Account Login
Franchise Directory
Areas Of Interest
Top 100 Franchises Publications
Franchise Your Business
Home >> Child-Related >> Fitness and Amusement Centers
| My Gym Children's Fitness Center 15300 Ventura Blvd., # 423 Sherman Oaks, CA 91403 |
Submit an online form to receive information from My Gym Children's Fitness Center.
|
Business Description
MY GYM CHILDREN'S FITNESS CENTER's structured, age-appropriate weekly classes incorporates music, dance, relays, games, special rides, gymnastics, sports and other original activities. MY GYM kids have so much fun as they gain strength, balance, gross motor skills, agility, flexibility and social skills. Our programs' biggest benefit is the building of confidence and self esteem. We help design our state-of-the-art facility and assist in every aspect of getting you started.
Franchisor Background
Year Established: 1983
Franchising Since: 1994
North America:
States/Provinces with the largest number of operating units:
Registered in Following Registration States: California, Florida, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, Oregon, Rhode Island, Virginia, Washington, Wisconsin, District Of Columbia, Alberta
Financial Requirements
Average Number of Employees: 3 Full-time, 4 Part-time
Space Needs (in square footage): 2,400
Preferred Sites: Storefront, Strip Center
Other Sites:
Encourage Conversions? Not Applicable
Earnings Claims Provided?: No
MY GYM CHILDREN'S FITNESS CENTER's structured, age-appropriate weekly classes incorporates music, dance, relays, games, special rides, gymnastics, sports and other original activities. MY GYM kids have so much fun as they gain strength, balance, gross motor skills, agility, flexibility and social skills. Our programs' biggest benefit is the building of confidence and self esteem. We help design our state-of-the-art facility and assist in every aspect of getting you started.
Franchisor Background
Year Established: 1983
Franchising Since: 1994
| Operating Units: | |||||||||||||||||||||||||||||||
Franchised Units: | 130 | 94.2% | | ||||||||||||||||||||||||||||
| Company-Owned Units: | 8 | 5.8% | |||||||||||||||||||||||||||||
Total Operating Units: | 138 | 100.0% | |||||||||||||||||||||||||||||
| |||||||||||||||||||||||||||||||
States/Provinces with the largest number of operating units:
| Density | Units |
| 1. California | 24 |
| 2. Florida | 18 |
| 3. Illinois | 8 |
Registered in Following Registration States: California, Florida, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, Oregon, Rhode Island, Virginia, Washington, Wisconsin, District Of Columbia, Alberta
Financial Requirements
| Investment: | |
| Minimum Net Worth: | $NA |
| Cash Investment: | $30-60K |
| Total Investment: | $130-220K |
| Average Total Investment: | $175K |
| Fees: | |
| Initial Franchise Fee: | $49.4K |
| Average Franchise Fee: | $50K |
| On-Going Royalty: | 6% |
| Average Royalty: | 6% |
| Advertising Fee: | 1% |
Space Needs (in square footage): 2,400
Preferred Sites: Storefront, Strip Center
Other Sites:
Encourage Conversions? Not Applicable
Earnings Claims Provided?: No
| Franchisee Qualifications | |||||||||
Ranked from 1 (unimportant) to 5 (important): | |||||||||
| Financial Net Worth: | 2 | ||||||||
| General Business Experience: | 3 | ||||||||
| Specific Industry Experience: | 3 | ||||||||
| Formal Education: | 3 | ||||||||
| Psychological Profile: | 4 | ||||||||
| Personal Interview(s): | 5 | ||||||||
| Terms of Contract | |||||||||
| Term of Initial Contract: | 12 Year(s) | ||||||||
| Term of Renewal Period: | 12 Year(s) | ||||||||
| Passive Ownership: | Allowed, But Discouraged | ||||||||
| Area Development Agreements? | Yes, for 1 Year(s) | ||||||||
| Sub-Franchising Contracts? | No | ||||||||
| Franchisees Allowed to Expand Within Territory? | Yes | ||||||||
| Support and Training | |||||||||
| International Franchise Association: | Yes | ||||||||
| Canadian Franchise Association: | No | ||||||||
| Franchisee Association/Member: | No | ||||||||
| Size of Corporate Staff: | 15 | ||||||||
| Site Selection Assistance? | Yes | ||||||||
| Lease Negotiation Assistance? | Yes | ||||||||
| Financial Assistance? | Yes, Direct | ||||||||
| Marketing Support: | |||||||||
| Co-Op Advertising: | No | ||||||||
| National Advertising: | No | ||||||||
| Regional Advertising: | No | ||||||||
| Local Advertising: | No | ||||||||
| Marketing Materials: | None Specified | ||||||||
| Additional Services: | None Specified | ||||||||
| Other Marketing Support: | None Specified | ||||||||
| On-Going Support: | |||||||||
| Central Data Processing: | Not Applicable | ||||||||
| Central Purchasing: | Included in Fees | ||||||||
| Field Operation Evaluation: | Included in Fees | ||||||||
| Field Training: | Included in Fees | ||||||||
| Initial Store Opening: | Included in Fees | ||||||||
| Inventory Control: | Included in Fees | ||||||||
| Franchisee Newsletter: | Not Applicable | ||||||||
| Regional or National Meetings: | Not Applicable | ||||||||
| 800 Telephone Hotline: | Included in Fees | ||||||||
| Training: | |||||||||
| 1. Corporate Headquarters in Los Angeles, CA | 19 Days | ||||||||
| 2. Regional Pre-and Post-Training | |||||||||
| Expansion Plans | |||||||||
|
Submit an online form to receive information from My Gym Children's Fitness Center.
|
||||||||