Start-Up Costs and Fees |
||
| Nexgym | Knuckleheads Gym | |
| Investment | 213000 - 397000 | 178900 - 282000 |
| Franchise Fee | ||
| Royalty Fee | 6% | |
| Advertising Fee | ||
| Year Founded | 2005 | 2007 |
| Year Franchised | 2006 | 2008 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Nexgym | Knuckleheads Gym | |
| Experience | ||
Financing Options |
||
| Nexgym | Knuckleheads Gym | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | ||
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Nexgym | Knuckleheads Gym | |
| 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 | Knuckleheads Gym | |
| 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 | |
| Knuckleheads Gym | |
| Franchise Fee | |
| Nexgym | |
| Knuckleheads Gym | |
| Royalty Fee | |
| Nexgym | 6% |
| Knuckleheads Gym | |
| Advertising Fee | |
| Nexgym | |
| Knuckleheads Gym | |
| Year Founded | |
| Nexgym | 2005 |
| Knuckleheads Gym | 2007 |
| Year Franchised | |
| Nexgym | 2006 |
| Knuckleheads Gym | 2008 |
| Term Of Agreement | |
| Nexgym | 10 years |
| Knuckleheads Gym | |
| Renewal Fee | |
| Nexgym | 25% of franchise fee |
| Knuckleheads Gym | |
Business Experience Requirements |
|
| Experience | |
| Nexgym | |
| Knuckleheads Gym | |
Financing Options |
|
| Franchise Fees | |
| Nexgym | No |
| Knuckleheads Gym | No |
| Start-up Costs | |
| Nexgym | |
| Knuckleheads Gym | |
| Equipment | |
| Nexgym} | |
| Knuckleheads Gym | |
| Inventory | |
| Nexgym | |
| Knuckleheads Gym | |
| Receivables | |
| Nexgym | |
| Knuckleheads Gym | |
| Payroll | |
| Nexgym | |
| Knuckleheads Gym | |
Training & Support |
|
| Training | |
| Nexgym | * Available at headquarters: 2 weeks * At franchisee's location: 1 week |
| Knuckleheads Gym | |
| Support | |
| Nexgym | |
| Knuckleheads Gym | |
| Marketing | |
| Nexgym | |
| Knuckleheads Gym | |
| 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) |
| Knuckleheads Gym | |
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 |
| Knuckleheads Gym | |
| Canada Expansion | |
| Nexgym | |
| Knuckleheads Gym | |
| International Expansion | |
| Nexgym | |
| Knuckleheads Gym | |