Monkey Joe's vs EncouraGym Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Monkey Joe's vs EncouraGym including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

  Monkey Joe's EncouraGym
Investment 918088 - 1484129 25600 - 69400
Franchise Fee 0
Royalty Fee 5% 6%
Advertising Fee 2%-3%
Year Founded 2004 2001
Year Franchised 2005 2004
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  Monkey Joe's EncouraGym
Experience General business experience Marketing skills Desire to work with children

Financing Options

  Monkey Joe's EncouraGym
 
Franchise Fees No Yes
Start-up Costs No No
Equipment No No
Inventory No No
Receivables No No
Payroll No No

Training & Support

  Monkey Joe's EncouraGym
Training
Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations
Marketing Ad slicks
Operations 0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 4 - 8 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

Expansion Plans

  Monkey Joe's EncouraGym
US Expansion Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Mississippi, Montana, Nebraska, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Pennsylvania, South Carolina, Tennessee, Texas, Utah, West Virginia, Wyoming,
Canada Expansion 0
International Expansion

Start-Up Costs and Fees Mobile

Investment
Monkey Joe's
EncouraGym
Franchise Fee
Monkey Joe's
EncouraGym
Royalty Fee
Monkey Joe's 5%
EncouraGym 6%
Advertising Fee
Monkey Joe's 2%-3%
EncouraGym
Year Founded
Monkey Joe's 2004
EncouraGym 2001
Year Franchised
Monkey Joe's 2005
EncouraGym 2004
Term Of Agreement
Monkey Joe's 10 years
EncouraGym 5 years
Renewal Fee
Monkey Joe's 0
EncouraGym 10% of current franchise fee


Business Experience Requirements

Experience
Monkey Joe's
EncouraGym General business experience Marketing skills Desire to work with children

Financing Options

 
Franchise Fees
Monkey Joe's No
EncouraGym No
Start-up Costs
Monkey Joe's
EncouraGym
Equipment
Monkey Joe's}
EncouraGym
Inventory
Monkey Joe's
EncouraGym
Receivables
Monkey Joe's
EncouraGym
Payroll
Monkey Joe's
EncouraGym

Training & Support

Training
Monkey Joe's
EncouraGym
Support
Monkey Joe's
EncouraGym Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations
Marketing
Monkey Joe's
EncouraGym Ad slicks
Operations
Monkey Joe's
EncouraGym 0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 4 - 8 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

Expansion Plans

US Expansion
Monkey Joe's
EncouraGym Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Mississippi, Montana, Nebraska, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Pennsylvania, South Carolina, Tennessee, Texas, Utah, West Virginia, Wyoming,
Canada Expansion
Monkey Joe's 0
EncouraGym
International Expansion
Monkey Joe's
EncouraGym