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Updated RecentlyNexgym vs Knuckleheads Gym Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Nexgym vs Knuckleheads Gym including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $213,000 - $397,000 | $178,900 - $282,000 |
| Franchise Fee | $30,000 | N/A |
| Royalty Fee | 6% | - |
| Advertising Fee | - | - |
| Year Founded | 2005 | 2007 |
| Year Franchised | 2006 | 2008 |
| 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 Nexgym
no longer franchising
About Knuckleheads Gym
Knuckleheads Gym is a kid-friendly, colorful, well organized, and safe environment that provides Futuristic Fitness Training for children Our selection of specialized exercise equipment uses computer-generated devices � including virtual reality games and activity simulators � means there is something for every child to enjoy. Best of all, the interactive nature of our state-of-the art equipment actually makes kids enthusiastic about exercising! For more information on the Knuckleheads Gym franchise program contact us at 866-44-KNUCKLE.