Gymboree Play & Music
Parent/child play and learning programsThis company's data may be out of date.
- 2022 Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$121K - $280K
- Units as of 2016
-
738 2.4% over 3 years
Company Overview
San Francisco mother Joan Barnes created the Gymboree Play & 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 & 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.
About Gymboree Play & Music
- Industry
- Children's Businesses
- Related Categories
- Children's Enrichment Programs: Miscellaneous, Children's Fitness Programs, Tutoring, Fitness
- Founded
- 1976
- Parent Company
- Gymboree
- Leadership
- Mark Breitbard, CEO
Franchising Overview
- Franchising Since
- 1978 (44 years)
- # of employees at HQ
- 14
- # of Units
- 738 (as of 2016)
Franchisor Information
- Social
- Corporate Address
-
500 Howard
San Francisco, CA 94105
Information for Franchisees
Here’s what you need to know if you’re interested in opening a Gymboree Play & Music franchise.
Financial Requirements & Ongoing Fees
Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
- Initial Franchise Fee
- $35,000 - $45,000
- Initial Investment
- $120,935 - $279,900
- Net Worth Requirement
- $270,000
- Cash Requirement
- $90,000
- Veteran Incentives
- Discounts on opening inventory
- Royalty Fee
- 6%
- Ad Royalty Fee
- 3.25%
- Term of Agreement
- 10 years
- Is franchise term renewable?
- Yes
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
- Third Party Financing
- Gymboree Play & Music has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
- Classroom Training
- 8 days
- Additional Training
- At regional location
- Ongoing Support
-
Purchasing Co-opsNewsletterMeetings & ConventionsToll-Free LineGrand OpeningOnline SupportSecurity & Safety ProceduresLease NegotiationField Operations
- Marketing Support
-
Co-op AdvertisingAd TemplatesNational Media
Operations
Additional details about running this franchise.
- Is absentee ownership allowed?
- No
- Can this franchise be run from home/mobile unit?
- No
- Can this franchise be run part time?
- No
- # of employees required to run
- 3-4
- Are exclusive territories available?
- Yes
Work with our free FranCoach and get what you need to start a Gymboree Play & Music franchise.
Franchise 500 Ranking History
Compare where Gymboree Play & Music landed on this year’s Franchise 500 Ranking versus previous years.
Want to stay updated on the latest franchise news?
Never miss a beat when you sign up to receive our newsletter.
We care about the protection of your data. Read our Privacy Policy
Related Franchises
Are you eager to see what else is out there? Browse more franchises that are similar to Gymboree Play & Music.
Related Franchise Content
Catch up on the latest franchise news, trends, and more.
5 Trends Shaping the Future of Franchise Local Marketing Right Now
Explore how franchise local marketing is changing to serve local customers better.
Picking a Winning Emerging Brand Is How You Get Rich in Franchising. Here's How to Spot One.
The key to generating wealth through franchising is to invest in an emerging brand. Here are 5 ways to help ensure you pick a winner.
Follow These Essential Steps Before Purchasing a Franchise
A step-by-step look at becoming a franchisee.
What's Hot in Automotive Franchising Right Now?
Automotive franchising is a category that will supercharge your entrepreneurial outlook.
How to Start a UPS Store Franchise in 2022
Here's what you need to know if you're ready to franchise by aligning yourself with a major shipping brand.
Why Restaurants Depend on Location, Location, Location
Zip codes, demographics and the local population will dictate the success of your establishment.