My Gym Children's Fitness Center
#158 Franchise 500| Early-learning/fitness programs
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My Gym Children's Fitness Center
Early-learning/fitness programs

About
Founded

1983

Franchising Since

1995 (24 Years)

Corporate Address

15300 Ventura Blvd., #523
Sherman Oaks, CA 91403

CEO

Cory Bertisch

Parent Company

Gym Consulting LLC

Financial Requirements
Initial Investment

$36,750 - $244,200

Net-worth Requirement

$100,000 - $200,000

Liquid Cash Requirement

$35,000 - $65,000

Ongoing Fees
Initial Franchise Fee

$25,000 - $55,000

Ongoing Royalty Fee

7-8%

Ad Royalty Fee

1%

Financing Options

My Gym Children's Fitness Center has relationships with third-party sources which offer financing to cover the following: 
franchise fee, startup costs, equipment, inventory

Support Options
Ongoing Support

Purchasing Co-ops

Newsletter

Meetings/Conventions

Grand Opening

Online Support

Security/Safety Procedures

Field Operations

Site Selection

Proprietary Software

Franchisee Intranet Platform

Marketing Support

Co-op Advertising

Ad Templates

Social media

SEO

Website development

Email marketing

On-The-Job Training:

40 hours

Classroom Training:

17 hours

Absentee Ownership Allowed
Number of Employees Required to Run:

6 - 10

My Gym Children's Fitness Center is ranked #158 in the Franchise 500!
Bio
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.

Cost
Initial Investment: Low - $36,750 High - $244,200
Units
+20.1%+101 UNITS (1 Year) +60.2%+227 UNITS (3 Years)

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units worldwide.
Franchise Financing
Using 401(K)/IRA Funds
  • Tax Penalty-Free
  • Debt Free
  • Expert Guidance
Learn More

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The Top 100 Franchises for Less Than $50,000 in 2019

Check out the top franchises that can be started for less than $50,000, ranked based on scores they received in Entrepreneur's 2019 Franchise 500 ranking.

The Top 100 Franchises for Less Than $100,000 in 2019

Check out the top franchises that can be started for less than $100,000, ranked based on scores they received in Entrepreneur's 2019 Franchise 500 ranking.

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: September 18th, 2018