The Mad Science Group vs My Gym Children's Fitness Center Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of The Mad Science Group vs My Gym Children's Fitness Center including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
The Mad Science Group Franchise
My Gym Children's Fitness Center Franchise
Investment $74,050 - $110,459$36,760 - $277,200
Franchise Fee $25,000$25,000 - $55,000
Royalty Fee 8%7%-8%
Advertising Fee -1%
Year Founded 19851983
Year Franchised 19951995
Term Of Agreement 25 years12 years
Term Of Agreement 25 years12 years
Renewal Fee --


Business Experience Requirements

 
The Mad Science Group Franchise
My Gym Children's Fitness Center Franchise
Experience
  • Industry experience
  • General business experience
  • Marketing skills

  • Industry experience
  • General business experience
  • Marketing skills

  • Financing Options

     
    The Mad Science Group Franchise
    My Gym Children's Fitness Center Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/YesNo/Yes
    Start-up Costs No/YesNo/Yes
    Equipment No/YesNo/Yes
    Inventory No/NoNo/Yes
    Receivables No/NoNo/No
    Payroll No/NoNo/No

    Training & Support

     
    The Mad Science Group Franchise
    My Gym Children's Fitness Center Franchise
    Training -On-The-Job Training: 40 hours Classroom Training: 19 hours
    Support Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluationsPurchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
    Marketing Co-op advertising, Regional advertisingCo-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing
    Operations Franchise can be run from home.

    5% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 3 - 30

    Absentee ownership of franchise is NOT allowed. (95% of current franchisees are owner/operators)

    20% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 6 - 10

    Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)


    Expansion Plans

     
    The Mad Science Group Franchise
    My Gym Children's Fitness Center Franchise
    US Expansion -Yes
    Canada Expansion NoNo
    International Expansion YesYes

    Company Overviews

    About The Mad Science Group

    As children, brothers Ariel and Ron Shlien loved to create crazy science experiments. As adults, they realized that kids like fun, cool science. So in 1985 they started Mad Science by hosting 'edu-taining' birthday parties featuring scienctific demonstrations.

    Franchising began in 1995, with initial franchises in Florida and Toronto, and now has franchises worldwide offering educational demonstrations to preschools, in-class and afterschool programs, community centers and scout programs. The company also provides entertainment for birthday parties, special events, camps and more.

    About My Gym Children's Fitness Center

    Welcome to the exciting business of children's gyms! The timing is right The children's fitness industry offers a vast marketplace where the potential has now become even greater because of school budget cuts, decreasing opportunities for safe play in parks and neighborhoods, and the appalling state of the physical fitness of our youth. Millions of our children are overweight, inactive and below minimum standards for strength, flexibility and endurance. The need for more children's gyms is apparent, and the field offers an abundance of opportunities to those who love children.
    Improve the lives of children Our innovative and carefully structured programs, along with our ideal student/teacher ratio and noncompetitive atmosphere, allow children to discover what great things they can accomplish. My Gym Kids have so much fun developing strength, balance, coordination, agility, flexibility, fine and gross motor proficiency, social skills and self-esteem as they run, jump, tumble, dance and sing.
    Be your own boss Our franchisees derive real satisfaction from running a business
    that promotes the physical and emotional health of our world's most precious resource, our children.
    Veteran Incentives  $10,000 off franchise fee
    #202 in Franchise 500 for 2020.