Fun Bus vs Nexgym Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Fun Bus vs Nexgym including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Fun Bus Franchise
Nexgym Franchise
Investment $85,500 - $160,500$213,000 - $397,000
Franchise Fee $25,000$30,000
Royalty Fee 7%6%
Advertising Fee --
Year Founded 20002005
Year Franchised 20032006
Term Of Agreement 5 years10 years
Term Of Agreement 5 years10 years
Renewal Fee 50% of current franchise fee25% of franchise fee


Business Experience Requirements

 
Fun Bus Franchise
Nexgym Franchise
Experience --

Financing Options

 
Fun Bus Franchise
Nexgym Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/NoNo/No
Start-up Costs No/NoNo/No
Equipment No/No-/No
Inventory No/NoNo/No
Receivables No/NoNo/No
Payroll No/NoNo/No

Training & Support

 
Fun Bus Franchise
Nexgym Franchise
Training -* Available at headquarters: 2 weeks

* At franchisee's location: 1 week

Support Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives-
Marketing Co-op advertising, Ad slicks-
Operations -* 0% of all franchisees own more than one unit

* Number of employees needed to run franchised unit: 10

* Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)


Expansion Plans

 
Fun Bus Franchise
Nexgym Franchise
US Expansion -Yes
Canada Expansion No-
International Expansion No-

Company Overviews

About Fun Bus

It's more than an bus. It's an experience...Fun Bus is THE children's "FUN Fitness Program", with a low-cost, highly profitable operating system offering a FUN time, FUN talk and a FUN experience for everyone. The Company's foundation is solid and based on our experienced and dedicated people. We are the first to make this type of business affordable, and for that reason, our group of Franchisees will be at the forefront of an industry that just now is coming into its own. Presidents Message The children's fitness industry has exploded over the last few years and will continue to grow at a very fast pace. Our franchise package has been developed and designed to respond to childrens' wants and expectations when it comes to fun in a wholesome SAFE place. We are a new industry much like the sub sandwich shops industry was 15 years ago. As a Fun Bus Franchisee you will be in on the ground floor and staking your claim in this billion dollar industry. The Friendship Factory commitment to value and concern for safety will give you the foundation you could not possibly get - until now! A Dynamic Plan for Your Growth. By focusing our energies on quality, Fun Bus operating plan is enabling our Franchisees to increase sales, lower costs and increase cash flow, placing you in an even stronger position to succeed. In Numbers there is Strength. By becoming one of our Franchisees, you join an elite group chosen for their ability, knowledge, and a sincere desire to grow professionally. By grouping together, the benefit of numbers takes effect. This tremendous power gives you the advantage in purchasing and advertising. This strength is more important today than ever before.

About Nexgym

no longer franchising