Start-Up Costs and Fees |
||
| Kidbus LLC | Nexgym | |
| Investment | 50000 - 70000 | 213000 - 397000 |
| Franchise Fee | ||
| Royalty Fee | 6% | |
| Advertising Fee | ||
| Year Founded | 2016 | 2005 |
| Year Franchised | 2018 | 2006 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Kidbus LLC | Nexgym | |
| Experience | ||
Financing Options |
||
| Kidbus LLC | Nexgym | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | ||
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Kidbus LLC | Nexgym | |
| Training | -At Licensee's Location -Manual Provided | * Available at headquarters: 2 weeks * At franchisee's location: 1 week |
| Support | -Advertising/Marketing -Sales Leads -Technical Support -Phone Support | |
| Marketing | ||
| Operations | - Business can be run from home. - Business can be run part-time. | * 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 |
||
| Kidbus LLC | 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 | 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 | |
| Kidbus LLC | |
| Nexgym | |
| Franchise Fee | |
| Kidbus LLC | |
| Nexgym | |
| Royalty Fee | |
| Kidbus LLC | |
| Nexgym | 6% |
| Advertising Fee | |
| Kidbus LLC | |
| Nexgym | |
| Year Founded | |
| Kidbus LLC | 2016 |
| Nexgym | 2005 |
| Year Franchised | |
| Kidbus LLC | 2018 |
| Nexgym | 2006 |
| Term Of Agreement | |
| Kidbus LLC | |
| Nexgym | 10 years |
| Renewal Fee | |
| Kidbus LLC | |
| Nexgym | 25% of franchise fee |
Business Experience Requirements |
|
| Experience | |
| Kidbus LLC | |
| Nexgym | |
Financing Options |
|
| Franchise Fees | |
| Kidbus LLC | |
| Nexgym | |
| Start-up Costs | |
| Kidbus LLC | |
| Nexgym | |
| Equipment | |
| Kidbus LLC} | |
| Nexgym | |
| Inventory | |
| Kidbus LLC | |
| Nexgym | |
| Receivables | |
| Kidbus LLC | |
| Nexgym | |
| Payroll | |
| Kidbus LLC | |
| Nexgym | |
Training & Support |
|
| Training | |
| Kidbus LLC | -At Licensee's Location -Manual Provided |
| Nexgym | * Available at headquarters: 2 weeks * At franchisee's location: 1 week |
| Support | |
| Kidbus LLC | -Advertising/Marketing -Sales Leads -Technical Support -Phone Support |
| Nexgym | |
| Marketing | |
| Kidbus LLC | |
| Nexgym | |
| Operations | |
| Kidbus LLC | - Business can be run from home. - Business can be run part-time. |
| 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 | |
| Kidbus LLC | 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 |
| 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 | |
| Kidbus LLC | |
| Nexgym | |
| International Expansion | |
| Kidbus LLC | |
| Nexgym | |