My Gym Children's Fitness Center vs Curves Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of My Gym Children's Fitness Center vs Curves 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
Curves Franchise
Investment $36,760 - $277,200$115,600 - $243,200
Franchise Fee $25,000 - $55,000$39,900
Royalty Fee 7%-8%5%
Advertising Fee 1%-
Year Founded 19831992
Year Franchised 19951995
Term Of Agreement 12 years5 years
Term Of Agreement 12 years5 years
Renewal Fee --


Business Experience Requirements
 
My Gym Children's Fitness Center Franchise
Curves Franchise
Experience
  • Industry experience
  • General business experience
  • Marketing skills

  • Financially stable
    		•

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

    Training & Support
     
    My Gym Children's Fitness Center Franchise
    Curves Franchise
    Training On-The-Job Training: 40 hours Classroom Training: 19 hours At regional meetings (full day), convention (3 days), local events (1 day)
    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, Field operations/evaluations
    Marketing Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Co-op advertising, Ad slicks, National media, Regional advertising
    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)

    		 50% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 2

    Absentee ownership of franchise is allowed. (70% of current franchisees are owner/operators)

    Expansion Plans
     
    My Gym Children's Fitness Center Franchise
    Curves Franchise
    US Expansion Yes-
    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 Curves

    At the age of 20, pre-med student Gary Heavin had taken over a failing fitness center in Houston, turning the business around and, within five years, opened six more centers. After 10 years and 17 centers, Heavin's business went under. Not wanting to give up, Heavin took lessons from the strengths and weaknesses of his first chain and decided to open a second. In 1992, Heavin opened Curves for Women, a women-only fitness center, in Harlingen, Texas. The company began franchising in 1995.

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