Start-Up Costs and Fees |
||
| Kidz On The Go | Planet Fitness | |
| Investment | 100000 - 125000 | 968100 - 4113000 |
| Franchise Fee | ||
| Royalty Fee | 7% | 7% of Gross Membership Fees |
| Advertising Fee | 9% | |
| Year Founded | 1993 | 1992 |
| Year Franchised | 2007 | 2003 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Kidz On The Go | Planet Fitness | |
| Experience | ||
Financing Options |
||
| Kidz On The Go | Planet Fitness | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Kidz On The Go | Planet Fitness | |
| Training | You can count on all the training and on-going support you'll need to succeed. | * Available at headquarters: 2 weeks * At franchisee's location: as needed |
| Support | * Newsletter * Meetings * Toll-free phone line * Grand opening * Internet * Security/safety procedures * Field operations/evaluations * Purchasing cooperatives | |
| Marketing | * Co-op advertising * Ad slicks * Regional advertising | |
| Operations | Superior Business Model You manage Kidz On The Go from home, but you offer programs at existing facilities (Childcare Centers, Pre-Schools, Public and Private Elementary Schools, Camps, Special Events, Private Parties, etc.). This means that you are offering an additional service to someone else's established customer base. Kidz On The Go is attractive to them because you offer a unique mobile, complimentary, turn-key enrichment program. For you, overhead is low because you use their facility, and your "customers" are already in place. | * 40% of all franchisees own more than one unit * Absentee ownership of franchise is allowed. (70% of current franchisees are owner/operators) |
Expansion Plans |
||
| Kidz On The Go | Planet Fitness | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Kidz On The Go | |
| Planet Fitness | |
| Franchise Fee | |
| Kidz On The Go | |
| Planet Fitness | |
| Royalty Fee | |
| Kidz On The Go | 7% |
| Planet Fitness | 7% of Gross Membership Fees |
| Advertising Fee | |
| Kidz On The Go | |
| Planet Fitness | 9% |
| Year Founded | |
| Kidz On The Go | 1993 |
| Planet Fitness | 1992 |
| Year Franchised | |
| Kidz On The Go | 2007 |
| Planet Fitness | 2003 |
| Term Of Agreement | |
| Kidz On The Go | |
| Planet Fitness | 10 years |
| Renewal Fee | |
| Kidz On The Go | |
| Planet Fitness | |
Business Experience Requirements |
|
| Experience | |
| Kidz On The Go | |
| Planet Fitness | |
Financing Options |
|
| Franchise Fees | |
| Kidz On The Go | |
| Planet Fitness | |
| Start-up Costs | |
| Kidz On The Go | |
| Planet Fitness | |
| Equipment | |
| Kidz On The Go} | |
| Planet Fitness | |
| Inventory | |
| Kidz On The Go | |
| Planet Fitness | |
| Receivables | |
| Kidz On The Go | |
| Planet Fitness | |
| Payroll | |
| Kidz On The Go | |
| Planet Fitness | |
Training & Support |
|
| Training | |
| Kidz On The Go | You can count on all the training and on-going support you'll need to succeed. |
| Planet Fitness | * Available at headquarters: 2 weeks * At franchisee's location: as needed |
| Support | |
| Kidz On The Go | |
| Planet Fitness | * Newsletter * Meetings * Toll-free phone line * Grand opening * Internet * Security/safety procedures * Field operations/evaluations * Purchasing cooperatives |
| Marketing | |
| Kidz On The Go | |
| Planet Fitness | * Co-op advertising * Ad slicks * Regional advertising |
| Operations | |
| Kidz On The Go | Superior Business Model You manage Kidz On The Go from home, but you offer programs at existing facilities (Childcare Centers, Pre-Schools, Public and Private Elementary Schools, Camps, Special Events, Private Parties, etc.). This means that you are offering an additional service to someone else's established customer base. Kidz On The Go is attractive to them because you offer a unique mobile, complimentary, turn-key enrichment program. For you, overhead is low because you use their facility, and your "customers" are already in place. |
| Planet Fitness | * 40% of all franchisees own more than one unit * Absentee ownership of franchise is allowed. (70% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Kidz On The Go | |
| Planet Fitness | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | |
| Kidz On The Go | |
| Planet Fitness | |
| International Expansion | |
| Kidz On The Go | |
| Planet Fitness | |