Start-Up Costs and Fees |
||
| Nexgym | Oogles n Googles | |
| Investment | 213000 - 397000 | 33400 - 39700 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | 7% |
| Advertising Fee | ||
| Year Founded | 2005 | 2001 |
| Year Franchised | 2006 | 2004 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Nexgym | Oogles n Googles | |
| Experience | Marketing skills | |
Financing Options |
||
| Nexgym | Oogles n Googles | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Nexgym | Oogles n Googles | |
| Training | * Available at headquarters: 2 weeks * At franchisee's location: 1 week | |
| Support | Newsletter, Meetings, Internet, Field operations/evaluations, Purchasing cooperatives | |
| Marketing | Ad slicks | |
| 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) | Franchise can be run from home. 1% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 - 2 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
||
| Nexgym | Oogles n Googles | |
| 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 | Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, North Dakota, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming, |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Nexgym | |
| Oogles n Googles | |
| Franchise Fee | |
| Nexgym | |
| Oogles n Googles | |
| Royalty Fee | |
| Nexgym | 6% |
| Oogles n Googles | 7% |
| Advertising Fee | |
| Nexgym | |
| Oogles n Googles | |
| Year Founded | |
| Nexgym | 2005 |
| Oogles n Googles | 2001 |
| Year Franchised | |
| Nexgym | 2006 |
| Oogles n Googles | 2004 |
| Term Of Agreement | |
| Nexgym | 10 years |
| Oogles n Googles | 5 years |
| Renewal Fee | |
| Nexgym | 25% of franchise fee |
| Oogles n Googles | |
Business Experience Requirements |
|
| Experience | |
| Nexgym | |
| Oogles n Googles | Marketing skills |
Financing Options |
|
| Franchise Fees | |
| Nexgym | No |
| Oogles n Googles | No |
| Start-up Costs | |
| Nexgym | |
| Oogles n Googles | |
| Equipment | |
| Nexgym} | |
| Oogles n Googles | |
| Inventory | |
| Nexgym | |
| Oogles n Googles | |
| Receivables | |
| Nexgym | |
| Oogles n Googles | |
| Payroll | |
| Nexgym | |
| Oogles n Googles | |
Training & Support |
|
| Training | |
| Nexgym | * Available at headquarters: 2 weeks * At franchisee's location: 1 week |
| Oogles n Googles | |
| Support | |
| Nexgym | |
| Oogles n Googles | Newsletter, Meetings, Internet, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Nexgym | |
| Oogles n Googles | Ad slicks |
| 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) |
| Oogles n Googles | Franchise can be run from home. 1% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 - 2 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
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 |
| Oogles n Googles | Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, North Dakota, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming, |
| Canada Expansion | |
| Nexgym | |
| Oogles n Googles | |
| International Expansion | |
| Nexgym | |
| Oogles n Googles | |