Great Play Children's Gyms

Great Play Children's Gyms

Not Ranked

Initial Investment

LOW: $189,000
HIGH: $426,500

Change in Units

-8.3% -1 UNITS (1 Year)
+8.3% +1 UNITS (3 Years)

Promoted Opportunities

Company Profile

Founded

2006

Franchising Since

2008 (8 Years)

Corporate Address

8400 E. Crescent Pkwy., 6th Fl. Greenwood Village, CO 80111

CEO

Keith Camhi

About Great Play Children's Gyms

Jyl and Keith Camhi were inspired to develop the Great Play concept because they were dissatisfied with the fitness options available for their own children. They opened their first gym in Stamford, Connecticut, in 2006, and began franchising in 2008. Children from 6 months through 5th grade develop motor skills, sport skills, fitness and coordination through classes and play time in the gym's "Interactive Arena" that combines physical activity with virtual games using digital projectors and sensors.

Financials

Financial Requirements

Initial Investment

$189,000 - $426,500

Net-worth Requirement

$300,000

Liquid Cash Requirement

$75,000

Ongoing Fees

Initial Franchise Fee

$40,000

Ongoing Royalty Fee

6%

Ad Royalty Fee

2%

Financing Options

Veteran Incentives


$5,000 off franchise fee

Franchise 500® Rank History

  • 2013 - 386
  • 2014 - 441
  • 2015 - 401

* Not all years were ranked

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units throughout the U.S.

Operations & Franchisor Support

Training Onsite: 1 week

Training at headquarters: 1 week

Additional Training: Lead instructor training at headquarters, 3 weeks; webinars

Ongoing Support
Newsletter
Grand Opening
Internet
Security
Field Operations

Marketing Support
Co-op Advertising
Ad Slicks
Regional Media

Number of employees required to run: 6

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: December 31st, 2015

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