Start-Up Costs and Fees |
||
| Kids in Sports | Nexgym | |
| Investment | 202750 - 331250 | 213000 - 397000 |
| Franchise Fee | ||
| Royalty Fee | 7% | 6% |
| Advertising Fee | 1% | |
| Year Founded | 0 | 2005 |
| Year Franchised | 0 | 2006 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Kids in Sports | Nexgym | |
| Experience | ||
Financing Options |
||
| Kids in Sports | Nexgym | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | ||
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Kids in Sports | Nexgym | |
| Training | * Available at headquarters: 2 weeks * At franchisee's location: 1 week | |
| Support | We have a comprehensive franchise training and support program. You will have full support from our experienced team with: *Site selection and build-out assistance *Marketing and advertising programs that help you build brand awareness in your local market area *Sales tools and customer service programs to enroll students and keep them coming back *Franchise training programs that enable you to operate your business with confidence from day one *On-going enhancements to our proprietary IT system to keep you up-to-date in managing and growing your business *On-going support and coaching from Michael, Ken and the Kids In Sports team | |
| 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 |
||
| Kids in Sports | 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 | |
| Kids in Sports | |
| Nexgym | |
| Franchise Fee | |
| Kids in Sports | |
| Nexgym | |
| Royalty Fee | |
| Kids in Sports | 7% |
| Nexgym | 6% |
| Advertising Fee | |
| Kids in Sports | 1% |
| Nexgym | |
| Year Founded | |
| Kids in Sports | 0 |
| Nexgym | 2005 |
| Year Franchised | |
| Kids in Sports | 0 |
| Nexgym | 2006 |
| Term Of Agreement | |
| Kids in Sports | |
| Nexgym | 10 years |
| Renewal Fee | |
| Kids in Sports | |
| Nexgym | 25% of franchise fee |
Business Experience Requirements |
|
| Experience | |
| Kids in Sports | |
| Nexgym | |
Financing Options |
|
| Franchise Fees | |
| Kids in Sports | |
| Nexgym | |
| Start-up Costs | |
| Kids in Sports | |
| Nexgym | |
| Equipment | |
| Kids in Sports} | |
| Nexgym | |
| Inventory | |
| Kids in Sports | |
| Nexgym | |
| Receivables | |
| Kids in Sports | |
| Nexgym | |
| Payroll | |
| Kids in Sports | |
| Nexgym | |
Training & Support |
|
| Training | |
| Kids in Sports | |
| Nexgym | * Available at headquarters: 2 weeks * At franchisee's location: 1 week |
| Support | |
| Kids in Sports | We have a comprehensive franchise training and support program. You will have full support from our experienced team with: *Site selection and build-out assistance *Marketing and advertising programs that help you build brand awareness in your local market area *Sales tools and customer service programs to enroll students and keep them coming back *Franchise training programs that enable you to operate your business with confidence from day one *On-going enhancements to our proprietary IT system to keep you up-to-date in managing and growing your business *On-going support and coaching from Michael, Ken and the Kids In Sports team |
| Nexgym | |
| Marketing | |
| Kids in Sports | |
| Nexgym | |
| Operations | |
| Kids in Sports | |
| 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 | |
| Kids in Sports | 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 | |
| Kids in Sports | |
| Nexgym | |
| International Expansion | |
| Kids in Sports | |
| Nexgym | |