| ||||
Updated RecentlyNexgym vs PRO MARTIAL ARTS Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Nexgym vs PRO MARTIAL ARTS including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $213,000 - $397,000 | $142,750 - $199,550 |
| Franchise Fee | $30,000 | $49,000 |
| Royalty Fee | 6% | 7.5% |
| Advertising Fee | - | 1% |
| Year Founded | 2005 | - |
| Year Franchised | 2006 | - |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | 25% of franchise fee | - |
Business Experience Requirements |
||
| Experience | - | - |
Financing Options |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/No | -/- |
| Start-up Costs | No/No | -/- |
| Equipment | -/No | -/- |
| Inventory | No/No | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
||
| Training | * Available at headquarters: 2 weeks * At franchisee's location: 1 week | - |
| Support | - | - |
| Marketing | - | - |
| Operations | * 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 |
||
| US Expansion | Yes | - |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
About Nexgym
no longer franchising
About PRO MARTIAL ARTS
Ed Samane is the founder of the Grandmaster Samane's Karate System, its methods and the Pro Martial Arts franchise program. He began this unique instructional program in 1980 with the belief that karate should teach not only self-defense, but also character by helping to improve overall attitude, self-worth, fitness, assertiveness, and self-awareness in both children and adults. Grandmaster Samane has developed systems and methods for establishing, operating, and promoting successful karate school businesses that provide instruction and training in martial arts techniques, physical fitness techniques, and character-building education. Grandmaster Samane recognized early on that the karate school business provided a niche within the fitness industry and was ripe for innovation. Backed by more than 18 years of industry and entrepreneurial experience, he developed a unique and innovative business model that shifts the paradigm of martial arts instruction and allows people to work in the enjoyable and fast-growing fitness industry as independent business owners. NO PREVIOUS KARATE TRAINING OR BUSINESS EXPERIENCE IS NECESSARY TO QUALIFY FOR A PRO MARTIAL ARTS FRANCHISE.