- Franchise 500 Rank
N/R Not ranked last year
- Initial investment
$220K - $573K
- Units as of 2023
19 72.7% over 3 years
Legends Boxing was founded by brothers Andrew and Rob Scott. The two had a passion for boxing from an early age. In 2013, they founded Legends Boxing to provide a safe, inclusive gym. A Legends Boxing franchise is expected to provide a place to learn and grow as a community in a fun and challenging environment that is an alternative to a traditional gym.
With a thriving business, Legends Boxing ultimately decided to begin franchising in 2017. There are several Legends Boxing locations across the United States.
Legends Boxing prides itself on teaching real boxing techniques in step-by-step classes. They have a passion for fitness and boxing.
Why You May Want to Start a Legends Boxing Franchise
An ideal franchisee should fit the Legends Boxing core values: "REAL USA Boxing technique. BELONG to a family. Achieve the RESULTS you want." Their business model could be straightforward to follow. It is in place to help each franchise location focus on growth. Legends Boxing may provide new franchisees with a great deal of support. This may include ongoing training and support, a real estate team, and more.
Another key feature Legends Boxing offers new franchisees is a membership marketing plan. This multi-round process could help franchisees form and maintain a solid customer base. Legends Boxing can also support new franchisees in hiring and training coaches for their gym.
Franchisees should have exceptional customer service skills and be willing to lead a winning team.
What Might Make a Legends Boxing Franchise a Good Choice?
The support offered by Legends Boxing may set them apart from their peers. They may provide step-by-step support through location scouting, real estate, and grand opening, then continue to offer support going forward. Other perks could include a growing industry, marketability, and core values. According to their website, "at Legends, we offer a safe place, free from judgment and intimidation."
As you decide if opening a Legends Boxing franchise is the right move for you, make sure you take time to explore the opportunity. Research the brand and your local area to see if a Legends Boxing franchise would do well in your community. While competition is healthy, too much of it may not allow for the most possible growth.
How To Open a Legends Boxing Franchise
To be part of the Legends Boxing team, you should make sure you're financially fit 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 also need to meet the company's set net worth and liquid capital requirements.
Before making any financial commitment or signing an agreement, you must 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 Legends Boxing franchising team questions.
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 Legends Boxing franchise.
About Legends Boxing
|2017 (7 years)
|# of employees at HQ
This company is offering new franchises throughout the US.
|# of Units
|19 (as of 2023)
Information for Franchisees
Here's what you need to know if you're interested in opening a Legends 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
|$220,306 - $573,439
Net Worth Requirement
|10% off first-unit franchise fee
Ad Royalty Fee
Term of Agreement
|Is franchise term renewable?
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
|Third Party Financing
|Legends Boxing has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
Meetings & Conventions
Security & Safety Procedures
Franchisee Intranet Platform
Additional details about running this franchise.
|Is absentee ownership allowed?
Can this franchise be run from home/mobile unit?
Can this franchise be run part time?
Are exclusive territories available?
Are you eager to see what else is out there? Browse franchises that are similar to Legends Boxing.
- Equipment, apparel, fundraising, and performance solutions for youth, high school, and college athletic teams
Related Franchise Content
Catch up on the latest franchise news, trends, and more.
The global initiative offers a suite of tools for business travel booking and management, coupled with Hilton Honors benefits for SME's and their employees worldwide.
Explore how franchisors can effectively use video marketing to connect with both business partners and customers and why many are missing out on this opportunity.
Wendy's Ushers in New Leadership as The Strategy to Propel The Fast Food Giant Into Its Next Growth Phase Continues
Learn about the strategic vision behind appointing a seasoned industry leader to steer Wendy's toward future growth in the highly competitive fast-food industry.
Burger King Is Upping its Rebrand Strategy With a $1 Billion Acquisition. These Franchise Resets Could Tell Us About the Fast Food Giant's Chances of Succeeding.
Discover the details behind RBI's strategic acquisition of Carrols Restaurant Group, a move that represents a significant step in a broader campaign to rejuvenate the Burger King brand, and compare it to past major franchise rebrands.
Perfect market timing is difficult to pull off, but excellent preparation and building a valuable business in the first place is much more under your control.
This move marks a significant step for Inspire Brands, which has previously focused on domestic growth and acquisitions within the U.S.