Floyd Mayweather Jr. encouraged franchise owners of his fitness studios at an event in Las Vegas by offering personal assistance to ensure their success. Owners like David Weis, who invested heavily in establishing multiple studios, felt empowered by Mayweather's promises. However, despite initial enthusiasm, numerous Mayweather Boxing and Fitness locations have closed, resulting in significant financial losses for franchisees, demonstrating the challenges of sustaining such ventures amidst overestimations of growth and support.
Weis has lost his entire investment as his Mayweather boxing studios have shuttered, despite initial confidence spurred by Floyd Mayweather's promises of support.
The remarks from undefeated fighter Floyd Mayweather roused franchisees at a Las Vegas event, offering them assurance in the potential of their investments.
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