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Below is an in-depth analysis and side-by-side comparison of My Gym Children's Fitness Center vs Tumbles 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 | $212,500 - $414,500 |
Franchise Fee | $25,000 - $55,000 | $42,000 |
Royalty Fee | 7%-8% | 7% |
Advertising Fee | 1% | 2% |
Year Founded | 1983 | 1988 |
Year Franchised | 1995 | 1993 |
Term Of Agreement | 12 years | - |
Term Of Agreement | 12 years | - |
Renewal Fee | - | - |
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 | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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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 |
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US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | Yes | - |
Tumbles is a growing kids’ gym and STEAM (Science, Technology, Engineering, Art and Math) franchise. Our mission is both simple and ambitious: Shaping the minds and bodies of the future. Based on developmental milestones, our proven programs encourage kids to get active, take measured risks, explore independently, and interact with their peers in a fun, safe and clean environment.