My Gym Children's Fitness Center vs Kinderdance Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of My Gym Children's Fitness Center vs Kinderdance 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
Kinderdance Franchise
Investment $36,760 - $277,200$18,100 - $46,750
Franchise Fee $25,000 - $55,000$15,000 - $40,000
Royalty Fee 7%-8%6-12%
Advertising Fee 1%3%
Year Founded 19831979
Year Franchised 19951985
Term Of Agreement 12 years10 years
Term Of Agreement 12 years10 years
Renewal Fee -10% of current fee


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

  • Seeking energetic individuals who enjoy working with children
    		•

    Financing Options
     
    My Gym Children's Fitness Center Franchise
    Kinderdance Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/YesYes/Yes
    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
    Kinderdance Franchise
    Training On-The-Job Training: 40 hours Classroom Training: 19 hours Classroom Training: 44 hours Additional Training: Annual continuing education conference
    Support Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Franchisee Intranet Platform
    Marketing Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
    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

    Number of employees needed to run franchised unit: 1 - 2

    Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

    Expansion Plans
     
    My Gym Children's Fitness Center Franchise
    Kinderdance 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 Kinderdance

    Kinderdance is the original developmental Dance, Motor Skills, Gymnastics, Music and Fitness Programs that combine academic readiness skills specifically designed for children 15 months to 12. When founder Carol Kay Harsell's dance studio tripled in size in a matter of months, she wondered why her preschool dance program enrollment wasn't growing as well. After discussing the matter with CFO Bernard Friedman, Harsell realized the problem was that many young children were in child-care centers and preschools. When Friedman suggested they take their program to where the children were, the concept for Kinderdance International was born. Within 30 days Harsell had 60 children from a local child-care center enrolled; within six months, she was marketing to the entire Phoenix area, offering on-site instruction to more than 30 child-care centers in the area. Franchisees offer Kinderdance's innovative 'education through dance' programs to thousands of children across North America, teaching at YMCAs, churches, public and private school systems, military bases and community centers, in addition to preschools and child-care centers.

    Veteran Incentives  10% off franchise fee

    "Entrepreneur
    #367 in Franchise 500 for 2020.