Risk Score
Pending analysis
Investment Range
$161,150 - $265,800
Franchise Fee
$30,000
Total US Locations
3
Business Summary
The Sweet Science Boxing Fitness operates fitness centers that provide boxing and fitness related programs. The system uses specific equipment and offers guided instruction for all skill levels through a proprietary method of instruction. These centers also sell retail products related to boxing and fitness.
Corporate History
Hook Off Jab, LLC, doing business as The Sweet Science Boxing Fitness, was formed as a Florida limited liability company on May 9, 2024. The company began offering The Sweet Science Boxing Fitness franchises in June 2024. The Sweet Science Boxing Fitness itself does not operate any centers. However, its affiliates, The Sweet Science Boxing LLC (formed in 2018) and The Sweet Science Boxing & Fitness, Estero LLC (formed in 2023), own and operate three The Sweet Science Boxing Fitness centers in Florida. These affiliate-owned centers serve as the model for the franchise system.
Financial Overview
Investment Range
$161,150 - $265,800
Franchise Fee (Low)
$30,000
Franchise Fee (High)
$35,000
Royalty %
6%
Marketing %
2%
Equipment Costs (Low)
$50,000
Equipment Costs (High)
$115,000
Working Capital
$21,000
Audited Financials
No
Offers Financing
No
Financial Health Notes
The Sweet Science Boxing Fitness's balance sheet as of May 31, 2024, shows $50,000 in cash and no liabilities. The franchisor is at an early stage of development with a limited operating history, which may present a riskier investment than a franchise in a system with a longer track record.
Financing Details
The Sweet Science Boxing Fitness does not offer any direct or indirect financing for amounts due under the Franchise Agreement or Development Agreement. It also does not guarantee any franchisee notes, leases, or other obligations.
Performance Metrics
Total US Locations
3
Franchised Units
0
Corporate Units
3
Avg Square Footage
2,000
Franchising Since
2024
Legal & Compliance Analysis
Recent Litigation
No
Bankruptcy
No
Litigation Summary
The Sweet Science Boxing Fitness has no litigation history to report.
Bankruptcy History
The Sweet Science Boxing Fitness has no bankruptcy information to disclose.
Agreement Terms
Initial Term
10 years
Renewal Term
10 years
Renewal Conditions
To renew, The Sweet Science Boxing Fitness franchisees must sign the franchisor's then-current franchise agreement, which may have different terms from their original contract. Franchisees must also maintain possession of an approved location or secure an alternative one, remodel their center to meet current brand standards, and have substantially complied with their franchise agreement throughout its term. Additionally, franchisees must be in compliance with all agreements with the franchisor, pay a $10,000 renewal fee, and provide notice of their desire to renew between 90 and 180 days before the initial term expires. A general release must also be signed.
Training & Support Program
Franchisor Assistance
The Sweet Science Boxing Fitness provides several forms of assistance to its franchisees. Before opening, the franchisor offers site selection guidelines, contacts for approved real estate suppliers, and approval for the proposed location. Franchisees receive a confidential operations manual and specifications for the center's layout, design, equipment, furnishings, and signs. The franchisor also licenses the use of its trademarks and provides consultation for the pre-sales phase and the opening marketing program. For training, The Sweet Science Boxing Fitness provides an initial training program for the franchisee or operating principal, typically lasting 2 to 3 business days at their corporate headquarters or a designated facility. All instructors must complete the Authorized Instructor Training. On an ongoing basis, the franchisor may specify or approve equipment and suppliers, provide additional training (some required, some on request for a fee), offer continuing advisory assistance, and administer the marketing fund. The franchisor may also set fixed maximum or minimum prices for products and services.
Initial Training Hours
61.5
Training Location
Naples, FL or as we otherwise specify
Ongoing Support
The Sweet Science Boxing Fitness provides ongoing support through various means. It specifies and approves equipment and suppliers, offers continuing advisory assistance and information for center development and operation, and administers the marketing fund. The franchisor may also require franchisees and their management personnel to attend up to five days of additional training each year at a designated facility, for which no training fee will be charged. Franchisees can also request additional or refresher training, for which a training fee may apply. All instructors hired over time must complete the Authorized Instructor Training before providing approved services.
Franchise Requirements
Ideal Candidate Profile
The Sweet Science Boxing Fitness recommends that its franchisees or their appointed operating principals personally supervise the center, though they may appoint a Designated Manager for daily operations. If the franchisee is a legal entity, owners with a 10% or greater interest, and their spouses, must sign a guarantee. While no specific prior experience is stated as a requirement, the franchisor notes that management skill, experience, and business acumen will influence a franchisee's costs.
Industry Experience Required
No
Management Experience Required
No
Sales Experience Required
No
Technical Skills Required
No
Operational Details
Location Type
Retail
Owner Participation
Supervisory
Territory Type
Protected
Territory Size Requirements
The Sweet Science Boxing Fitness defines its Designated Territories based on factors such as location and demographics around each center. Boundaries may be described using zip codes, streets, landmarks, or county lines. The franchisor may also base the territory on population using territory mapping software or publicly available data from sources like the U.S. Census Bureau. The size can vary between franchisees.
Staffing Notes
The Sweet Science Boxing Fitness requires that each center be managed by at least one individual who has completed the Owner/Operator Module of its Initial Training Program, who can either be the franchisee's Operating Principal or an approved Designated Manager. Additionally, the center must always have at least one Authorized Instructor present to provide boxing instruction and other approved services. All instructors must complete the franchisor's proprietary Authorized Instructor Training.