Nexgym vs Kids in Sports Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Nexgym vs Kids in Sports including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Nexgym Franchise
Kids in Sports Franchise
Investment $213,000 - $397,000$202,750 - $331,250
Franchise Fee $30,000$35,000
Royalty Fee 6%7%
Advertising Fee -1%
Year Founded 2005-
Year Franchised 2006-
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee 25% of franchise fee-


Business Experience Requirements
 
Nexgym Franchise
Kids in Sports Franchise
Experience --

Financing Options
 
Nexgym Franchise
Kids in Sports Franchise
  In-House/3rd PartyIn-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
 
Nexgym Franchise
Kids in Sports Franchise
Training * Available at headquarters: 2 weeks

* At franchisee's location: 1 week

-
Support -

We have a comprehensive franchise training and support program. You will have full support from our experienced team with: *Site selection and build-out assistance *Marketing and advertising programs that help you build brand awareness in your local market area *Sales tools and customer service programs to enroll students and keep them coming back *Franchise training programs that enable you to operate your business with confidence from day one *On-going enhancements to our proprietary IT system to keep you up-to-date in managing and growing your business *On-going support and coaching from Michael, Ken and the Kids In Sports team

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
 
Nexgym Franchise
Kids in Sports Franchise
US Expansion YesYes
Canada Expansion --
International Expansion --

Company Overviews

About Nexgym

no longer franchising

About Kids in Sports

Kids in Sports was started in 1999 in New York City by Michael Strutt and Kenneth Colon whose passion for sports and coaching led them to design programs that teach children ages 12 months to 12 years the fundamentals of sports in a safe, fun, friendly and supportive environment. In addition to the basic rules and skills of sports children learn sportsmanship, teamwork, respect and communication - the building blocks for young athletes. Recently Mike and Kenny - interested in expanding their program - developed their franchise concept. Their goal is to team up with qualified people that will bring the same passion and energy for operating a children's sports program as they always have. Mike and Kenny and their team are managing all support of their franchisees. Kids In Sports is positioned to be a leader in the area of Children's Sports instructional programs and look forward to expanding their successful brand. Today Kids In Sports is a thriving business operating out of a storefront location on New York's Upper East Side, along with several satellite locations. We teach the fundamentals of Baseball, Basketball, Football, Floor Hockey, Lacrosse, Soccer and Volleyball through our Multi-Sport or Sport Specific Classes. We also offer a Pre-School Athletes Program which is a combination of Sports and Education; many of our families use this program as a Pre-School alternative. Additionally Kids in Sports offer weekly camps throughout the summer and Holiday breaks during the year. We also host Birthday Parties and School Picnics The goal is to team up with qualified people that will bring the same passion and energy for operating a children's sports program as they always have. Mike and Kenny and their team are managing all support of their franchisees. Kids In Sports is positioned to be a leader in the area of Children's Sports instructional programs and look forward to expanding their successful brand.
 
Veteran Incentives  10% off franchise fee