
Jabz Boxing
Boxing fitness studios- 2023 Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$196K - $337K
- Units as of 2022
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14 26% over 3 years
In 2012, Len Hayko Jr. and Kimberlee White decided to start a company. They wanted to create a boxing studio specifically customized to female clients. Len and Kimberlee were not fitness or health gurus. However, they knew that a good fitness studio geared towards women needs great workouts, awesome instructors, killer music, and a great environment.
Len and Kimberlee opened their first Jabz Boxing studio in Scottsdale, Arizona, in 2012. In 2014, the duo started franchising the company with the help of other fitness enthusiasts. It has since opened over one dozen franchises in the United States.
Why You May Want To Start a Jabz Boxing Franchise
Jabz Boxing is looking for franchisees from different backgrounds. Franchisees do not need to have experience in the fitness industry to apply for a Jabz Boxing franchise. Generally, Jabz Boxing franchisees should have a passion for helping others achieve their fitness goals.
Potential Jabz Boxing franchisees should be personable and have proven leadership and organizational skills. Franchisees with Jabz Boxing may be interacting with clients and employees every day. Therefore, it is important that clients and customers feel comfortable in the Jabz Boxing studio and franchisees can comfortably work with people.
Opening a Jabz Boxing franchise could offer a more predictable outcome than investing in a completely new brand that may struggle to thrive in an already crowded and competitive industry.
What Might Make a Jabz Boxing Franchise a Good Choice?
Jabz Boxing is a boxing gym dedicated to women and their fitness needs. Jabz Boxing may fill an underserved niche in the fitness market between these two features. Classes are conducted in a group setting, guided by a certified coach. The coach can modify the workouts depending on the client's fitness level. The coach will also demonstrate each exercise and make sure clients perform them correctly.
To be part of the Jabz Boxing team, you should make sure you're financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for ongoing fees that will include advertising, royalty, and potential renewal fees. Franchisees will need to meet the company's set net worth and liquid capital requirements.
How to Open a Jabz Boxing Franchise
Before making any financial commitment or signing an agreement with Jabz Boxing, it is crucial that you perform your due diligence and establish if this is the right opportunity for you. As part of your due diligence, you may want to speak to existing franchisees and ask the Jabz Boxing franchising team questions.
If awarded a franchise, franchisees receive a great deal of support from the Jabz Boxing brand throughout the franchising process. In addition to pre-opening training, Jabz Boxing franchisees may receive support through brand awareness, marketing, research, and construction. Jabz Boxing franchisees typically receive hands-on training and continued support after opening their franchise location.
It may be a good idea to speak with an attorney or financial advisor to ensure that you have the necessary financial resources to own and operate a Jabz Boxing franchise.
Company Overview
About Jabz Boxing
Industry | Health & Wellness |
---|---|
Related Categories | Boxing/Kickboxing Fitness, Fitness |
Founded | 2012 |
Parent Company | Jabz Holdings LLC |
Leadership | Bertus Albertse, Brand President |
Corporate Address |
15020 N. Hayden Rd., #201 Scottsdale, AZ 85260 |
Social | Facebook, LinkedIn, Instagram |
Business Overview
Franchising Since | 2014 (9 years) |
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# of employees at HQ | 4 |
# of Units | 14 (as of 2022) |
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Jabz Boxing franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
Initial Franchise Fee
|
$35,000 |
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Initial Investment
|
$196,300 - $337,400 |
Net Worth Requirement
|
$250,000 |
Cash Requirement
|
$70,000 |
Royalty Fee
|
6% |
Ad Royalty Fee
|
1.5% |
Term of Agreement
|
10 years |
Is franchise term renewable? | Yes |
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
On-The-Job Training | 17 hours |
---|---|
Classroom Training | 23 hours |
Ongoing Support |
Meetings & Conventions
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
|
Marketing Support |
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social Media
Website Development
Email Marketing
Loyalty Program/App
|
Operations
Additional details about running this franchise.
Is absentee ownership allowed? | Yes |
---|---|
Can this franchise be run from home/mobile unit?
|
No |
Can this franchise be run part time?
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No |
# of employees required to run | 4 |
Are exclusive territories available?
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Yes |
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