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Updated RecentlyMy Gym Children's Fitness Center vs High Altitude Personal Training Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of My Gym Children's Fitness Center vs High Altitude Personal Training including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $36,760 - $277,200 | $261,270 - $365,520 |
| Franchise Fee | $25,000 - $55,000 | $29,000 |
| Royalty Fee | 7%-8% | 6% |
| Advertising Fee | 1% | 3% |
| Year Founded | 1983 | 2009 |
| Year Franchised | 1995 | 2015 |
| Term Of Agreement | 12 years | - |
| Term Of Agreement | 12 years | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | If you have a true interest in or even a passion for fitness, then it is not necessary for you to have prior fitness industry experience. Having basic business and computer skills, plus sales and customer relations skills will also be a plus. You or your staff should have proper certifications and credentials to provide personal training services. We prefer owner-operators - or on-site managers - who can commit to the daily management of the business. We welcome single unit owners as well as qualified multi-unit owners. |
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Financing Options |
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| In-House/3rd Party | In-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 |
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| Training | On-The-Job Training: 40 hours Classroom Training: 19 hours | At a corporate location and onsite in your territory, as well as ongoing refresher training and business planning meetings. Modular headquarters-based training for up to 3 people total, lasting up to 18 days and covering sales, administration, personal training techniques and assessments, and much more. One of our representatives will spend up to seven days in two visits assisting you and your staff on-site at your gym. We'll also present you with a copy of our confidential operations manual to help you run your business properly on a day-to-day basis. |
| 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: including site selection, design and layout of your gym, equipment needs, and more. * Training: both at a corporate location and onsite in your territory, as well as ongoing refresher training and business planning meetings. * Marketing: including help with your Grand Opening campaign so you can hit the ground running. * Operations: a copy of our detailed confidential manual containing the procedures, processes, forms, and tactics you need to run an effective personal training franchise. * Technology: access to our proprietary management software, complete with online business and client management tools - including schedules, personalized progress plans and charts, billing and reporting, and more! |
| 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 |
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| US Expansion | Yes | - |
| Canada Expansion | No | - |
| International Expansion | Yes | - |
Company Overviews
About My Gym Children's Fitness Center
Veteran Incentives $10,000 off franchise fee
#202 in Franchise 500 for 2020.About High Altitude Personal Training
Aim High with a High Altitude Personal Training Individualized Group Fitness Franchise. In an already soaring market full of potential and growth, High Altitude Personal Training is dedicated to truly making a difference with its unique individualized group fitness franchise concept. The multi-billion dollar fitness industry is already huge, and it is expected to continue growing by double digits in the coming years - with increased demand for team and group training, in particular!** As a High Altitude Personal Training individualized group fitness franchise owner, you can take your business sky-high, as you leverage multiple potential revenue streams. You and your certified staff can provide fitness classes to a wide range of clients of various ages and fitness levels - through monthly memberships, single sessions, or even remote online personal training services. You can supplement personal fitness services with the sale of a variety of retail items, or you can provide individualized nutritional accountability sessions in certain cases. Most important, you can do it all with the support of an experienced, professional team that is committed to helping you, your staff, and your clients reach their full potential. We are looking for motivated, skilled entrepreneurs to help us meet the growing need for quality personal training and fitness classes in territories around the country. If you are ready to make a difference - in the lives of clients in your area, as well as in your own personal and professional life - then we invite you to explore the High Altitude Personal Training franchise program. With the guidance of our experienced team and our established business model, there has never been a better time or a better opportunity to own and operate your own fitness franchise. Find out more about how you can take your career - and your future - to the summit! Request more information today! In an already soaring market full of potential and growth, High Altitude Personal Training is dedicated to truly making a difference with its unique individualized group fitness franchise concept.