like other fitness-based franchises, restaurants, and retail businesses, fall under the Business Format Franchise. This, as suggested, is the most common type of business franchising model, arguably because it’s also the most profitable. 

This type of franchise operates in such a way whereby the franchisee runs the business under the parent company’s brand, being provided with a roadmap on how to market and manage the business from start to finish. 

Because of the involvement of the franchisor and the proven recipes for success being passed on to the franchisees, boxing franchises that operate under the business format tend to be very successful and profitable.

Some of the most popular boxing franchise brands that operate under the business format model include LA Boxing, TITLE Boxing Club, Mayweather Boxing + Fitness, Legends Boxing, and of course, Spartans Boxing Club! 

What to Expect as a Franchisee 

When deciding whether or not to embark on your boxing franchisee journey, there are several things to consider prior to making the commitment. While the ongoing assistance on behalf of the franchisor is likely to lead to profits, none of it matters if you can’t afford the upfront fees. 

These franchise fees include but are certainly not limited to the initial franchise fee, training fee, lease and building fees, security deposits, and of course, the available liquid capital and net worth of the potential franchisee.

In other words, if you don’t have the required capital available upfront, the franchisor will not move forth with your application (most franchisors require a minimum net worth and capital investment)…

Assuming that you do meet the minimum financial requirements of a franchisee, below are some averaged-out fees for each of the above that you can expect to pay before making a dollar running the business.

  • Available Upfront Capital: $100,000
  • Initial Franchise Fee: $50,000
  • Training Fee: $5,000

Again, while this differs depending on the boxing franchise in question, you can expect a $150,000 investment on the low end to $500,000 on the high end.

Once you’ve cleared the onboarding stages of becoming a franchisee and you’re now in the swing (no pun intended) of running the business, you might be wondering what you can expect to clear in revenues and profits an on annual basis. 

At the risk of sounding redundant, this can be hard to predict, as it varies from brand to brand. With that said, a franchise owner of a large boxing franchise can gross upwards of $250,000 annually, while a franchise owner of a smaller boutique boxing franchise may only take home a salary of $50,000 per year. In comparison to standard big box gym franchises, these numbers are relatively comparable, though boxing gyms tend to have much lower overhead.

In any case, boxing franchises are a lucrative business if the business itself is run properly…

Own Your Own Spartans Boxing Franchise!

If boxing is your passion and you’re looking for ways to make it into a lasting career, owning a boxing franchise might be the career path for you… Here at Spartans Boxing Club, we can help! 

With a proven business model that has returned incredible profits year-over-year for our franchisees, and offering all that you need to succeed in the operation of your franchise, there’s no better opportunity than the one here at Spartans Boxing Clubs.

If you’re interested in becoming a Spartans franchise owner or you simply want to learn more about the business and its offerings, be sure to contact us at franchise@SpartansBoxing.com. We look forward to hearing from you!