Start-Up Costs and Fees |
||
| Nexgym | AZ Air Time | |
| Investment | 213000 - 397000 | 100000 - 999999 |
| Franchise Fee | ||
| Royalty Fee | 6% | |
| Advertising Fee | ||
| Year Founded | 2005 | 0 |
| Year Franchised | 2006 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Nexgym | AZ Air Time | |
| Experience | ||
Financing Options |
||
| Nexgym | AZ Air Time | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | ||
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Nexgym | AZ Air Time | |
| Training | * Available at headquarters: 2 weeks * At franchisee's location: 1 week | |
| Support | ||
| Marketing | ||
| Operations | * 0% of all franchisees own more than one unit * Number of employees needed to run franchised unit: 10 * Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Nexgym | AZ Air Time | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Nexgym | |
| AZ Air Time | |
| Franchise Fee | |
| Nexgym | |
| AZ Air Time | |
| Royalty Fee | |
| Nexgym | 6% |
| AZ Air Time | |
| Advertising Fee | |
| Nexgym | |
| AZ Air Time | |
| Year Founded | |
| Nexgym | 2005 |
| AZ Air Time | 0 |
| Year Franchised | |
| Nexgym | 2006 |
| AZ Air Time | 0 |
| Term Of Agreement | |
| Nexgym | 10 years |
| AZ Air Time | |
| Renewal Fee | |
| Nexgym | 25% of franchise fee |
| AZ Air Time | |
Business Experience Requirements |
|
| Experience | |
| Nexgym | |
| AZ Air Time | |
Financing Options |
|
| Franchise Fees | |
| Nexgym | No |
| AZ Air Time | No |
| Start-up Costs | |
| Nexgym | |
| AZ Air Time | |
| Equipment | |
| Nexgym} | |
| AZ Air Time | |
| Inventory | |
| Nexgym | |
| AZ Air Time | |
| Receivables | |
| Nexgym | |
| AZ Air Time | |
| Payroll | |
| Nexgym | |
| AZ Air Time | |
Training & Support |
|
| Training | |
| Nexgym | * Available at headquarters: 2 weeks * At franchisee's location: 1 week |
| AZ Air Time | |
| Support | |
| Nexgym | |
| AZ Air Time | |
| Marketing | |
| Nexgym | |
| AZ Air Time | |
| Operations | |
| Nexgym | * 0% of all franchisees own more than one unit * Number of employees needed to run franchised unit: 10 * Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
| AZ Air Time | |
Expansion Plans |
|
| US Expansion | |
| Nexgym | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| AZ Air Time | |
| Canada Expansion | |
| Nexgym | |
| AZ Air Time | |
| International Expansion | |
| Nexgym | |
| AZ Air Time | |