Start-Up Costs and Fees |
||
| Nexgym | Tutu School | |
| Investment | 213000 - 397000 | 73700 - 135200 |
| Franchise Fee | ||
| Royalty Fee | 6% | 5% |
| Advertising Fee | 1% | |
| Year Founded | 2005 | 2008 |
| Year Franchised | 2006 | 2012 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Nexgym | Tutu School | |
| Experience | ||
Financing Options |
||
| Nexgym | Tutu School | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | ||
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Nexgym | Tutu School | |
| Training | * Available at headquarters: 2 weeks * At franchisee's location: 1 week | On-The-Job Training: 74 hours Classroom Training: 17 hours |
| Support | Newsletter Meetings Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software | |
| Marketing | Ad Templates Regional Advertising Social media Website development Email 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) | Number of Employees Required to Run: 2 |
Expansion Plans |
||
| Nexgym | Tutu School | |
| 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 | 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 | |
| Tutu School | |
| Franchise Fee | |
| Nexgym | |
| Tutu School | |
| Royalty Fee | |
| Nexgym | 6% |
| Tutu School | 5% |
| Advertising Fee | |
| Nexgym | |
| Tutu School | 1% |
| Year Founded | |
| Nexgym | 2005 |
| Tutu School | 2008 |
| Year Franchised | |
| Nexgym | 2006 |
| Tutu School | 2012 |
| Term Of Agreement | |
| Nexgym | 10 years |
| Tutu School | |
| Renewal Fee | |
| Nexgym | 25% of franchise fee |
| Tutu School | |
Business Experience Requirements |
|
| Experience | |
| Nexgym | |
| Tutu School | |
Financing Options |
|
| Franchise Fees | |
| Nexgym | No |
| Tutu School | No |
| Start-up Costs | |
| Nexgym | |
| Tutu School | |
| Equipment | |
| Nexgym} | |
| Tutu School | |
| Inventory | |
| Nexgym | |
| Tutu School | |
| Receivables | |
| Nexgym | |
| Tutu School | |
| Payroll | |
| Nexgym | |
| Tutu School | |
Training & Support |
|
| Training | |
| Nexgym | * Available at headquarters: 2 weeks * At franchisee's location: 1 week |
| Tutu School | On-The-Job Training: 74 hours Classroom Training: 17 hours |
| Support | |
| Nexgym | |
| Tutu School | Newsletter Meetings Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software |
| Marketing | |
| Nexgym | |
| Tutu School | Ad Templates Regional Advertising Social media Website development Email marketing |
| 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) |
| Tutu School | Number of Employees Required to Run: 2 |
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 |
| Tutu School | 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 | |
| Nexgym | |
| Tutu School | |
| International Expansion | |
| Nexgym | |
| Tutu School | |