Nexgym vs Knuckleheads Gym Franchise Comparison

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

Start-Up Costs and Fees

 
Nexgym Franchise
Knuckleheads Gym Franchise
Investment $213,000 - $397,000$178,900 - $282,000
Franchise Fee $30,000N/A
Royalty Fee 6%-
Advertising Fee --
Year Founded 20052007
Year Franchised 20062008
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee 25% of franchise fee-


Business Experience Requirements

 
Nexgym Franchise
Knuckleheads Gym Franchise
Experience --

Financing Options

 
Nexgym Franchise
Knuckleheads Gym Franchise
  In-House/3rd PartyIn-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

 
Nexgym Franchise
Knuckleheads Gym Franchise
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)

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Expansion Plans

 
Nexgym Franchise
Knuckleheads Gym Franchise
US Expansion Yes-
Canada Expansion --
International Expansion --

Company Overviews

About Nexgym

no longer franchising

About Knuckleheads Gym

Knuckleheads Gym is a kid-friendly, colorful, well organized, and safe environment that provides Futuristic Fitness Training for children Our selection of specialized exercise equipment uses computer-generated devices � including virtual reality games and activity simulators � means there is something for every child to enjoy. Best of all, the interactive nature of our state-of-the art equipment actually makes kids enthusiastic about exercising! For more information on the Knuckleheads Gym franchise program contact us at 866-44-KNUCKLE.