My Gym Children's Fitness Center vs Power Tots Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of My Gym Children's Fitness Center vs Power Tots 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
Power Tots Franchise
Investment $36,760 - $277,200$35,525 - $62,700
Franchise Fee $25,000 - $55,000$20,000
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
 
My Gym Children's Fitness Center Franchise
Power Tots Franchise
Experience
  • Industry experience
  • General business experience
  • Marketing skills
    		•  * LOVE of children! * Great organizational skills! * Outgoing and personable! * Willingness and eagerness to learn! * Reliable and responsible! * Physically active lifestyle! * Experience in dance/gymnastics/yoga/owning a business a plus, but not required!

    Financing Options
     
    My Gym Children's Fitness Center Franchise
    Power Tots Franchise
      In-House/3rd PartyIn-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
     
    My Gym Children's Fitness Center Franchise
    Power Tots Franchise
    Training On-The-Job Training: 40 hours Classroom Training: 19 hours You will attend 8-10 days of training at our home office in Southern MD
    Support Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform *On-site assistance and start up support *A buddy system is set up for weekly progress talks with our office.
    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
    Power Tots Franchise
    US Expansion Yes-
    Canada Expansion No-
    International Expansion Yes-

    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 Power Tots

    Power Tots Franchising is here!

    Power Tots, Inc. is putting forth another and energizing establishment opportunity that is unique in relation to whatever other business out there! While wellness based projects for youngsters are extraordinary in managing today's worries with adolescence heftiness and health, Power Tots Gymnastics, Dance, and Yoga facilitate this attempt by likewise growing fine and gross engine aptitudes, advancing general physical and passionate prosperity, and maintaining our very own mantra, "Put stock in the Power of a Positive Attitude!"
    It's anything but difficult to see why everybody's flipping for a Power Tots establishment!
    Locally situated business, so there's low overhead!
    Simple start-up!
    Subsidence safe!
    Intensely estimated! 
    25+ years demonstrated effective administration in the MD/DC/VA metro zone!
    Constant market! The childcare business is a piece of a 18 billion dollar (and developing) industry!
    No aerobatic, move, or yoga encounter vital!
    Persistent support and help from our Home Office!

    Adaptable working hours!

    Mark name connected with high caliber and polished methodology!