My Gym Children's Fitness Center vs Young Masters Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of My Gym Children's Fitness Center vs Young Masters 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
Young Masters Franchise
Investment $36,760 - $277,200$10,000 - $28,275
Franchise Fee $25,000 - $55,000$4,875 - $9,750
Royalty Fee 7%-8%-
Advertising Fee 1%-
Year Founded 19832005
Year Franchised 19952008
Term Of Agreement 12 years-
Term Of Agreement 12 years-
Renewal Fee --


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

    Financing Options
     
    My Gym Children's Fitness Center Franchise
    Young Masters Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/Yes-/-
    Start-up Costs No/Yes-/-
    Equipment No/Yes-/-
    Inventory No/Yes-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support
     
    My Gym Children's Fitness Center Franchise
    Young Masters 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 -
    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
     
    My Gym Children's Fitness Center Franchise
    Young Masters Franchise
    US Expansion Yes-
    Canada Expansion No-
    International Expansion Yes-

    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 Young Masters

    If you have always wanted to be your own boss in a business that helps others, especially children, and your dream is to combine your passion with your profession, then owning a Young Masters franchise may be just what you've been looking for.Young Masters is a unique and exciting program that showcases a child's artwork on timeless keepsakes such as coffee mugs, puzzles, magnets, coasters, aprons and other items for the home or office. Working from Home, our franchisees operate a proven, Low Overhead business that generates Immediate Cash Flow with No Royalty Payments. Young Masters franchisees are highly motivated, work well with children, and strive for success. A Turnkey, Proven Business System Awaits YouYoung Masters offers a systemized, turnkey operating system, high quality proprietary products, cutting-edge business development tools and comprehensive training and support programs to qualified individuals who want to be part of this growing industry. You do not need previous experience to join us. Some of the benefits of joining us include - Low overhead * Immediate potential cash flow * Set your own prices * No royalties * Quick and reliable turnaround time * Support * Training Take the next step now! Tell us where to send you additional ownership information including support and training, financing options, available locations and more. Please give us a call today. 1-877-741-0096