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Below is an in-depth analysis and side-by-side comparison of Nexgym vs Jungle Sports 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 | N/A |
Franchise Fee | $30,000 | N/A |
Royalty Fee | 6% | - |
Advertising Fee | - | - |
Year Founded | 2005 | 2003 |
Year Franchised | 2006 | 0 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | 25% of franchise fee | - |
Business Experience Requirements |
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Experience | - | We are looking for people who love children and want to help them improve their health and fitness. Having access to funds to buy a Jungle Sports franchise is no guarantee of selection. We need to ensure only the right people join our franchise programme. We are looking for hardworking individuals or couples who are ready to enjoy the freedom of running their own franchise business with the leadership of Jungle Sports behind them. Perspective franchisees will need: *To be highly energetic, motivated and a passion to excel *Be fit and active with a love for sport *Have the ability to relate well to customers of all ages *Enjoy teaching children *A desire to assist, develop and grow the entire system for your benefit, your customer's benefit, and the benefit of the system as a whole. *The financial capacity to purchase the franchise and fund its start up period *The motivation and dedication to drive your new business to be the number one junior sports business in your area |
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 | - | Yes |
no longer franchising