TITLE Boxing Club Signs Master Franchise License in Mexico
TITLE Boxing Club announced the recent signing of a master franchise agreement in Mexico.
In January 2014, the franchise opened its first international club in Cancun, Mexico. TITLE Boxing Club has named local franchise owners Erika Garcia, Patrick Muldowny and Gustavo Miranda as the newest master franchisors for the country. The Cancun club generated the highest first month revenue in the brand’s history.
“When this set of entrepreneurs joined the TITLE Boxing Club family earlier this year, we knew we had an incredibly strong group on our hands,” said John Rotche, the president of TITLE Boxing Club. “That being said, they have not only met but have exceeded our expectations. They have proven that they have the ability to be ultra-successful franchisees, and now have been given the opportunity to help us expand our international presence and take TITLE Boxing Club to the next level.”
With this recent announcement, the company hopes to add 50 Mexican locations in the next five years. Expansion plans for the country include the areas of Mexico City, Monterrey, Guadalajara and others.
Currently, TITLE Boxing Club has 140 locations in operation domestically.
In an effort to assist in their international expansion, TITLE Boxing Club has enlisted the help of Edwards Global Services (EGS), a company that specializes in working with franchise systems that wish to go global through licensing, direct investments, joint ventures and distribution methods. EGS assisted TITLE Boxing Club in this sale and is the company’s exclusive international representative.
In addition to the Mexican expansion, the brand has plans to open international locations in Canada, Columbia, Peru, Chile, Spain, Mexico City, Dubai and Asia.