My Gym Children's Fitness Center

Founded: 1983 Franchising since: 1995
My Gym was founded in 1983 when partners Yacov and Susie Sherman and Bill Caplin opened their first centers in Van Nuys and Santa Monica, California. The founders soon expanded their business throughout Southern California and there are now locations throughout the United States.

My Gym offers movement, tumbling and exercise classes for children aged 3 months to 9 years.

15300 Ventura Blvd., #414 Sherman Oaks, California 91403

Phone: (800)469-4967

Franchisor is a privately-held company with 20 employee(s); 4 employee(s) in franchise department.

Franchise Growth

Year	U.S. Franchises	Canadian Franchises	Foreign Franchises	Company Owned
2009	166	3	28	0
2008	179	1	19	0
2007	160	1	13	5
2006	155	0	8	0
2005	136	0	4	10

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Worldwide

Exclusive territories available.
Territory size: Based on population of children

Total investment: $34.3K-228.8K Franchise fee: $25K/55K

Ongoing royalty fee: 6% Term of agreement: 12 years, renewable

Type of Financing Available

	In-House	Third Party
Franchise Fee	No	No
Startup Costs	No	Yes
Equipment	No	Yes
Inventory	No	No
Accounts Receivable	No	No
Payroll	No	Yes

Qualifications
Cash liquidity requirement: $35K-50K
Business Experience:

• Industry experience
• General business experience
• Marketing skills

Operations

• Franchise can be run from home
• 20% of all franchisees own more than one unit
• Number of employees needed to run franchised unit: 6 - 10
• Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators)

Training

• Available at headquarters: 21 days
• At franchisee's location: Ongoing

Ongoing Support

• Newsletter
• Meetings
• Toll-free phone line
• Grand opening
• Internet
• Security/safety procedures
• Field operations/evaluations

Marketing Support

• Co-op advertising
• Ad slicks
• Regional advertising

Franchise 500® rank:
#259 (2009); #300 (2008); #221 (2007); #183 (2006); #164 (2005);

Ranked #1 in category in:
2006; 2005;

Low-Cost Franchises:
#53 (2009); #68 (2008); #52 (2007);

Top Home Based Franchises:
#66 (2009); #81 (2008);

America's Top Global Franchises:
#199 (2009); #178 (2008); #156 (2007); #141 (2006); #130 (2005);