百大连锁店-Rank no. 358 – 新移民致富之路

百大连锁店-Rank no. 358 – 新移民致富之路


Rank no. 358 – My Gym Children’s Fitness Center – US

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Products & Services: Children’s early-learning/fitness program

Number of Locations: 290

Total Investment: $34.25K – 236.25K

Founded: 1983

Began Franchising: 1995

About My Gym Children’s Fitness Center

My Gym was founded in 1983 when partners Yacov and Susie Sherman and Bill Caplin opened their first centers in Van Nuys and Santa Monica, California. The founders soon expanded their business throughout Southern California and there are now locations throughout the United States.

My Gym offers movement, tumbling and exercise classes for children aged 3 months to 9 years.

Franchise Units

YEAR U.S. CANADIAN INTERNATIONAL COMPANY OWNED
2013 154 11 125 0
2012 153 3 107 0
2011 152 3 67 1
2010 158 3 41 0
2009 166 3 28 0
Where Seeking Franchisees: Franchisor is seeking new franchise units worldwide.

Startup Costs, Ongoing Fees and Financing

Total Investment: $34,250 – $236,250
Franchise Fee: $25,000 – $55,000
Ongoing Royalty Fee: 7%
Term of Franchise Agreement: 12 years, renewable
FINANCIAL REQUIREMENTS

Liquid Cash Available: $35,000 – $50,000

OPERATIONS

Franchise can be run from home. 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. (90% of current franchisees are owner/operators).

FINANCING TYPE IN-HOUSE THIRD PARTY
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters: 21 days. At franchisee’s location: Ongoing.
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations
Marketing Support: Co-op advertising, Ad slicks, Regional advertising,

Franchise Ranking History

Franchise 500®: #358 (2013), #372 (2012), #361 (2011), #208 (2010), #259 (2009),
Low-Cost: #63 (2013), #79 (2012), #82 (2011), #49 (2010), #53 (2009),
Top Home-Based: #58 (2010), #66 (2009),
America’s Top Global: #63 (2013), #161 (2010), #199 (2009),