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Updated RecentlyMonkey Bizness vs Nexgym Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Monkey Bizness 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 | $350,000 - $585,000 | $213,000 - $397,000 |
| Franchise Fee | $30,000 | $30,000 |
| Royalty Fee | - | 6% |
| Advertising Fee | - | - |
| Year Founded | 2003 | 2005 |
| Year Franchised | 2006 | 2006 |
| Term Of Agreement | - | 10 years |
| Term Of Agreement | - | 10 years |
| Renewal Fee | - | 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 |
| Start-up Costs | -/- | No/No |
| Equipment | -/- | -/No |
| Inventory | -/- | No/No |
| Receivables | -/- | No/No |
| Payroll | -/- | No/No |
Training & Support |
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| Training | - | * Available at headquarters: 2 weeks * At franchisee's location: 1 week |
| Support | - | - |
| Marketing | - | - |
| 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 |
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| US Expansion | - | Yes |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
About Monkey Bizness
Monkey Bizness is an exciting concept in children's amusement where kids truly can 'monkey around'! With colorful, interactive and exciting play structures of all shapes and sizes, kids will never get bored of climbing, bouncing, swinging, sliding and basically-going bananas! We believe in providing wholesome, activity based facilities to get kids off the couch and exercising their bodies and minds. That's why you'll never find video games at Monkey Bizness, only the latest in super fun, super exciting interactive inflatables, play structures,climbing walls, and games. And, don't forget the toddlers' we've got a separate section just for the little ones. A successful franchise doesn't need to have a big name, after all, what does a big name mean to you if you don't have the freshest concept, best support and the ability to keep your facility up to date and competitive. Monkey Bizness started with the idea that in order to grow and remain competitive, we needed facilities that could constantly evolve, grow, and keep customers coming back year after year. We developed our slogan 'where kids monkey around' because we will always be a fun, exciting place for kids and parents to play, regardless of the attractions in our play rooms. We have developed relationships with equipment manufacturers in various industries to design the most physically exciting and visually stimulating equipment for our facilities, all the while keeping an eye out for what's next on the horizon to keep our concept fresh. Ultimately, that's the name of the game in children's amusement. And that is what we offer as a franchisor, a progressive business model that has proven itself against the industry's top competitors. So, you can choose a bigger name, but at the end of the day, wouldn't you rather choose a business model that brings kids through the door, not accolades from the latest business publication?
About Nexgym
no longer franchising