My Gym Children's Fitness Center vs Bricks 4 Kidz Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of My Gym Children's Fitness Center vs Bricks 4 Kidz 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
Bricks 4 Kidz Franchise
Investment $36,760 - $277,200$17,625 - $75,975
Franchise Fee $25,000 - $55,000$27,500
Royalty Fee 7%-8%7%
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
Bricks 4 Kidz Franchise
Experience
  • Industry experience
  • General business experience
  • Marketing skills
    		• -

    Financing Options
     
    My Gym Children's Fitness Center Franchise
    Bricks 4 Kidz 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
    Bricks 4 Kidz Franchise
    Training On-The-Job Training: 40 hours Classroom Training: 19 hours One week comprehensive classroom and on-the-job training program at our corporate training.
    Support Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform Start Up Support * Territory analysis; * Guidance how to obtain contracts with public and private schools. Ongoing Support * 24/7 Telephone consultations with our franchisee support team. �Scheduled visits from Field Support Representatives. * Meetings, teleconferences and workshops designed to keep you informed and ahead of market needs.
    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
    Bricks 4 Kidz 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 Bricks 4 Kidz

    TURN YOUR DREAM INTO REALITY For many people, the dream of owning their own business is just that - a dream. But it doesn't need to be. With a BRICKS 4 KIDZ franchise you can turn your dream into a reality and be your own boss, create a new career, and begin enjoying the many benefits of business ownership.

    Bricks 4 Kidz offers a science franchise opportunity to individuals passionate about helping shape young minds without having to build a business from the ground up. We work across the United States and on an international scale to provide mobile, low cost, home-based business teaching opportunities promoting STEM principles. Our team of passionate leaders strives to prepare every child to master the necessary skills to thrive in this rapidly changing world.

    The main goal of our academic program is to transform how children solve problems, innovate, create, design and build to open the door to a brighter future. Bricks 4 Kidz develops programs designed to encourage students to make unique creations and solve problems using LEGO® Bricks. Our student-centric theme-based models and brick-building kits encourage students to engage in higher-level thinking educational play - all while having tons of fun!