|
Below is an in-depth analysis and side-by-side comparison of My Gym Children's Fitness Center vs Club Scientific including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $36,760 - $277,200 | $55,825 - $89,220 |
Franchise Fee | $25,000 - $55,000 | $20,000 |
Royalty Fee | 7%-8% | 6% |
Advertising Fee | 1% | 1% |
Year Founded | 1983 | 1997 |
Year Franchised | 1995 | 2007 |
Term Of Agreement | 12 years | 5 years +5 |
Term Of Agreement | 12 years | 5 years +5 |
Renewal Fee | - | no fee |
Business Experience Requirements |
||
Experience | �General business experience and College Degree �Experience working with children | |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | No/No |
Start-up Costs | No/Yes | No/No |
Equipment | No/Yes | No/No |
Inventory | No/Yes | No/No |
Receivables | No/No | No/No |
Payroll | No/No | No/No |
Training & Support |
||
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 | Meetings, Online registration and management, Grand opening, Internet, Security/safety procedures, Field operations/evaluations Marketing Ad slicks, branded e-mail marketing. Marketing manual. |
Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing | - |
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 |
||
US Expansion | Yes | Yes |
Canada Expansion | No | - |
International Expansion | Yes | Yes |
A Unique Opportunity to Enrich the Lives of Children in Your Community!
Since 1997, Club Scientific, LLC has been in the business of providing children with structured science-themed activities in a fun and nurturing environment. During that time, our company has evolved with new enrichment opportunities, innovative curriculum, and a proven model of success. Our team has its sights on the future and the future looks quite exciting!Club Scientific, LLC, is looking for franchisees that share our commitment in providing a high quality science enrichment programs that promotes an interest in science and technology through experiments and projects that are hands-on and fun.
Your Club Scientific Franchise represents a unique business opportunity: family oriented, great business potential, a modest investment, booming child enrichment demand, and the on-going support of a professional franchisor that is focused on your success.