Start-Up Costs and Fees |
||
| Nexgym | Jump On It | |
| Investment | 213000 - 397000 | 179000 - 300000 |
| Franchise Fee | ||
| Royalty Fee | 6% | 6% |
| Advertising Fee | 4% | |
| Year Founded | 2005 | 2007 |
| Year Franchised | 2006 | 2010 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Nexgym | Jump On It | |
| Experience | ||
Financing Options |
||
| Nexgym | Jump On It | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | ||
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Nexgym | Jump On It | |
| 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 | Jump On It | |
| 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 | |
| Jump On It | |
| Franchise Fee | |
| Nexgym | |
| Jump On It | |
| Royalty Fee | |
| Nexgym | 6% |
| Jump On It | 6% |
| Advertising Fee | |
| Nexgym | |
| Jump On It | 4% |
| Year Founded | |
| Nexgym | 2005 |
| Jump On It | 2007 |
| Year Franchised | |
| Nexgym | 2006 |
| Jump On It | 2010 |
| Term Of Agreement | |
| Nexgym | 10 years |
| Jump On It | |
| Renewal Fee | |
| Nexgym | 25% of franchise fee |
| Jump On It | |
Business Experience Requirements |
|
| Experience | |
| Nexgym | |
| Jump On It | |
Financing Options |
|
| Franchise Fees | |
| Nexgym | No |
| Jump On It | No |
| Start-up Costs | |
| Nexgym | |
| Jump On It | |
| Equipment | |
| Nexgym} | |
| Jump On It | |
| Inventory | |
| Nexgym | |
| Jump On It | |
| Receivables | |
| Nexgym | |
| Jump On It | |
| Payroll | |
| Nexgym | |
| Jump On It | |
Training & Support |
|
| Training | |
| Nexgym | * Available at headquarters: 2 weeks * At franchisee's location: 1 week |
| Jump On It | |
| Support | |
| Nexgym | |
| Jump On It | |
| Marketing | |
| Nexgym | |
| Jump On It | |
| 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) |
| Jump On It | |
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 |
| Jump On It | |
| Canada Expansion | |
| Nexgym | |
| Jump On It | |
| International Expansion | |
| Nexgym | |
| Jump On It | |