EncouraGym vs Monkey Joe's Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of EncouraGym vs Monkey Joe's including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

  EncouraGym Monkey Joe's
Investment 25600 - 69400 918088 - 1484129
Franchise Fee 0
Royalty Fee 6% 5%
Advertising Fee 2%-3%
Year Founded 2001 2004
Year Franchised 2004 2005
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  EncouraGym Monkey Joe's
Experience General business experience Marketing skills Desire to work with children

Financing Options

  EncouraGym Monkey Joe's
 
Franchise Fees Yes No
Start-up Costs No No
Equipment No No
Inventory No No
Receivables No No
Payroll No No

Training & Support

  EncouraGym Monkey Joe's
Training
Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations
Marketing Ad slicks
Operations 0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 4 - 8 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

Expansion Plans

  EncouraGym Monkey Joe's
US Expansion Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Mississippi, Montana, Nebraska, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Pennsylvania, South Carolina, Tennessee, Texas, Utah, West Virginia, Wyoming,
Canada Expansion 0
International Expansion

Start-Up Costs and Fees Mobile

Investment
EncouraGym
Monkey Joe's
Franchise Fee
EncouraGym
Monkey Joe's
Royalty Fee
EncouraGym 6%
Monkey Joe's 5%
Advertising Fee
EncouraGym
Monkey Joe's 2%-3%
Year Founded
EncouraGym 2001
Monkey Joe's 2004
Year Franchised
EncouraGym 2004
Monkey Joe's 2005
Term Of Agreement
EncouraGym 5 years
Monkey Joe's 10 years
Renewal Fee
EncouraGym 10% of current franchise fee
Monkey Joe's 0


Business Experience Requirements

Experience
EncouraGym General business experience Marketing skills Desire to work with children
Monkey Joe's

Financing Options

 
Franchise Fees
EncouraGym Yes
Monkey Joe's Yes
Start-up Costs
EncouraGym
Monkey Joe's
Equipment
EncouraGym}
Monkey Joe's
Inventory
EncouraGym
Monkey Joe's
Receivables
EncouraGym
Monkey Joe's
Payroll
EncouraGym
Monkey Joe's

Training & Support

Training
EncouraGym
Monkey Joe's
Support
EncouraGym Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations
Monkey Joe's
Marketing
EncouraGym Ad slicks
Monkey Joe's
Operations
EncouraGym 0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 4 - 8 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)
Monkey Joe's

Expansion Plans

US Expansion
EncouraGym Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Mississippi, Montana, Nebraska, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Pennsylvania, South Carolina, Tennessee, Texas, Utah, West Virginia, Wyoming,
Monkey Joe's
Canada Expansion
EncouraGym
Monkey Joe's 0
International Expansion
EncouraGym
Monkey Joe's