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Below is an in-depth analysis and side-by-side comparison of Club Scientific 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 | $55,825 - $89,220 | $213,000 - $397,000 |
Franchise Fee | $20,000 | $30,000 |
Royalty Fee | 6% | 6% |
Advertising Fee | 1% | - |
Year Founded | 1997 | 2005 |
Year Franchised | 2007 | 2006 |
Term Of Agreement | 5 years +5 | 10 years |
Term Of Agreement | 5 years +5 | 10 years |
Renewal Fee | no fee | 25% of franchise fee |
Business Experience Requirements |
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Experience | �General business experience and College Degree �Experience working with children | - |
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 | - | * Available at headquarters: 2 weeks * At franchisee's location: 1 week |
Support | Meetings, Online registration and management, Grand opening, Internet, Security/safety procedures, Field operations/evaluations Marketing Ad slicks, branded e-mail marketing. Marketing manual. | - |
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 | Yes |
Canada Expansion | - | - |
International Expansion | Yes | - |
A Unique Opportunity to Enrich the Lives of Children in Your Community!
Since 1997, Club Scientific, LLC has been in the business of providing children with structured science-themed activities in a fun and nurturing environment. During that time, our company has evolved with new enrichment opportunities, innovative curriculum, and a proven model of success. Our team has its sights on the future and the future looks quite exciting!Club Scientific, LLC, is looking for franchisees that share our commitment in providing a high quality science enrichment programs that promotes an interest in science and technology through experiments and projects that are hands-on and fun.
Your Club Scientific Franchise represents a unique business opportunity: family oriented, great business potential, a modest investment, booming child enrichment demand, and the on-going support of a professional franchisor that is focused on your success.
no longer franchising