| ||||
Updated RecentlyNexgym vs Funtopia Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Nexgym vs Funtopia including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $213,000 - $397,000 | $600,791 - $1,853,381 |
| Franchise Fee | $30,000 | $35,000 - $60,000 |
| Royalty Fee | 6% | 6% |
| Advertising Fee | - | 1% |
| Year Founded | 2005 | 2013 |
| Year Franchised | 2006 | 2015 |
| 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 | -/Yes |
| Inventory | No/No | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
||
| Training | * Available at headquarters: 2 weeks * At franchisee's location: 1 week | - |
| Support | - | Purchasing Co-ops Meetings/Conventions Grand Opening Field Operations |
| Marketing | - | Co-op Advertising National Media Regional Advertising |
| 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) | Number of Employees Required to Run: 40 - 80 |
Expansion Plans |
||
| US Expansion | Yes | - |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
About Nexgym
no longer franchising
About Funtopia
Funtopia is a unique concept for active entertainment. It combines sports with fun and brings them into entertainment and shopping centres. With challenges designed for visitors of all ages, every Funtopia Adventure Park is the family spot of choice.
Every Funtopia is built upon and always reflects our core values: Safe, Fun, Active, Courteous.
We strongly believe that active entertainment helps children and adults stay healthy and have fun in a shared experience.
It is one of our main goals to reveal the benefits of playing in an exciting and sporty environment where our customers are engaged in diverse physical and mental activities.
Every Funtopia is built upon and always reflects our core values: Safe, Fun, Active, Courteous.
We strongly believe that active entertainment helps children and adults stay healthy and have fun in a shared experience.
It is one of our main goals to reveal the benefits of playing in an exciting and sporty environment where our customers are engaged in diverse physical and mental activities.
The total investment necessary to begin operation of a small Funtopia Active Entertainment Center wall-climbing Active Entertainment Center franchise is $600,791 to $1,117,349. This includes from $434,055 to $498,790 which must be paid to the franchisor or its affiliate, as appropriate.
The total investment necessary to begin operation of a large Funtopia Active Entertainment Center wall-climbing Active Entertainment Center with option of café/food service inside the facility is $1,400,043 to $1,853,381. This includes from $717,441 to $1,010,625 which must be paid to the franchisor or its affiliate, as appropriate.