Skyhawks vs Nexgym Franchise Comparison

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

Start-Up Costs and Fees
 
Skyhawks Franchise
Nexgym Franchise
Investment $30,800 - $94,500$213,000 - $397,000
Franchise Fee $17,500 - $42,500$30,000
Royalty Fee 9% -6%6%
Advertising Fee --
Year Founded 19792005
Year Franchised 20072006
Term Of Agreement 7 years10 years
Term Of Agreement 7 years10 years
Renewal Fee -25% of franchise fee


Business Experience Requirements
 
Skyhawks Franchise
Nexgym Franchise
Experience --

Financing Options
 
Skyhawks Franchise
Nexgym Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/YesNo/No
Start-up Costs -/YesNo/No
Equipment -/Yes-/No
Inventory -/YesNo/No
Receivables -/-No/No
Payroll -/-No/No

Training & Support
 
Skyhawks Franchise
Nexgym Franchise
Training On-The-Job Training: 24 hours Classroom Training: 16 hours Additional Training: Software training * Available at headquarters: 2 weeks

* At franchisee's location: 1 week
Support Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software -
Marketing Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app -
Operations Absentee Ownership Allowed Number of Employees Required to Run: 1 - 7* 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
 
Skyhawks Franchise
Nexgym Franchise
US Expansion YesYes
Canada Expansion --
International Expansion Yes-

Company Overviews

About Skyhawks

Since 1979, over 1,000,000 children have participated in a Skyhawks program! Skyhawks is the nation's leader in sports programs for children. Skyhawks is a brand with national exposure and appeal - and offers a dependable and rewarding business to own. With the Skyhawks system, franchisees will teach children and young adults meaningful life lessons through athletics. Franchisees will have exclusive territories to operate athletic camps and programs in a variety of sports for local schools, park and recreation departments, and other community-based organizations - wherever children are found.
Skyhawks has developed a system to sell its services, market its programs, and hire and train employees to implement those programs.
The Skyhawks Program is founded upon a coaching philosophy and methodology that have evolved and been fine-tuned for over 25 years.
The Skyhawks Program also includes marketing strategies and the technology to manage events, marketing, and staff,
all of which are clearly outlined in the Skyhawks Confidential Operations Manual.

The total investment necessary to begin operation of a Skyhawks franchised business is between $30,800 and $71,750. This includes $17,500 to $42,500 that must be paid to the franchisor or its affiliate(s).
The total investment necessary to begin operation of a Skyhawks franchised business with one additional territory is between $41,650 and $94,500. This includes $28,350 to $65,250 that must be paid to the franchisor or its affiliate(s).
Veteran Incentives  30% off franchise fee
"Entrepreneur
#217 in Franchise 500 for 2020.
#137 in Franchise 500 for 2021.





About Nexgym

no longer franchising