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1844 Lansdowne Ave, Merrick, NY, 11566
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The Numbers

Breakdown of Investment

The iLoveKickboxing facilities are designed so when someone first walks into one, they have two reactions. The first: “Wow, I didn’t expect THIS!” They’re surprised at how clean, nice, and beautiful the spaces are. Many people imagine kickboxing studios how they’ve seen them in 80s movies… in dingy, poorly-lit caverns where paint is missing and the floors are all torn up.

When they see one of our gorgeous, state-of-the-art facilities, they’re happily shocked. The second reaction is, “I’ve just come home.” They’re hit with a wave of encouragement, positivity, and a feeling that they really can accomplish their goals. We’ve carefully designed our facilities to both create these reactions and to make them as cost-effective and efficient as possible for franchises.

Expenditure Type Amount Payment Method When Due To Whom Payment is to be Made
Initital franchise fee $49,999 Lump sum; non-refundable When you sign Franchise Agreement ILKB
Travel & living expenses while training $1,500 to $5,000 As incurred During Training Travel & Lodging Vendors
Real property $12,000 to $30,000 As incurred Before Opening Landlord & Contractors
Equipment, fixtures, other fixed assets, leasehold, improvements & decorating costs $40,000 to $180,000 Lump Sum Before opening Vendors
Architectural services & engineering $3,750 to $10,000 Lump Sum Before opening Designated or Approved Vendors
Signs $4,500 to $8,000 Lump sum Before opening Designated Vendors
Insurance $1,200 to $5,000 Lump sum Before opening Insurance Company
Legal Costs $2,500 to $4,500 As arranged Before opening Attorney
Initial inventory and supplies $5,000 to $14,000 Not applicable Not applicable Designated or Approved Vendors
Miscellaneous opening costs $1,500 to $4,000 As incurred Immediately before, during and just after opening Advertisers
Grand opening advertising expense $6,000 to $10,000 As incurred Immediately before, during and just after opening Advertisers
Heart Rate Monitor Initial Setup Fee $995 Lump sum Before opening Designated supplier
Heart Rate Monitor Device $1,000 to $4,000 Lump sum Before opening PFA
Additional funds - 1st 3 months $28,000 to $73,000 As incurred After opening Employees, suppliers, utilities, etc.
TOTAL $157,944 to $398,494