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Updated RecentlyMy Gym Children's Fitness Center Franchise
Children's fitness centers
The timing is right
The children's fitness industry offers a vast marketplace where the potential has now become even greater because of school budget cuts, decreasing opportunities for safe play in parks and neighborhoods, and the appalling state of the physical fitness of our youth. Millions of our children are overweight, inactive and below minimum standards for strength, flexibility and endurance. The need for more children's gyms is apparent, and the field offers an abundance of opportunities to those who love children.
Improve the lives of children
Our innovative and carefully structured programs, along with our ideal student/teacher ratio and noncompetitive atmosphere, allow children to discover what great things they can accomplish. My Gym Kids have so much fun developing strength, balance, coordination, agility, flexibility, fine and gross motor proficiency, social skills and self-esteem as they run, jump, tumble, dance and sing.
Our franchisees derive real satisfaction from running a business
Veteran Incentives $10,000 off franchise fee
#202 in Franchise 500 for 2020.It's time to give yourself permission to build your days around what's important to you! You're in Control!
For more information, complete our FREE FRANCHISE ADVICE form!
How much does it cost to open a My Gym Children's Fitness Center Franchise?
The investment required to open a My Gym Children's Fitness Center Franchise is between $36,760-$277,200. There is an initial franchise fee of $25,000-$55,000 which grants you the license to run a business under the My Gym Children's Fitness Center name.
Individual Unit Costs
- Initial Investment:
$36,760-$277,200 - Initial Franchise Fee:
$25,000-$55,000 - Royalty Fee:
7%-8% - Advertising Fee:
1% - Term of Agreement:
12 years
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My Gym Children's Fitness Center News & Press Releases
When did My Gym Children's Fitness Center start Franchising? 1995
United States: Nationwide
International: Worldwide
| Expense | In-House | Third Party |
|---|---|---|
| Franchise Fee | No | Yes |
| Startup Costs | No | Yes |
| Equipment | No | Yes |
| Inventory | No | Yes |
| Accounts Receivable | No | No |
| Payroll | No | No |
Third Party Financing Source(s): the SBA
Training
On-The-Job Training: 40 hours
Classroom Training: 19 hours
Support
Purchasing Co-ops
Newsletter
Meetings/Conventions
Grand Opening
Online Support
Security/Safety Procedures
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
Marketing
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social media
SEO
Website development
Email marketing
20% of all franchisees own more than one unit
Number of employees needed to run franchised unit: 6 - 10
Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)
Business Experience:
Your income potential as a My Gym Children's Fitness Center Franchise entrepreneur depends vastly on many factors. As an entrepreneur, the goals to achieve are related to expanding sales while lowering your operation costs and increasing the quality of your products and or services. Each month your operating costs can include royalty fees, mortgage / rent, supplies for products, staffing, utilities, bookwork, stationary and other items. From one month to the next, you may find your costs fluctuate, but your up-front costs are, for the most part, fixed and they will cover most of the initial setup of equipment, signage and renovations.
Listing Tags
Legal Disclaimer: This information is not a franchise offering for My Gym Children's Fitness Center and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recommend that anyone seriously interested in pursuing a My Gym Children's Fitness Center franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.
My Gym Children's Fitness Center
My Gym Children's Fitness Center
15300 Ventura Blvd., #414
Sherman Oaks,
CA
91403