Head Over Heels vs Nexgym Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Head Over Heels vs Nexgym including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Head Over Heels Franchise
Nexgym Franchise
Investment $40,000$213,000 - $397,000
Franchise Fee $25,000$30,000
Royalty Fee 6.5%6%
Advertising Fee --
Year Founded 19902005
Year Franchised 19932006
Term Of Agreement -10 years
Term Of Agreement -10 years
Renewal Fee -25% of franchise fee


Business Experience Requirements

 
Head Over Heels Franchise
Nexgym Franchise
Experience --

Financing Options

 
Head Over Heels Franchise
Nexgym Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/NoNo/No
Start-up Costs No/NoNo/No
Equipment No/No-/No
Inventory No/NoNo/No
Receivables No/NoNo/No
Payroll No/NoNo/No

Training & Support

 
Head Over Heels Franchise
Nexgym Franchise
Training Available at headquarters, Available at franchisee's location* Available at headquarters: 2 weeks

* At franchisee's location: 1 week

Support Newsletter, Grand opening, Internet-
Marketing Ad slicks-
Operations Franchise can be run from home.

0% of all franchisees own more than one unit

Number of employees needed to run franchised unit: 3

Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

* 0% of all franchisees own more than one unit

* Number of employees needed to run franchised unit: 10

* Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)


Expansion Plans

 
Head Over Heels Franchise
Nexgym Franchise
US Expansion -Yes
Canada Expansion No-
International Expansion No-

Company Overviews

About Head Over Heels

Based in Birmingham, Alabama, Head Over Heels began in 1979 and started franchising in 1993 and is independently owned and operated by Craig and Ann Williams. They are highly respected in the gymnastics community for their dedication and expertise in the sport as well as working with children of all ages and abilities; together they have attracted and trained a first-class staff who is admired and loved by all. We continue to grow each year by adding new, cutting edge programs to our curriculum that children, parents and staff love. We are committed to providing the best in children’s gymnastics and related activities, health and fitness in addition to providing opportunities for personal growth and development.

About Nexgym

no longer franchising