My Gym Children's Fitness Center vs Tippi Toes Dance Company Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of My Gym Children's Fitness Center vs Tippi Toes Dance Company 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
Tippi Toes Dance Company Franchise
Investment $36,760 - $277,200$28,000 - $40,000
Franchise Fee $25,000 - $55,000$28,000
Royalty Fee 7%-8%6%
Advertising Fee 1%-
Year Founded 19831999
Year Franchised 19952009
Term Of Agreement 12 years10 years
Term Of Agreement 12 years10 years
Renewal Fee -$10K


Business Experience Requirements
 
My Gym Children's Fitness Center Franchise
Tippi Toes Dance Company Franchise
Experience
  • Industry experience
  • General business experience
  • Marketing skills
    		• None needed as we train to the specific needs of each franchise owner.

    Financing Options
     
    My Gym Children's Fitness Center Franchise
    Tippi Toes Dance Company 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
    Tippi Toes Dance Company Franchise
    Training On-The-Job Training: 40 hours Classroom Training: 19 hours On-site training at initial start up; seminars annually
    Support Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform Weekly phone calls (as needed), Meetings, phone line, Internet, Security/safety procedures, On Site sales, and start-up
    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)

    		Franchise can be run from home. 0% of all franchisees own more than one unit Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

    Expansion Plans
     
    My Gym Children's Fitness Center Franchise
    Tippi Toes Dance Company Franchise
    US Expansion YesYes
    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 Tippi Toes Dance Company

    Tippi Toes provides a unique experience in a family-oriented environment and is dedicated to offering exceptional service to customers. We have proven our operations, training, marketing services, etc, over the past few years and are expanding by appointing qualified individuals to operate one or more dance dream worlds as a franchise. Tippi Toes also uses original music specifically designed to make our dance classes more kid-freindly and positive unlike any other children's activity.Tippi Toes Dance Company is a family business and we are as committed to your success as to our own. We are looking for people who love children and want to improve their lives on a daily basis! Tippi Toes provides a unique experience in a family-oriented environment and we are dedicated to offering exceptional service to customers. We have proven our operations, marketing services, etc, over the past few years and are ready to expand into the states of Texas, Oklahoma, Ohio, Minnesota, Florida Kansas and Missouri by appointing qualified individuals to operate one or more dance dream worlds as a franchise. If you genuinely enjoy children If you are interested in owning your own business but not being in business alone If you are interested in having a business with an excellent growth and profit potential You may just be the right person to be our next franchise. When you become a Tippi Toes Dance Company franchisee you'll receive all the training, materials and support you need. And as with any family, we'll be communicating on a regular basis, keeping you aware of the latest trends and developments.