Mr. Souvlaki vs My Gym Children's Fitness Center Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Mr. Souvlaki 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
 
Mr. Souvlaki Franchise
My Gym Children's Fitness Center Franchise
Investment $175,000 - $500,000$36,760 - $277,200
Franchise Fee $30,000 - $40,000$25,000 - $55,000
Royalty Fee -7%-8%
Advertising Fee -1%
Year Founded 01983
Year Franchised 01995
Term Of Agreement 10 years12 years
Term Of Agreement 10 years12 years
Renewal Fee --


Business Experience Requirements
 
Mr. Souvlaki Franchise
My Gym Children's Fitness Center Franchise
Experience -
  • Industry experience
  • General business experience
  • Marketing skills
    		•

    Financing Options
     
    Mr. Souvlaki Franchise
    My Gym Children's Fitness Center Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/NoNo/Yes
    Start-up Costs No/NoNo/Yes
    Equipment No/NoNo/Yes
    Inventory No/NoNo/Yes
    Receivables No/NoNo/No
    Payroll No/NoNo/No

    Training & Support
     
    Mr. Souvlaki Franchise
    My Gym Children's Fitness Center Franchise
    Training -On-The-Job Training: 40 hours Classroom Training: 19 hours
    Support -Purchasing 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 Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing
    Operations 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
     
    Mr. Souvlaki Franchise
    My Gym Children's Fitness Center Franchise
    US Expansion YesYes
    Canada Expansion YesNo
    International Expansion NoYes

    Company Overviews

    About Mr. Souvlaki

    Mr. Souvlaki is keeping on developing in the eatery administrations industry, and we are searching for committed establishment proprietors who are eager and enthusiastic about Greek sustenance to join our group.

    To end up distinctly an establishment proprietor, there will be a 3-organize meeting and examination handle. Applicants will be chosen in view of the accompanying criteria: business insight and experience, money related practicality, character and state of mind, compelling learning and interchanges aptitudes, and that's only the tip of the iceberg.

    Owning an establishment implies you are good to go for yourself yet not independent from anyone else.
    A Mr. Souvlaki establishment proprietor will profit by the mastery of our exceptionally experienced experts who will give persistent support in the accompanying ranges:

    Creating formulas

    Preparing and operations bolster

    Acquiring power

    Built up promoting and showcasing systems.

    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.