Start-Up Costs and Fees |
||
| Nexgym | Busy Bodies | |
| Investment | 213000 - 397000 | 15000 - 999999 |
| Franchise Fee | ||
| Royalty Fee | 6% | 7-8% |
| Advertising Fee | ||
| Year Founded | 2005 | 0 |
| Year Franchised | 2006 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Nexgym | Busy Bodies | |
| Experience | ||
Financing Options |
||
| Nexgym | Busy Bodies | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | ||
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Nexgym | Busy Bodies | |
| 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 | Busy Bodies | |
| 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 | |
| Busy Bodies | |
| Franchise Fee | |
| Nexgym | |
| Busy Bodies | |
| Royalty Fee | |
| Nexgym | 6% |
| Busy Bodies | 7-8% |
| Advertising Fee | |
| Nexgym | |
| Busy Bodies | |
| Year Founded | |
| Nexgym | 2005 |
| Busy Bodies | 0 |
| Year Franchised | |
| Nexgym | 2006 |
| Busy Bodies | 0 |
| Term Of Agreement | |
| Nexgym | 10 years |
| Busy Bodies | |
| Renewal Fee | |
| Nexgym | 25% of franchise fee |
| Busy Bodies | |
Business Experience Requirements |
|
| Experience | |
| Nexgym | |
| Busy Bodies | |
Financing Options |
|
| Franchise Fees | |
| Nexgym | No |
| Busy Bodies | No |
| Start-up Costs | |
| Nexgym | |
| Busy Bodies | |
| Equipment | |
| Nexgym} | |
| Busy Bodies | |
| Inventory | |
| Nexgym | |
| Busy Bodies | |
| Receivables | |
| Nexgym | |
| Busy Bodies | |
| Payroll | |
| Nexgym | |
| Busy Bodies | |
Training & Support |
|
| Training | |
| Nexgym | * Available at headquarters: 2 weeks * At franchisee's location: 1 week |
| Busy Bodies | |
| Support | |
| Nexgym | |
| Busy Bodies | |
| Marketing | |
| Nexgym | |
| Busy Bodies | |
| 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) |
| Busy Bodies | |
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 |
| Busy Bodies | |
| Canada Expansion | |
| Nexgym | |
| Busy Bodies | |
| International Expansion | |
| Nexgym | |
| Busy Bodies | |