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Updated RecentlyHead 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 |
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| Investment | $40,000 | $213,000 - $397,000 |
| Franchise Fee | $25,000 | $30,000 |
| Royalty Fee | 6.5% | 6% |
| Advertising Fee | - | - |
| Year Founded | 1990 | 2005 |
| Year Franchised | 1993 | 2006 |
| Term Of Agreement | - | 10 years |
| Term Of Agreement | - | 10 years |
| Renewal Fee | - | 25% of franchise fee |
Business Experience Requirements |
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| Experience | - | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/No | No/No |
| Start-up Costs | No/No | No/No |
| Equipment | No/No | -/No |
| Inventory | No/No | No/No |
| Receivables | No/No | No/No |
| Payroll | No/No | No/No |
Training & Support |
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| 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 |
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| 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