Start-Up Costs and Fees |
||
| Nexgym | Jungle Quest | |
| Investment | 213000 - 397000 | 311490 - 492625 |
| Franchise Fee | ||
| Royalty Fee | 6% | 5% |
| Advertising Fee | ||
| Year Founded | 2005 | 1993 |
| Year Franchised | 2006 | 2005 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Nexgym | Jungle Quest | |
| Experience | ||
Financing Options |
||
| Nexgym | Jungle Quest | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | ||
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Nexgym | Jungle Quest | |
| 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 | Jungle Quest | |
| 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 | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Nexgym | |
| Jungle Quest | |
| Franchise Fee | |
| Nexgym | |
| Jungle Quest | |
| Royalty Fee | |
| Nexgym | 6% |
| Jungle Quest | 5% |
| Advertising Fee | |
| Nexgym | |
| Jungle Quest | |
| Year Founded | |
| Nexgym | 2005 |
| Jungle Quest | 1993 |
| Year Franchised | |
| Nexgym | 2006 |
| Jungle Quest | 2005 |
| Term Of Agreement | |
| Nexgym | 10 years |
| Jungle Quest | |
| Renewal Fee | |
| Nexgym | 25% of franchise fee |
| Jungle Quest | |
Business Experience Requirements |
|
| Experience | |
| Nexgym | |
| Jungle Quest | |
Financing Options |
|
| Franchise Fees | |
| Nexgym | No |
| Jungle Quest | No |
| Start-up Costs | |
| Nexgym | |
| Jungle Quest | |
| Equipment | |
| Nexgym} | |
| Jungle Quest | |
| Inventory | |
| Nexgym | |
| Jungle Quest | |
| Receivables | |
| Nexgym | |
| Jungle Quest | |
| Payroll | |
| Nexgym | |
| Jungle Quest | |
Training & Support |
|
| Training | |
| Nexgym | * Available at headquarters: 2 weeks * At franchisee's location: 1 week |
| Jungle Quest | |
| Support | |
| Nexgym | |
| Jungle Quest | |
| Marketing | |
| Nexgym | |
| Jungle Quest | |
| 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) |
| Jungle Quest | |
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 |
| Jungle Quest | |
| Canada Expansion | |
| Nexgym | |
| Jungle Quest | 0 |
| International Expansion | |
| Nexgym | |
| Jungle Quest | |