Start-Up Costs and Fees |
||
| Nexgym | Kangaroo Bobs | |
| Investment | 213000 - 397000 | 50000 - 400000 |
| 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 | Kangaroo Bobs | |
| Experience | ||
Financing Options |
||
| Nexgym | Kangaroo Bobs | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | ||
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Nexgym | Kangaroo Bobs | |
| Training | * Available at headquarters: 2 weeks * At franchisee's location: 1 week | Hands-on training in our flagship store Intensive classroom instruction at Kangaroo Bob's Training reference manuals, including electronic supplements |
| Support | On-site grand opening training and assistance Quarterly consultation visits from Kangaroo Bob's field team Regular quality assurance consultations Business review analysis of store sales and performance vs. system-wide benchmarks Operating system manuals Proprietary Quarterly Team Game rollouts as well as new product rollouts Website maintenance, hosting, consumer calendar, and content management Password-protected intranet | |
| Marketing | Grand opening support and assistance High quality promotional and marketing materials Public relations materials New product development Use of the Kangaroo Bob's name, logo, and characters | |
| 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 | Kangaroo Bobs | |
| 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 | |
| Kangaroo Bobs | |
| Franchise Fee | |
| Nexgym | |
| Kangaroo Bobs | |
| Royalty Fee | |
| Nexgym | 6% |
| Kangaroo Bobs | |
| Advertising Fee | |
| Nexgym | |
| Kangaroo Bobs | |
| Year Founded | |
| Nexgym | 2005 |
| Kangaroo Bobs | 0 |
| Year Franchised | |
| Nexgym | 2006 |
| Kangaroo Bobs | 0 |
| Term Of Agreement | |
| Nexgym | 10 years |
| Kangaroo Bobs | |
| Renewal Fee | |
| Nexgym | 25% of franchise fee |
| Kangaroo Bobs | |
Business Experience Requirements |
|
| Experience | |
| Nexgym | |
| Kangaroo Bobs | |
Financing Options |
|
| Franchise Fees | |
| Nexgym | No |
| Kangaroo Bobs | No |
| Start-up Costs | |
| Nexgym | |
| Kangaroo Bobs | |
| Equipment | |
| Nexgym} | |
| Kangaroo Bobs | |
| Inventory | |
| Nexgym | |
| Kangaroo Bobs | |
| Receivables | |
| Nexgym | |
| Kangaroo Bobs | |
| Payroll | |
| Nexgym | |
| Kangaroo Bobs | |
Training & Support |
|
| Training | |
| Nexgym | * Available at headquarters: 2 weeks * At franchisee's location: 1 week |
| Kangaroo Bobs | Hands-on training in our flagship store Intensive classroom instruction at Kangaroo Bob's Training reference manuals, including electronic supplements |
| Support | |
| Nexgym | |
| Kangaroo Bobs | On-site grand opening training and assistance Quarterly consultation visits from Kangaroo Bob's field team Regular quality assurance consultations Business review analysis of store sales and performance vs. system-wide benchmarks Operating system manuals Proprietary Quarterly Team Game rollouts as well as new product rollouts Website maintenance, hosting, consumer calendar, and content management Password-protected intranet |
| Marketing | |
| Nexgym | |
| Kangaroo Bobs | Grand opening support and assistance High quality promotional and marketing materials Public relations materials New product development Use of the Kangaroo Bob's name, logo, and characters |
| 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) |
| Kangaroo Bobs | |
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 |
| Kangaroo Bobs | |
| Canada Expansion | |
| Nexgym | |
| Kangaroo Bobs | |
| International Expansion | |
| Nexgym | |
| Kangaroo Bobs | |