My Gym Children's Fitness Center vs My Very Own Adventure! Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of My Gym Children's Fitness Center vs My Very Own Adventure! 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
My Very Own Adventure! Franchise
Investment $36,760 - $277,200$7,495 - $19,995
Franchise Fee $25,000 - $55,000N/A
Royalty Fee 7%-8%$2.00/DVD
Advertising Fee 1%-
Year Founded 1983-
Year Franchised 1995-
Term Of Agreement 12 years-
Term Of Agreement 12 years-
Renewal Fee --


Business Experience Requirements
 
My Gym Children's Fitness Center Franchise
My Very Own Adventure! Franchise
Experience
  • Industry experience
  • General business experience
  • Marketing skills
    		• General business experience. Computer, video, and photography experience is helpful.

    Financing Options
     
    My Gym Children's Fitness Center Franchise
    My Very Own Adventure! 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
    My Very Own Adventure! 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 Setup Manual Operations Manual Online support via e-mail, website FAQ Phone support Newsletter Marketing materials (at cost)
    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)

    		Business model can be run from home, only if being used to schedule on-location events. Licensee can own more than one unit. System can be operated by one person.

    Expansion Plans
     
    My Gym Children's Fitness Center Franchise
    My Very Own Adventure! Franchise
    US Expansion Yes-
    Canada Expansion No-
    International Expansion YesYes

    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 My Very Own Adventure!

    Complete Turnkey Personalized Video Studio "My Very Own Adventure!" is a unique green screen video product that lets people of all ages star in their own cartoon or video. By using our patent-pending green screen technology, we're able to superimpose your full body into the video of your choice. Your customers can experience movie magic and star in their own video by acting out scenes on the green screen stage. Anyone can drive a race car, beat up ninjas, fight off a hoard of zombies, escape from a spooky manor, or even play hockey. We currently offer 15 great Adventures to choose from, both live action and cartoon animation for all ages! In only five minutes, customers can get their own personalized take-home DVD.