Start-Up Costs and Fees |
||
| Nexgym | PRO MARTIAL ARTS | |
| Investment | 213000 - 397000 | 142750 - 199550 |
| Franchise Fee | ||
| Royalty Fee | 6% | 7.50% |
| Advertising Fee | 1% | |
| Year Founded | 2005 | 0 |
| Year Franchised | 2006 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Nexgym | PRO MARTIAL ARTS | |
| Experience | ||
Financing Options |
||
| Nexgym | PRO MARTIAL ARTS | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | ||
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Nexgym | PRO MARTIAL ARTS | |
| 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 | PRO MARTIAL ARTS | |
| 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 | |
| PRO MARTIAL ARTS | |
| Franchise Fee | |
| Nexgym | |
| PRO MARTIAL ARTS | |
| Royalty Fee | |
| Nexgym | 6% |
| PRO MARTIAL ARTS | 7.50% |
| Advertising Fee | |
| Nexgym | |
| PRO MARTIAL ARTS | 1% |
| Year Founded | |
| Nexgym | 2005 |
| PRO MARTIAL ARTS | 0 |
| Year Franchised | |
| Nexgym | 2006 |
| PRO MARTIAL ARTS | 0 |
| Term Of Agreement | |
| Nexgym | 10 years |
| PRO MARTIAL ARTS | |
| Renewal Fee | |
| Nexgym | 25% of franchise fee |
| PRO MARTIAL ARTS | |
Business Experience Requirements |
|
| Experience | |
| Nexgym | |
| PRO MARTIAL ARTS | |
Financing Options |
|
| Franchise Fees | |
| Nexgym | No |
| PRO MARTIAL ARTS | No |
| Start-up Costs | |
| Nexgym | |
| PRO MARTIAL ARTS | |
| Equipment | |
| Nexgym} | |
| PRO MARTIAL ARTS | |
| Inventory | |
| Nexgym | |
| PRO MARTIAL ARTS | |
| Receivables | |
| Nexgym | |
| PRO MARTIAL ARTS | |
| Payroll | |
| Nexgym | |
| PRO MARTIAL ARTS | |
Training & Support |
|
| Training | |
| Nexgym | * Available at headquarters: 2 weeks * At franchisee's location: 1 week |
| PRO MARTIAL ARTS | |
| Support | |
| Nexgym | |
| PRO MARTIAL ARTS | |
| Marketing | |
| Nexgym | |
| PRO MARTIAL ARTS | |
| 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) |
| PRO MARTIAL ARTS | |
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 |
| PRO MARTIAL ARTS | |
| Canada Expansion | |
| Nexgym | |
| PRO MARTIAL ARTS | |
| International Expansion | |
| Nexgym | |
| PRO MARTIAL ARTS | |