Stretch-N-Grow vs Nexgym Franchise Comparison

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

Start-Up Costs and Fees
 
Stretch-N-Grow Franchise
Nexgym Franchise
Investment $23,600$213,000 - $397,000
Franchise Fee $18,600$30,000
Royalty Fee $150/mo.6%
Advertising Fee --
Year Founded 19922005
Year Franchised 19932006
Term Of Agreement -10 years
Term Of Agreement -10 years
Renewal Fee -25% of franchise fee


Business Experience Requirements
 
Stretch-N-Grow Franchise
Nexgym Franchise
Experience
  • Must have desire to work with children
    		• -

    Financing Options
     
    Stretch-N-Grow 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
     
    Stretch-N-Grow Franchise
    Nexgym Franchise
    Training -* Available at headquarters: 2 weeks

    * At franchisee's location: 1 week
    Support Newsletter, Meetings, Toll-free phone line, Internet-
    Marketing National media-
    Operations Franchise can be run from home.

    5% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 1

    Absentee ownership of franchise is NOT 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
     
    Stretch-N-Grow Franchise
    Nexgym Franchise
    US Expansion -Yes
    Canada Expansion No-
    International Expansion Yes-

    Company Overviews

    About Stretch-N-Grow

    Upon finding out that she was pregnant, fitness enthusiast Jill Manly began directing her attention to infant and early childhood fitness. Through her research, Manly discovered a lack of fitness in young children and decided to do something about it. In 1992, after developing a curriculum for her classes, Manly started Stretch-n-Grow in Galveston, Texas.
    Stretch-n-Grow has helped hundreds of people go into business for themselves while making a difference in the lives of children in their community since 1992!
    We specialize in fitness, dance, yoga, sports, gymnastics and music for kids at their schools.

    Each Stretch-n-Grow class is about 45 minutes long, with 30 minutes of exercise and 15 minutes of discussion. Classes are taught at child-care and recreation centers, elementary schools, YMCA and YWCA centers, Mothers' Day Out programs and Head Start facilities. Instructors also provide classes for after-school programs, birthday parties and sports camps.

    The company began franchising in 1993 and has locations in Canada, Australia, New Zealand, England, Ireland, and Hong Kong, as well as the United States.

    About Nexgym

    no longer franchising