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Updated RecentlyNexgym vs Funkey Kids Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Nexgym vs Funkey Kids including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $213,000 - $397,000 | $50,000 - $100,000 |
| Franchise Fee | $30,000 | N/A |
| Royalty Fee | 6% | - |
| Advertising Fee | - | - |
| 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 |
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| Experience | - | - |
Financing Options |
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| 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 |
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| 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 |
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| US Expansion | Yes | - |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
About Nexgym
no longer franchising
About Funkey Kids
Fun is Key to Physical Literacy at Funkey Kids! Our goal is to teach
children the fundamental movement skills needed to participate in all
kinds of physical activities! Funkey Kids offer professional, exciting programs
for children ages 1-12 years old. Funkey Kids offers an exciting business opportunity to franchisees.
Funkey Kids has a variety of programs and classes all over Ontario. We provide our professional programs to Day Care Centres, Montessori Schools, Private and Public Schools and Recreation Centres!