Start-Up Costs and Fees |
||
| Power Tots | Nexgym | |
| Investment | 35525 - 62700 | 213000 - 397000 |
| Franchise Fee | ||
| Royalty Fee | 6% | |
| Advertising Fee | ||
| Year Founded | 0 | 2005 |
| Year Franchised | 0 | 2006 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Power Tots | Nexgym | |
| Experience | * LOVE of children! * Great organizational skills! * Outgoing and personable! * Willingness and eagerness to learn! * Reliable and responsible! * Physically active lifestyle! * Experience in dance/gymnastics/yoga/owning a business a plus, but not required! | |
Financing Options |
||
| Power Tots | Nexgym | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | ||
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Power Tots | Nexgym | |
| Training | You will attend 8-10 days of training at our home office in Southern MD | * Available at headquarters: 2 weeks * At franchisee's location: 1 week |
| Support | *On-site assistance and start up support *A buddy system is set up for weekly progress talks with our office. | |
| 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 |
||
| Power Tots | Nexgym | |
| 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 | |
| Power Tots | |
| Nexgym | |
| Franchise Fee | |
| Power Tots | |
| Nexgym | |
| Royalty Fee | |
| Power Tots | |
| Nexgym | 6% |
| Advertising Fee | |
| Power Tots | |
| Nexgym | |
| Year Founded | |
| Power Tots | 0 |
| Nexgym | 2005 |
| Year Franchised | |
| Power Tots | 0 |
| Nexgym | 2006 |
| Term Of Agreement | |
| Power Tots | |
| Nexgym | 10 years |
| Renewal Fee | |
| Power Tots | |
| Nexgym | 25% of franchise fee |
Business Experience Requirements |
|
| Experience | |
| Power Tots | * LOVE of children! * Great organizational skills! * Outgoing and personable! * Willingness and eagerness to learn! * Reliable and responsible! * Physically active lifestyle! * Experience in dance/gymnastics/yoga/owning a business a plus, but not required! |
| Nexgym | |
Financing Options |
|
| Franchise Fees | |
| Power Tots | |
| Nexgym | |
| Start-up Costs | |
| Power Tots | |
| Nexgym | |
| Equipment | |
| Power Tots} | |
| Nexgym | |
| Inventory | |
| Power Tots | |
| Nexgym | |
| Receivables | |
| Power Tots | |
| Nexgym | |
| Payroll | |
| Power Tots | |
| Nexgym | |
Training & Support |
|
| Training | |
| Power Tots | You will attend 8-10 days of training at our home office in Southern MD |
| Nexgym | * Available at headquarters: 2 weeks * At franchisee's location: 1 week |
| Support | |
| Power Tots | *On-site assistance and start up support *A buddy system is set up for weekly progress talks with our office. |
| Nexgym | |
| Marketing | |
| Power Tots | |
| Nexgym | |
| Operations | |
| Power Tots | |
| 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) |
Expansion Plans |
|
| US Expansion | |
| Power Tots | |
| 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 |
| Canada Expansion | |
| Power Tots | |
| Nexgym | |
| International Expansion | |
| Power Tots | |
| Nexgym | |