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Below is an in-depth analysis and side-by-side comparison of Nexgym vs Kidbus LLC 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 | $50,000 - $70,000 |
Franchise Fee | $30,000 | N/A |
Royalty Fee | 6% | - |
Advertising Fee | - | - |
Year Founded | 2005 | 2016 |
Year Franchised | 2006 | 2018 |
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 | -At Licensee's Location -Manual Provided |
Support | - | -Advertising/Marketing -Sales Leads -Technical Support -Phone 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) | - Business can be run from home. - Business can be run part-time. |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | - | - |
International Expansion | - | - |
no longer franchising
The KIDBUS is a fast growing new company. Our goal is to make everyone smile. From the zip line, roller coaster, rock wall, karaoke, basketball, tunnels, to the ball pit, your child will have a long lasting memory of their experience on the KIDBUS. There is nothing like this bus around. All the amenities have been custom made. The second bus has been completed. The 3rd is in the works!!!!