My Gym Children's Fitness Center vs Flour Power Kids Cooking Studios Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of My Gym Children's Fitness Center vs Flour Power Kids Cooking Studios including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$36,760 - $277,200 | $131,675 - $241,675 |
Franchise Fee |
$25,000 - $55,000 | $39,875 |
Royalty Fee |
7%-8% | 6% |
Advertising Fee |
1% | $149/mo. |
Year Founded |
1983 | 2008 |
Year Franchised |
1995 | 2015 |
Term Of Agreement |
12 years | - |
Term Of Agreement |
12 years | - |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
Industry experience General business experience Marketing skills | We like hard working individuals with an entrepreneurial spirit best! We like individuals who understand that a system has been developed and they need to follow it in order to succeed. Our best success stories are from Studio Owners who work in their studios full time and provide outstanding customer service to customers and lead their employees by example! |
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
|
On-The-Job Training: 20 hours
Classroom Training: 20 hours
Additional Training: ServSafe & first aid/CPR training
|
Support |
Purchasing Co-ops
Newsletter
Meetings/Conventions
Grand Opening
Online Support
Security/Safety Procedures
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
| 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
|
Co-op Advertising
Ad Templates
Regional Advertising
Social media
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) |
Absentee Ownership Allowed
Number of Employees Required to Run: 8
|
Expansion Plans |
US Expansion |
Yes | 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 Flour Power Kids Cooking Studios
Flour Power Kids Cooking Studios is a fast growing nationwide hands-on
culinary entertainment and educational franchise.
The educational program
takes children on exciting imaginative culinary adventures in a locally
owned whimsical kitchen studio, built with lil chefs in mind!
Each program Flour Power offers consists of proven themed hands-on exciting
curriculum, all designed to stir up a ton of fun while learning
life-long skills.
From kitchen chemistry to food art to etiquette, we
keep the excitement and creative learning sizzling in our studios every
day with camps, classes, kids night out, special needs classes, private
events, adult classes, birthday parties, field trips, off site
enrichment classes, team building events, corporate events, family style
events and more.
The Flour Power Kids Cooking Studios franchise opportunity features a
business full of opportunities to make a positive impact in your
community and in many children's lives.
Currently,
we have locations in North Carolina, South Carolina, Texas,
Pennsylvania, Michigan, Tennessee and Colorado!
Are you next?
Veteran Incentives $5,000 off franchise fee