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Updated RecentlyWebby Dance Company vs Nexgym Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Webby Dance Company vs Nexgym including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $22,700 - $31,000 | $213,000 - $397,000 |
| Franchise Fee | $20,000 | $30,000 |
| Royalty Fee | 8% | 6% |
| Advertising Fee | - | - |
| Year Founded | 1975 | 2005 |
| Year Franchised | 1999 | 2006 |
| Term Of Agreement | 10 years | 10 years |
| Term Of Agreement | 10 years | 10 years |
| Renewal Fee | $5K | 25% of franchise 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/No | No/No |
| Start-up Costs | No/No | No/No |
| Equipment | No/No | -/No |
| Inventory | No/No | No/No |
| Receivables | No/No | No/No |
| Payroll | No/No | No/No |
Training & Support |
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| Training | Seminars annually plus: * Dance Workshops * Marketing Skills * Teaching Principles * Business Management * Financial Management | * Available at headquarters: 2 weeks * At franchisee's location: 1 week |
| Support |
We offer: * Operation and Training Manuals * Email Reminders/Phone Conferences * Networking System * Help/Hotline | - |
| Marketing | Co-op advertising, Regional advertising | - |
| Operations |
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) | * 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 |
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| US Expansion | Yes | Yes |
| Canada Expansion | No | - |
| International Expansion | No | - |
Company Overviews
About Webby Dance Company
WEBBY Dance Company is a family-owned and operated company that began in 1975 in Southern California. Today, WEBBY Dance Company enriches the lives of over 8,000 children weekly across the nation.
Through creative movement, dance, gymnastics, cheer and yoga, ®WEBBY
Dance Company provides children the opportunity to build
self-confidence, creativity and co-ordination. WEBBY classes are
conveniently held on-site each week at your child’s school.
Becoming a WEBBY Dance Company owner is an engaging way for you to enter the world of private business, share your passion for dance with children, develop a partnership with your community, and build a future with a business that has potential to provide personal and financial independence.
We believe our business system offers a remarkable opportunity. Franchise owners of WEBBY Dance Company receive exceptional training and support. Since the classes are held on location, you can run the business from the comfort of your own home. This keeps the start-up costs down and ensures that your overhead is kept to a bare minimum, avoiding the time and expense involved in renting a studio.Ours is a family business and we are committed to your success. When you become a WEBBY Dance Company franchisee you'll receive all the training, materials, and support you need. We'll be communicating with you on a regular basis and keep you informed of the latest trends and developments.
We are the fastest growing mobile dance company.
About Nexgym
no longer franchising