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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!