My Gym Children's Fitness Center vs LA BOXING Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of My Gym Children's Fitness Center vs LA BOXING 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
LA BOXING Franchise
Investment $36,760 - $277,200$200,000
Franchise Fee $25,000 - $55,000$25,000
Royalty Fee 7%-8%6%
Advertising Fee 1%2%
Year Founded 19831992
Year Franchised 19952006
Term Of Agreement 12 years-
Term Of Agreement 12 years-
Renewal Fee -0


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

    Financing Options
     
    My Gym Children's Fitness Center Franchise
    LA BOXING 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/Yes
    Receivables No/NoNo/Yes
    Payroll No/NoNo/Yes

    Training & Support
     
    My Gym Children's Fitness Center Franchise
    LA BOXING 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
     
    My Gym Children's Fitness Center Franchise
    LA BOXING Franchise
    US Expansion Yes-
    Canada Expansion NoNo
    International Expansion YesNo

    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 LA BOXING

    The Road to a Better You Congratulations! You have taken the first step toward joining the LA Boxing franchise team. LA Boxing is the world's largest boxing, kickboxing and mixed martial arts gym franchise. Simply put, it is a fitness concept unlike any other. With The LA Boxing Workout, our members burn calories like crazy in a group setting while having fun, gaining self-confidence, and learning the fundamentals of boxing, kickboxing and mixed martial arts. As an LA Boxing franchise owner, you will play a key role in this cutting-edge fitness concept. LA Boxing offers proven stability while you grow your franchise into a successful, profitable business. At LA Boxing, our goal is to succeed through the continued success of our franchise owners, who come to us with ambition, excitement, and a will to win big. Think you have what it takes? Get in the ring with us and find out.