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Updated RecentlyPee Wee Workout vs Nexgym Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Pee Wee Workout 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 | $18,000 | $213,000 - $397,000 |
| Franchise Fee | $15,000 | $30,000 |
| Royalty Fee | 10% | 6% |
| Advertising Fee | - | - |
| Year Founded | 1986 | 2005 |
| Year Franchised | 1988 | 2006 |
| Term Of Agreement | 5 years | 10 years |
| Term Of Agreement | 5 years | 10 years |
| Renewal Fee | $250 | 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 | Video-based training program | * Available at headquarters: 2 weeks * At franchisee's location: 1 week |
| Support | Newsletter, Toll-free phone line, Internet, Purchasing cooperatives | - |
| Marketing | Ad slicks | - |
| 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 | Yes | - |
Company Overviews
About Pee Wee Workout
About Nexgym
no longer franchising