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Gymboree Play & Music

2012 Franchise 500
#302
At a Glance

Products & Services: Parent/child play & learning program

Number of Locations: 693

Total Investment: $79.84K - 261K

Founded: 1976

Began Franchising: 1978

Private Owned

About Gymboree Play & Music

San Francisco mother Joan Barnes created the Gymboree Play and Music Program in 1976 when she couldn't find a safe place for new parents and children to play and exercise together. There are now locations across the United States and throughout the world.

Gymboree Play and Music centers offer different classes each week for children ranging from newborn through 4 years old. Classes are designed to stimulate the senses and encourage children's development.

Franchise Units

Year U.S. Canadian International Company Owned
2011 205 11 470 7
2010 237 14 434 7
2009 244 16 319 7
2008 262 16 319 3
Where Seeking Franchisees: Franchisor is seeking new units internationally.

Startup Costs, Ongoing Fees and Financing

Total Investment: $79,838 - $260,999
Franchise Fee: $25,000 - $45,000
Ongoing Royalty Fee: 6%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Net Worth: $250,000
Liquid Cash Available: $70,000
Operations
44% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 3 - 4. Absentee ownership of franchise is NOT allowed. (100% 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: 8 days. At regional location : 2 days biannually.
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives,
Marketing Support: Co-op advertising, Ad slicks, National media, Regional advertising,

Franchise Ranking History

Franchise 500®: #302 (2012), #226 (2011), #311 (2010), #211 (2009), #262 (2008),
America's Top Global: #177 (2011), #162 (2009), #92 (2008),

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