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Updated RecentlyMy Gym Children's Fitness Center vs Funtopia Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of My Gym Children's Fitness Center vs Funtopia 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 | $600,791 - $1,853,381 |
| Franchise Fee | $25,000 - $55,000 | $35,000 - $60,000 |
| Royalty Fee | 7%-8% | 6% |
| Advertising Fee | 1% | 1% |
| Year Founded | 1983 | 2013 |
| Year Franchised | 1995 | 2015 |
| 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 | -/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 | Purchasing Co-ops Meetings/Conventions Grand Opening Field Operations |
| Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing | Co-op Advertising National Media Regional Advertising |
| 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) | Number of Employees Required to Run: 40 - 80 |
Expansion Plans |
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| 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 Funtopia
Funtopia is a unique concept for active entertainment. It combines sports with fun and brings them into entertainment and shopping centres. With challenges designed for visitors of all ages, every Funtopia Adventure Park is the family spot of choice.
Every Funtopia is built upon and always reflects our core values: Safe, Fun, Active, Courteous.
We strongly believe that active entertainment helps children and adults stay healthy and have fun in a shared experience.
It is one of our main goals to reveal the benefits of playing in an exciting and sporty environment where our customers are engaged in diverse physical and mental activities.
Every Funtopia is built upon and always reflects our core values: Safe, Fun, Active, Courteous.
We strongly believe that active entertainment helps children and adults stay healthy and have fun in a shared experience.
It is one of our main goals to reveal the benefits of playing in an exciting and sporty environment where our customers are engaged in diverse physical and mental activities.
The total investment necessary to begin operation of a small Funtopia Active Entertainment Center wall-climbing Active Entertainment Center franchise is $600,791 to $1,117,349. This includes from $434,055 to $498,790 which must be paid to the franchisor or its affiliate, as appropriate.
The total investment necessary to begin operation of a large Funtopia Active Entertainment Center wall-climbing Active Entertainment Center with option of café/food service inside the facility is $1,400,043 to $1,853,381. This includes from $717,441 to $1,010,625 which must be paid to the franchisor or its affiliate, as appropriate.