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- 2022 Franchise 500 Rank
N/R Not ranked last year
- Initial investment
$196K - $337K
- Units as of 2022
14 26.3% over 3 years
Here’s what you need to know if you’re interested in opening a Jabz Boxing franchise.
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.
About Jabz Boxing
- Franchising Since
- 2014 (8 years)
- # of employees at HQ
- # 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
Definition: The initial fee paid to a franchisor to join their system
What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor. This fee is usually due at the signing of the franchise agreement and covers the right to use the franchisor's trademarks, name, and related business systems.
- Initial Investment
- $196,300 - $337,400
Definition: The total amount necessary to begin operation of the franchise
What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital. This is outlined in a chart in Item 7 of the FDD, showing a range of possible costs from low to high.
- Net Worth Requirement
Definition: The minimum net worth you must have in order to qualify to become a franchisee of this company
What you need to know: Net worth is the value of a person's assets minus liabilities. Assets include cash, stocks, retirement accounts, and real estate. Liabilities include items like mortgages, car payments, and credit card debt.
- Cash Requirement
Definition: The minimum liquid capital you must have available in order to qualify to become a franchisee of this company.
- Royalty Fee
Definition: A ongoing fee paid to the franchisor on a regular basis.
What you need to know: Most franchisors require franchisees to pay an ongoing royalty fee, which is detailed in Item 6 of the FDD. This fee is typically a percentage of weekly or monthly gross sales, but may also be a flat weekly, monthly, or annual fee.
- Ad Royalty Fee
Definition: An going fee paid to the franchisor on a regular basis to support advertising or marketing efforts.
What you need to know: This may also be called advertising fee, marketing fee, brand fund fee, and more, but the basic purpose is the same-- to support promotion of the brand systemwide. As with the royalty fee, it is detailed in Item 6 of the FDD, and can be a percentage of weekly or monthly gross sales or a weekly, monthly, or annual fee.
- Term of Agreement
- 10 years
Definition: The length of time your franchise agreement will last.
What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease. Once your term is up, you may have the option to renew your agreement, typically for a smaller fee than the original franchise fee.
- Is franchise term renewable?
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
- Additional Training
- As needed
- Ongoing Support
Meetings & ConventionsGrand OpeningOnline SupportSecurity & Safety ProceduresLease NegotiationField OperationsSite SelectionProprietary SoftwareFranchisee Intranet Platform
- Marketing Support
Co-op AdvertisingAd TemplatesNational MediaRegional AdvertisingSocial MediaWebsite DevelopmentEmail MarketingLoyalty Program/App
Additional details about running this franchise.
- Is absentee ownership allowed?
Definition: Absentee ownership means that the franchisee does not actively work in the franchise business or manage day-to-day operations.
- Can this franchise be run from home/mobile unit?
Definition: The business can be run from your home and/or a vehicle, and it is not necessary to have a retail facility, office space, or warehouse.
- Can this franchise be run part time?
Definition: This business can be run by the owner on a part-time basis (less than 40 hours per week) and/or as a side business; it is not necessary for the business to be open/run full-time.
- # of employees required to run
- Are exclusive territories available?
Definition: An exclusive territory is a fixed area in which you are given the right to operate and in which no other units of the same franchise may be opened.
What you need to know: Territory size may be based on factors such as radius, population size, zip codes, and more. Details can be found in Item 12 of the FDD.
Work with a free franchise expert and get what you need to start a Jabz Boxing franchise.
Are you eager to see what else is out there? Browse more franchises that are similar to Jabz Boxing.
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