Start-Up Costs and Fees |
||
| Nexgym | Kidbus LLC | |
| Investment | 213000 - 397000 | 50000 - 70000 |
| Franchise Fee | ||
| Royalty Fee | 6% | |
| Advertising Fee | ||
| Year Founded | 2005 | 2016 |
| Year Franchised | 2006 | 2018 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Nexgym | Kidbus LLC | |
| Experience | ||
Financing Options |
||
| Nexgym | Kidbus LLC | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | ||
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Nexgym | Kidbus LLC | |
| Training | * Available at headquarters: 2 weeks * At franchisee's location: 1 week | -At Licensee's Location -Manual Provided |
| Support | -Advertising/Marketing -Sales Leads -Technical Support -Phone Support | |
| Marketing | ||
| Operations | * 0% of all franchisees own more than one unit * Number of employees needed to run franchised unit: 10 * Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | - Business can be run from home. - Business can be run part-time. |
Expansion Plans |
||
| Nexgym | Kidbus LLC | |
| 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 | 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 | |
| Nexgym | |
| Kidbus LLC | |
| Franchise Fee | |
| Nexgym | |
| Kidbus LLC | |
| Royalty Fee | |
| Nexgym | 6% |
| Kidbus LLC | |
| Advertising Fee | |
| Nexgym | |
| Kidbus LLC | |
| Year Founded | |
| Nexgym | 2005 |
| Kidbus LLC | 2016 |
| Year Franchised | |
| Nexgym | 2006 |
| Kidbus LLC | 2018 |
| Term Of Agreement | |
| Nexgym | 10 years |
| Kidbus LLC | |
| Renewal Fee | |
| Nexgym | 25% of franchise fee |
| Kidbus LLC | |
Business Experience Requirements |
|
| Experience | |
| Nexgym | |
| Kidbus LLC | |
Financing Options |
|
| Franchise Fees | |
| Nexgym | No |
| Kidbus LLC | No |
| Start-up Costs | |
| Nexgym | |
| Kidbus LLC | |
| Equipment | |
| Nexgym} | |
| Kidbus LLC | |
| Inventory | |
| Nexgym | |
| Kidbus LLC | |
| Receivables | |
| Nexgym | |
| Kidbus LLC | |
| Payroll | |
| Nexgym | |
| Kidbus LLC | |
Training & Support |
|
| Training | |
| Nexgym | * Available at headquarters: 2 weeks * At franchisee's location: 1 week |
| Kidbus LLC | -At Licensee's Location -Manual Provided |
| Support | |
| Nexgym | |
| Kidbus LLC | -Advertising/Marketing -Sales Leads -Technical Support -Phone Support |
| Marketing | |
| Nexgym | |
| Kidbus LLC | |
| Operations | |
| Nexgym | * 0% of all franchisees own more than one unit * Number of employees needed to run franchised unit: 10 * Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
| Kidbus LLC | - Business can be run from home. - Business can be run part-time. |
Expansion Plans |
|
| US Expansion | |
| Nexgym | 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 |
| Kidbus LLC | 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 | |
| Nexgym | |
| Kidbus LLC | |
| International Expansion | |
| Nexgym | |
| Kidbus LLC | |