My Gym Children's Fitness Center vs Slim and Tone Franchise Comparison

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

Start-Up Costs and Fees
 
My Gym Children's Fitness Center Franchise
Slim and Tone Franchise
Investment $36,760 - $277,200$40,200 - $84,700
Franchise Fee $25,000 - $55,000$31,900
Royalty Fee 7%-8%$395/mo.
Advertising Fee 1%-
Year Founded 19832002
Year Franchised 19952002
Term Of Agreement 12 years5 years
Term Of Agreement 12 years5 years
Renewal Fee --


Business Experience Requirements
 
My Gym Children's Fitness Center Franchise
Slim and Tone Franchise
Experience
  • Industry experience
  • General business experience
  • Marketing skills
    		• -

    Financing Options
     
    My Gym Children's Fitness Center Franchise
    Slim and Tone 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/YesNo/No
    Receivables No/NoNo/No
    Payroll No/NoNo/No

    Training & Support
     
    My Gym Children's Fitness Center Franchise
    Slim and Tone 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 Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
    Marketing Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Ad slicks
    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)

    		 10% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 2

    Absentee ownership of franchise is allowed. (75% of current franchisees are owner/operators)

    Expansion Plans
     
    My Gym Children's Fitness Center Franchise
    Slim and Tone Franchise
    US Expansion YesYes
    Canada Expansion NoNo
    International Expansion YesYes

    Company Overviews

    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.

    About Slim and Tone

    NO LONGER FRANCHISING

    Slim and Tone is a standout amongst the most energizing establishment openings in business today. Like never before, ladies require practice and an asylum from the anxiety they confront day by day. You can offer that shelter and be remunerated for it. Regular, ladies are understanding that eating methodologies alone don't work and that it is so imperative to work out. The question is the place and how.

    Routine practice and wellbeing clubs might be promptly accessible in your general vicinity, yet these offices are not really arrangements that work for generally ladies. Many feel threatened by a co-ed office and don't have sufficient energy. Ladies of any age and wellness capacities, overweight ladies and ladies with handicaps, specifically, require a practice office that is protected, brisk, agreeable, and strong and one that meets their interesting needs. The arrangement is a women's-just wellness club! Bends for Women promoted the pattern Slim and Tone has adjusted and enhanced the idea.

    Contrast the Slim and Tone bundle with others. No other contender is in a position to offer this much:

    OUR USA OPPORTUNITY

    As the practice division of NutriSystem, a pioneer in the weight reduction showcase, just Slim and Tone can offer you this extra income potential in your club! We have the benefit of:

    The chance to get to the broad rundown of NutriSystem clients through cross showcasing programs

    What's more, as a shopper items organization, NutriSystem can likewise outline items only for Slim and Tone!

    The money related strength and promoting openings that an open organization offers will make an interpretation of into more accomplishment for you.