Start-Up Costs and Fees |
||
| Nexgym | Funkey Kids | |
| Investment | 213000 - 397000 | 50000 - 100000 |
| 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 | Funkey Kids | |
| Experience | ||
Financing Options |
||
| Nexgym | Funkey Kids | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | ||
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Nexgym | Funkey Kids | |
| 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 | Funkey Kids | |
| 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 | |
| Funkey Kids | |
| Franchise Fee | |
| Nexgym | |
| Funkey Kids | |
| Royalty Fee | |
| Nexgym | 6% |
| Funkey Kids | |
| Advertising Fee | |
| Nexgym | |
| Funkey Kids | |
| Year Founded | |
| Nexgym | 2005 |
| Funkey Kids | 0 |
| Year Franchised | |
| Nexgym | 2006 |
| Funkey Kids | 0 |
| Term Of Agreement | |
| Nexgym | 10 years |
| Funkey Kids | |
| Renewal Fee | |
| Nexgym | 25% of franchise fee |
| Funkey Kids | |
Business Experience Requirements |
|
| Experience | |
| Nexgym | |
| Funkey Kids | |
Financing Options |
|
| Franchise Fees | |
| Nexgym | No |
| Funkey Kids | No |
| Start-up Costs | |
| Nexgym | |
| Funkey Kids | |
| Equipment | |
| Nexgym} | |
| Funkey Kids | |
| Inventory | |
| Nexgym | |
| Funkey Kids | |
| Receivables | |
| Nexgym | |
| Funkey Kids | |
| Payroll | |
| Nexgym | |
| Funkey Kids | |
Training & Support |
|
| Training | |
| Nexgym | * Available at headquarters: 2 weeks * At franchisee's location: 1 week |
| Funkey Kids | |
| Support | |
| Nexgym | |
| Funkey Kids | |
| Marketing | |
| Nexgym | |
| Funkey Kids | |
| 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) |
| Funkey Kids | |
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 |
| Funkey Kids | |
| Canada Expansion | |
| Nexgym | |
| Funkey Kids | |
| International Expansion | |
| Nexgym | |
| Funkey Kids | |