| ||||
Updated RecentlyNexgym vs FLIP OUT Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Nexgym vs FLIP OUT including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $213,000 - $397,000 | $450,000 - And Up |
| Franchise Fee | $30,000 | $50,000 |
| Royalty Fee | 6% | - |
| Advertising Fee | - | - |
| Year Founded | 2005 | 2012 |
| Year Franchised | 2006 | 2013 |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | 25% of franchise fee | - |
Business Experience Requirements |
||
| Experience | - | - |
Financing Options |
||
| 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 |
||
| Training | * Available at headquarters: 2 weeks * At franchisee's location: 1 week | 1 week on the job training provided. |
| 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 |
||
| US Expansion | Yes | - |
| Canada Expansion | - | - |
| International Expansion | - | Yes |
Company Overviews
About Nexgym
no longer franchising
About FLIP OUT
Trampolines are a great Australian piece of entertainment, for most of us some of our first memories as a child involved a backyard trampoline. Jumping with friends, trying tricks or putting a sprinkler on the trampoline always made for a great summer treat and memories of lying on a trampoline at night under the stars was a great way to end a day. Well there is a new Flip Out Phenomenon coming to town. People of all ages get ready for the newest and most exciting entertainment that is Flip Out.
It's Australia's Largest Trampoline Arena with over 600 sqr metres of jumping area to accommodate over 60 jumpers at once. Arenas are compatible for outdoors or indoor use. There is a Flip Out coming to your town soon as Flip Out owner Brent Grundy has confirmed that he has financially committed himself to 80 Flip Out Super Trampolines to hit the Australian market over the next 24 months. The big question is who wants to be responsible for bringing the Flip Out fun to your town?