| ||||
Updated RecentlyMy Gym Children's Fitness Center vs We Rock the Spectrum Kid's Gym Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of My Gym Children's Fitness Center vs We Rock the Spectrum Kid's Gym including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $36,760 - $277,200 | $92,678 - $206,378 |
| Franchise Fee | $25,000 - $55,000 | $50,000 |
| Royalty Fee | 7%-8% | - |
| Advertising Fee | 1% | - |
| Year Founded | 1983 | 2013 |
| Year Franchised | 1995 | 2013 |
| Term Of Agreement | 12 years | - |
| Term Of Agreement | 12 years | - |
| Renewal Fee | - | - |
Business Experience Requirements |
||
| Experience | - | |
Financing Options |
||
| 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 |
||
| 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 |
||
| 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 We Rock the Spectrum Kid's Gym
We Rock the Spectrum Kid’s Gym is an international franchise with a successful business model, great reputation, established clientele, and a rapidly growing customer base. WRTS has enormous marketing potential
due to the significant rise in the number of children being diagnosed
with autism and sensory processing disorders.
The latest reports from the CDC estimate 1-in-68 children worldwide has been diagnosed with an autism-related disorder, and 1 out of 6 children has been diagnosed with SPD or another neurological disorder. Our services and activities are designed to cater to all children, no matter their development. We strive to provide an amazing example of how we can help all children grow and develop by providing an all inclusive environment.
The kid’s party industry provides a promising business model in the United States and internationally as well. With WRTS specializing in sensory equipment, all kids can benefit from our inclusive activities and unique facilities. We are a gym that caters to children of ALL abilities.
To get started on opening your own We Rock the Spectrum Kid’s Gym, you will first need to sign our NDA (Non-Disclosure Agreement). After which, we will give you a call to discuss your qualifications and give you an overview with our Franchise Developer. If you meet all of our requirements and we think it’s a good fit, we will send you the FDD to review, schedule some follow up calls to discuss, send you an application and run a background check. Then you will have an interview with our CEO and Founder, Dina Kimmel, and lastly we set up validation calls with various owners so you can ask them first-hand what it’s like to open a WRTS gym.
The franchisor offers 3 franchise programs:
Single Gym Program. Under this program, you will sign a Franchise Agreement to operate one WRTS Kid’s Gym. The total investment necessary to begin operation of a WRTS Kid’s Gym ranges from $118,578 to $182,378. This includes $56,520 that must be paid to the franchisor or their affiliate.
Area Development Program. Under this program, the franchisor will assign you a defined area within which you must develop and operate a inimum of 2 WRTS Kid’s Gyms within a specified period of time. The total investment necessary to begin operation of the first of 2 WRTS Kid’s Gyms under an Area Development Agreement ranges from $139,578 to $206,378. This includes $76,520 that must be paid to the franchisor or their affiliate.
We Rock on Wheels Program. Under this program, you will sign a Franchise Agreement to operate one mobile WRTS Kid’s Gym. The total investment necessary to begin operation of a mobile WRTS Kid’s Gym ranges from $92,678 to $103,928. This includes between $35,520 and $35,770 that must be paid to the franchisor or their affiliate.
Single Gym Program. Under this program, you will sign a Franchise Agreement to operate one WRTS Kid’s Gym. The total investment necessary to begin operation of a WRTS Kid’s Gym ranges from $118,578 to $182,378. This includes $56,520 that must be paid to the franchisor or their affiliate.
Area Development Program. Under this program, the franchisor will assign you a defined area within which you must develop and operate a inimum of 2 WRTS Kid’s Gyms within a specified period of time. The total investment necessary to begin operation of the first of 2 WRTS Kid’s Gyms under an Area Development Agreement ranges from $139,578 to $206,378. This includes $76,520 that must be paid to the franchisor or their affiliate.
We Rock on Wheels Program. Under this program, you will sign a Franchise Agreement to operate one mobile WRTS Kid’s Gym. The total investment necessary to begin operation of a mobile WRTS Kid’s Gym ranges from $92,678 to $103,928. This includes between $35,520 and $35,770 that must be paid to the franchisor or their affiliate.