My Gym Children's Fitness Center vs Fun Bus Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of My Gym Children's Fitness Center vs Fun Bus including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
My Gym Children's Fitness Center Franchise
Fun Bus Franchise
Investment $36,760 - $277,200$85,500 - $160,500
Franchise Fee $25,000 - $55,000$25,000
Royalty Fee 7%-8%7%
Advertising Fee 1%-
Year Founded 19832000
Year Franchised 19952003
Term Of Agreement 12 years5 years
Term Of Agreement 12 years5 years
Renewal Fee -50% of current franchise fee


Business Experience Requirements
 
My Gym Children's Fitness Center Franchise
Fun Bus Franchise
Experience
  • Industry experience
  • General business experience
  • Marketing skills
    		• -

    Financing Options
     
    My Gym Children's Fitness Center Franchise
    Fun Bus Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/YesNo/No
    Start-up Costs No/YesNo/No
    Equipment No/YesNo/No
    Inventory No/YesNo/No
    Receivables No/NoNo/No
    Payroll No/NoNo/No

    Training & Support
     
    My Gym Children's Fitness Center Franchise
    Fun Bus Franchise
    Training On-The-Job Training: 40 hours Classroom Training: 19 hours -
    Support Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
    Marketing Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Co-op advertising, Ad slicks
    Operations 20% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 6 - 10

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

    		-

    Expansion Plans
     
    My Gym Children's Fitness Center Franchise
    Fun Bus Franchise
    US Expansion Yes-
    Canada Expansion NoNo
    International Expansion YesNo

    Company Overviews

    About My Gym Children's Fitness Center

    Welcome to the exciting business of children's gyms! The timing is right The children's fitness industry offers a vast marketplace where the potential has now become even greater because of school budget cuts, decreasing opportunities for safe play in parks and neighborhoods, and the appalling state of the physical fitness of our youth. Millions of our children are overweight, inactive and below minimum standards for strength, flexibility and endurance. The need for more children's gyms is apparent, and the field offers an abundance of opportunities to those who love children.
    Improve the lives of children Our innovative and carefully structured programs, along with our ideal student/teacher ratio and noncompetitive atmosphere, allow children to discover what great things they can accomplish. My Gym Kids have so much fun developing strength, balance, coordination, agility, flexibility, fine and gross motor proficiency, social skills and self-esteem as they run, jump, tumble, dance and sing.
    Be your own boss Our franchisees derive real satisfaction from running a business
    that promotes the physical and emotional health of our world's most precious resource, our children.
    Veteran Incentives  $10,000 off franchise fee
    #202 in Franchise 500 for 2020.

    About Fun Bus

    It's more than an bus. It's an experience...Fun Bus is THE children's "FUN Fitness Program", with a low-cost, highly profitable operating system offering a FUN time, FUN talk and a FUN experience for everyone. The Company's foundation is solid and based on our experienced and dedicated people. We are the first to make this type of business affordable, and for that reason, our group of Franchisees will be at the forefront of an industry that just now is coming into its own. Presidents Message The children's fitness industry has exploded over the last few years and will continue to grow at a very fast pace. Our franchise package has been developed and designed to respond to childrens' wants and expectations when it comes to fun in a wholesome SAFE place. We are a new industry much like the sub sandwich shops industry was 15 years ago. As a Fun Bus Franchisee you will be in on the ground floor and staking your claim in this billion dollar industry. The Friendship Factory commitment to value and concern for safety will give you the foundation you could not possibly get - until now! A Dynamic Plan for Your Growth. By focusing our energies on quality, Fun Bus operating plan is enabling our Franchisees to increase sales, lower costs and increase cash flow, placing you in an even stronger position to succeed. In Numbers there is Strength. By becoming one of our Franchisees, you join an elite group chosen for their ability, knowledge, and a sincere desire to grow professionally. By grouping together, the benefit of numbers takes effect. This tremendous power gives you the advantage in purchasing and advertising. This strength is more important today than ever before.