| ||||
Updated RecentlyThe Little Gym vs HipKidz Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of The Little Gym vs HipKidz including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $174,900 - $456,500 | $250,000 |
| Franchise Fee | $39,500 - $59,500 | $20,000 |
| Royalty Fee | 8% | 7% |
| Advertising Fee | 1% | - |
| Year Founded | 1976 | 2006 |
| Year Franchised | 1992 | 2010 |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | - | - |
Business Experience Requirements |
||
| Experience | - | |
Financing Options |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/No | -/- |
| Start-up Costs | No/Yes | -/- |
| Equipment | No/Yes | -/- |
| Inventory | No/Yes | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
||
| Training | On-The-Job Training: 55 hours Classroom Training: 100 hours Additional Training: At existing franchise location | - |
| Support | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform | - |
| Marketing | Ad Templates National Media Social media SEO Website development Email marketing | - |
| Operations |
International franchisees required to buy multiple units/master licenses Number of employees needed to run franchised unit: 5 - 7
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
||
| US Expansion | Yes | - |
| Canada Expansion | No | No |
| International Expansion | Yes | No |
Company Overviews
About The Little Gym
After teaching grade school in public schools for years, Robin Wes used his physical education, psychology and motor development degrees to open The Little Gym in 1976. Although it started out focusing on physical education, the program has evolved to focus on children's intellectual and social development as well.
Today Little Gym offers programs for various age levels, including Parent & Child, Developmental Gymnastics, Karate and Sports Skills Development.
Franchises also hold birthday parties, summer camps, Creative Crafts Adventures and Parent's Survival Nights.
The total investment necessary to begin operation of a The Little Gym
franchise with a Standard Territory is $223,400 to $456,500. This
includes $139,500 to $175,500 that must be paid to the franchisor or
their affiliates.
The total investment necessary to begin operation of a
The Little Gym franchise with a Medium Market Territory is $174,900 to
$392,000. This includes $114,500 to $141,500 that must be paid to the
franchisor or their affiliates.
If you elect to begin operation of a Multi-Unit Area Development, the additional costs for the estimated
initial investment is $133,875 to $148,750 which must be paid to the
franchisor.
Veteran Incentives 50% off franchise fee
#179 in Franchise 500 for 2020.About HipKidz
Chidren's Sports and Fitness centre for kids between the ages of 5-13 and is pretty high tech but great fun. The Process of Franchising will commence in Autumn 2010. To register your interest please email us at [email protected]