My Gym Children's Fitness Center vs Taste Buds Kitchen Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of My Gym Children's Fitness Center vs Taste Buds Kitchen 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
Taste Buds Kitchen Franchise
Investment $36,760 - $277,200$302,195 - $375,225
Franchise Fee $25,000 - $55,000$45,000
Royalty Fee 7%-8%9%
Advertising Fee 1%1%
Year Founded 19832013
Year Franchised 19952013
Term Of Agreement 12 years-
Term Of Agreement 12 years-
Renewal Fee --


Business Experience Requirements

 
My Gym Children's Fitness Center Franchise
Taste Buds Kitchen Franchise
Experience
  • Industry experience
  • General business experience
  • Marketing skills
  • -

    Financing Options

     
    My Gym Children's Fitness Center Franchise
    Taste Buds Kitchen 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
    Taste Buds Kitchen 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
    Taste Buds Kitchen Franchise
    US Expansion YesYes
    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 Taste Buds Kitchen

    "Taste

    Taste Buds Kitchen specializes in fresh and unique cooking events. Our mission is to be the top culinary entertainment experience for kids and families by engaging and delighting our budding chefs in the kitchen. What began as a few holiday baking classes and cupcake making birthday parties, under the name Cupcake Kids!, quickly evolved into much more.
    Our culinary adventures now include an ever-growing variety of classes, parties, camps and special events that combine a well-balanced mix of engaging recipes, both savory and sweet, as we take to the kitchen to sprout taste buds and a good time. We’ve grown from a team of one to over twenty culinary professionals excited to bring cooking adventures to our clients. We support kids, families and food and strive to create a lifestyle around connecting, learning and growing in the culinary playgroup of the kitchen. Be sure to visit our Kitchen Studio in Chelsea and check our out retail outpost at the Flagship FAO Schwar.
    Taste Buds Kitchen is proclaimed the “Best Kids Cooking Class” by New York Magazine and featured as the must try activity by CBS, NBC, The Wall Street Journal, Fox News, The New York Times, Hampton Magazine and more.