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Updated RecentlyMy Gym Children's Fitness Center vs Webby Dance Company Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of My Gym Children's Fitness Center vs Webby Dance Company including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $36,760 - $277,200 | $22,700 - $31,000 |
| Franchise Fee | $25,000 - $55,000 | $20,000 |
| Royalty Fee | 7%-8% | 8% |
| Advertising Fee | 1% | - |
| Year Founded | 1983 | 1975 |
| Year Franchised | 1995 | 1999 |
| Term Of Agreement | 12 years | 10 years |
| Term Of Agreement | 12 years | 10 years |
| Renewal Fee | - | $5K |
Business Experience Requirements |
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| Experience | ||
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/Yes | No/No |
| Start-up Costs | No/Yes | No/No |
| Equipment | No/Yes | No/No |
| Inventory | No/Yes | No/No |
| Receivables | No/No | No/No |
| Payroll | No/No | No/No |
Training & Support |
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| Training | On-The-Job Training: 40 hours Classroom Training: 19 hours | Seminars annually plus: * Dance Workshops * Marketing Skills * Teaching Principles * Business Management * Financial Management |
| Support | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
We offer: * Operation and Training Manuals * Email Reminders/Phone Conferences * Networking System * Help/Hotline |
| Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing | Co-op advertising, 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) |
Franchise can be run from home. 0% of all franchisees own more than one unit
Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | No | No |
| International Expansion | Yes | No |
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 Webby Dance Company
WEBBY Dance Company is a family-owned and operated company that began in 1975 in Southern California. Today, WEBBY Dance Company enriches the lives of over 8,000 children weekly across the nation.
Through creative movement, dance, gymnastics, cheer and yoga, ®WEBBY
Dance Company provides children the opportunity to build
self-confidence, creativity and co-ordination. WEBBY classes are
conveniently held on-site each week at your child’s school.
Becoming a WEBBY Dance Company owner is an engaging way for you to enter the world of private business, share your passion for dance with children, develop a partnership with your community, and build a future with a business that has potential to provide personal and financial independence.
We believe our business system offers a remarkable opportunity. Franchise owners of WEBBY Dance Company receive exceptional training and support. Since the classes are held on location, you can run the business from the comfort of your own home. This keeps the start-up costs down and ensures that your overhead is kept to a bare minimum, avoiding the time and expense involved in renting a studio.Ours is a family business and we are committed to your success. When you become a WEBBY Dance Company franchisee you'll receive all the training, materials, and support you need. We'll be communicating with you on a regular basis and keep you informed of the latest trends and developments.
We are the fastest growing mobile dance company.