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Knuckleheads Gym
 

The Knuckleheads Gym Franchise Opportunity - 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. This 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!

Franchisor Background

Year Established:

  2006

Franchising Since:

  2008

Operating Units:

Franchised Units:0 0%  
Company-Owned Units:2 100%  
 ______ _____  
Total Operating Units:2 100%  
 

Geographic Distribution:

U.S.:2 100% In 2 States
Canada:0 0% In 0 Canadian Provinces
International:0 0% In 0 Foreign Countries
 ______ _____  
Total:2 100%  
 

North America:

States/Provinces with the largest number of operating units:
DensityUnits    
1. California1
2. New York1

Registered in Following Registration States:

   California, New York

Financial Requirements

Investment:

Minimum Net Worth:$500K
Cash Investment:$125K
Total Investment:$179-282K
Average Total Investment:$250K
 

Fees:

Initial Franchise Fee:$30K
Average Franchise Fee:$30K
On-Going Royalty:8%
Average Royalty:8%
Advertising Fee:2%

Average Number of Employees:

   1-2 Full-time, 2-4 Part-time

Space Needs (in square footage):

   1800

Preferred Sites:

   Free-standing Building, Storefront, Strip Center

Other Sites:

   Industrial Center

Encourage Conversions?

   Yes

Earnings Claims Provided?

   No

Listed in the SBA Registry?

   No

Support and Training

International Franchise Association:Yes
Canadian Franchise Association:No
Franchisee Association/Member:No
Size of Corporate Staff:5
Site Selection Assistance?Yes
Lease Negotiation Assistance?Yes
Financial Assistance?Yes, Indirect
 

Marketing Support:

Co-Op Advertising:No
National Advertising:Yes
Regional Advertising:No
Local Advertising:Yes
Marketing Materials:Ad Slicks, Brochures, Catalogs, Coupons/rebates, Direct Mailers, Emails, Promotional Items, Site Signs
Additional Services:Grand Opening, In-house Marketing, Press Releases
Other Marketing Support:None Specified
 

On-Going Support:

Central Data Processing:Not Applicable
Central Purchasing:Not Applicable
Field Operation Evaluation:Included in Fees
Field Training:Included in Fees
Initial Store Opening:Included in Fees
Inventory Control:At Additional Cost
Franchisee Newsletter:Not Applicable
Regional or National Meetings:At Additional Cost
800 Telephone Hotline:Not Applicable
 

Training:

1. CA or NY50 hours
2. Onsite training50 hours
 

Franchisee Qualifications

Ranked from 1 (unimportant) to 5 (important):
 
Financial Net Worth:5
General Business Experience:4
Specific Industry Experience:4
Formal Education:3
Psychological Profile:4
Personal Interview(s):5

Minority Representation

Units Owned by Minorities:

African-American:N/A
Asian-American:N/A
Hispanic:N/A
Native American:N/A
Other:N/A
Specific Minority:N/A

Terms of Contract

Term of Initial Contract:5 Year(s)
Term of Renewal Period:5 Year(s)
Passive Ownership:Not Allowed
Area Development Agreements?No
Sub-Franchising Contracts?No
Franchisees Allowed to Expand Within Territory?Yes

Expansion Plans

Projected New Units Over Next 12 months:

   12
U.S.:Yes, California, Tri-state NY Area
Canada:No
Overseas:No
 
 
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