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Updated RecentlyNexgym vs Taste Buds Kitchen Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Nexgym vs Taste Buds Kitchen 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 | $302,195 - $375,225 |
| Franchise Fee | $30,000 | $45,000 |
| Royalty Fee | 6% | 9% |
| Advertising Fee | - | 1% |
| Year Founded | 2005 | 2013 |
| Year Franchised | 2006 | 2013 |
| 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 | Yes |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
About Nexgym
no longer franchising
About Taste Buds Kitchen
!["Taste]("https://fddexchange.com/wp-content/uploads/2020/05/Taste-Buds-300x94.png")
Taste Buds Kitchen specializes in fresh and unique cooking events. Our mission is to be the top culinary entertainment experience for kids and families by engaging and delighting our budding chefs in the kitchen.
What began as a few holiday baking classes and cupcake making birthday parties, under the name Cupcake Kids!, quickly evolved into much more.
Our culinary adventures now include an ever-growing variety of classes, parties, camps and special events that combine a well-balanced mix of engaging recipes, both savory and sweet, as we take to the kitchen to sprout taste buds and a good time.
We’ve grown from a team of one to over twenty culinary professionals excited to bring cooking adventures to our clients. We support kids, families and food and strive to create a lifestyle around connecting, learning and growing in the culinary playgroup of the kitchen. Be sure to visit our Kitchen Studio in Chelsea and check our out retail outpost at the Flagship FAO Schwar.
Taste Buds Kitchen is proclaimed the “Best Kids Cooking Class” by New York Magazine and featured as the must try activity by CBS, NBC, The Wall Street Journal, Fox News, The New York Times, Hampton Magazine and more.