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Below is an in-depth analysis and side-by-side comparison of My Gym Children's Fitness Center vs Kangaroo Bobs 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 | $50,000 - $400,000 |
Franchise Fee | $25,000 - $55,000 | $25,000 - $35,000 |
Royalty Fee | 7%-8% | - |
Advertising Fee | 1% | - |
Year Founded | 1983 | - |
Year Franchised | 1995 | - |
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 | - |
Kangaroo Bob's, which is at the forefront of child development, has created a fun environment to teach teamwork to children through parties and play. Kangaroo Bob's patent pending teamwork curriculum creates an extraordinary party and play experience for children and their families, which correlates into an incredible business opportunity for franchise candidates that are as passionate about running their business as they are about developing young minds. Kangaroo Bob's has designed two unique business opportunities for franchisees that utilizes our patent pending teamwork curriculum. Franchisees can choose between our facility based Play and Party Center package, which is a $250k to $400k investment, or choose our home based Walkabout Package which is a total capital investment of $50k. Please call us at 770-364-4017 to learn more about this thrilling and exciting children's entertainment franchise experience.