Fitness Carter

Friday, September 13, 2013

Fitness Club with a Punch - Fox Business

This transcript is automatically generated


NOW TO OUR SPECIAL SERIES "SMALL BUSINESS, BIG IDEAS." TODAY A FITNESS CLUB WITH A PUNCH.


OFFERING BOXING AND KICKBOXING GROUP WORKOUT CLASSES.


GONE FROM 80-500 CLUBS IN JUST ABOUT 18 MONTHS.


JOINING US TO EXPLAIN WHY IT IS A BIG HIT, JOHN, THAT IS THE END OF THE PUNCH.


MAYBE NOT.


SO WHY HAS THIS BECOME SO POPULAR? OBVIOUSLY DON'T SEE MANY FAT BOXES.


HOW DID YOU GET INTO THIS? >> PROBABLY A COUPLE OF THINGS.


BOXING IN GENERAL HAS BEEN AROUND FOR HUNDREDS OF YEARS.


FITNESS HAS STARTED TO GRAVITATE MORE TOWARD GROUP FITNESS AS OPPOSED TO THE ONE-ON-ONE.


GOING TO THE BIG BOX JIM'S AND BOXING HAS TAKEN A RESURGENCE OVER THE LAST COUPLE OF YEARS.


ASHLEY: AS A MEMBER, WHAT DO I GET? >> WE ARE THE NATIONS LARGEST.


WE'RE AT 500 CLUBS.


IT IS 100% FITNESS, THERE IS NO FIGHTING, SO SIGNATURE PRODUCT IS WHAT WE CALL A POWER HOUR.


THEY ARE GOING TO DO 15 MINUTES OF WARM-UP AND THEN 83 MINUTES ROUNDS OF TALKS AND HEAVY BAGS AND THE LAST 15 MINUTES IS THE CORE WITH THE USE OF MEDICINE BALLS.


TRAINER LEAD.


ASHLEY: WHY FRANCHISING? HOW MUCH DOES IT COST TO GET IN ON THIS BUSINESS? >> TOTAL BOXING HAS CHANGED SO MANY LIVES.


WHEN THE ORIGINAL FOUNDERS STARTED THE BUSINESS THEY WERE TOUCHED THE LIVES THEY WERE CHANGING SO THEY WANTED TO EXPAND IT NATIONWIDE.


FRANCHISING IS THE MOST PROVEN BUSINESS MODEL.


IT IS REALLY A RANGE OF 187,000 TO ABOUT 364,000.


ASHLEY: DO YOU PROVIDE THE BUILDING IN WHICH, THE GYM ITSELF, OR DO THEY HAVE TO DO THAT? >> EVERYTHING YOU NEED IN THE CLUB, THE TRAINING.


ASHLEY: HOW MUCH IS A MEMBERSHIP? >> WE HAVE OUR TITLE CARD, AN ANNUAL MEMBERSHIP, AND THAT STARTS OUT $59 PER MONTH, UNLIMITED CLASSES AND PASSPORT PRIVILEGES TO USE ANY CLUB IN AMERICA.


OR IF YOU WANT YOUR LOCAL HOMETOWN CLUB, THAT STARTS AT $79 PER MONTH.


ASHLEY: HOW MANY EMPLOYEES DO YOU HAVE? >> NATIONWIDE 1300 EMPLOYEES AND GROWING.


TODAY WE AWARDED FOR MORE FRANCHISES, SO 1300 FRANCHISES, EVERY CLUB WILL EMPLOY ABOUT 10 PEOPLE TO GET STARTED.


ASHLEY: DO YOU PROVIDE THE GLOVES? >> WE PROVIDE THE GLOVES.


WE HAVE TITLE BOXING AS A PARTNER.


THEY ARE THE NATIONS WORLD'S LARGEST BOXING APPAREL COMPANY.


ASHLEY: IF NOTHING ELSE YOU CAN GET A LOT OF AGGRESSION OUT.


>> IT REALLY EMPOWERS PEOPLE.


ASHLEY: CONGRATULATIONS TO YOU, THE TIMING FOR THIS IS PERFECT, A LOT OF PEOPLE GETTING INTO THIS AND WE WISH YOU CONTINUED SUCCESS.


BOXING CLUB PRESIDENT.


HOW ABOUT THAT.


ASHLEY: WOULD YOU DO IT? TRACY: I WOULD TOTALLY DO IT BECAUSE I AM CHOCK-FULL OF


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