EncouraGym vs Monkey Joe's Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of EncouraGym vs Monkey Joe's including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
EncouraGym Franchise
Monkey Joe's Franchise
Investment $25,600 - $69,400$918,088 - $1,484,129
Franchise Fee $10,500$40,000
Royalty Fee 6%5%
Advertising Fee -2%-3%
Year Founded 20012004
Year Franchised 20042005
Term Of Agreement 5 years10 years
Term Of Agreement 5 years10 years
Renewal Fee 10% of current franchise fee0


Business Experience Requirements
 
EncouraGym Franchise
Monkey Joe's Franchise
Experience
  • General business experience
  • Marketing skills
  • Desire to work with children
    		• -

    Financing Options
     
    EncouraGym Franchise
    Monkey Joe's Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees Yes/YesNo/Yes
    Start-up Costs No/YesNo/Yes
    Equipment No/YesNo/Yes
    Inventory No/YesNo/Yes
    Receivables No/NoNo/Yes
    Payroll No/NoNo/Yes

    Training & Support
     
    EncouraGym Franchise
    Monkey Joe's Franchise
    Training --
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations-
    Marketing Ad slicks-
    Operations 0% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 4 - 8

    Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

    		-

    Expansion Plans
     
    EncouraGym Franchise
    Monkey Joe's Franchise
    US Expansion Yes-
    Canada Expansion NoNo
    International Expansion YesNo

    Company Overviews

    About EncouraGym

    Interested in a program for your home, church, school, or daycare? Don't invest $20,000 to $50,000 BEFORE you see what the others have to offer. EncouraGYM makes it possible to START YOUR OWN PROGRAM using our acclaimed lesson plans.
    Stop DREAMING and START LIVING your dreams.

    About Monkey Joe's

     When you become a Monkey Joe's franchisee, you'll benefit from our help every step of the way. Our experts will provide training and ongoing support to help you successfully build your business. We assist and support all franchisees with:

     Site Selection
    Store Build-Out and Consultation
    Finance Package
    Equipment Package
    Complete Training Program
    Operations Manual and Ongoing Support
    Marketing and Public Relations Support