My Queue

Your Queue is empty

Click on the next to articles to add them to your Queue

Log In

Franchise: My Gym Children's Fitness Center

|
Initial Investment
LOW:$36,750
HIGH: $249,700
Change in Units
+12.7% +48 UNITS (1 Year)
+46.6% +135 UNITS (3 Years)

Ongoing Support
Purchasing Co-ops
Newsletter
Meetings
Grand Opening
Internet
Security
Field Operations
Marketing Support
Co-op Advertising
Ad Slicks
National Media
Regional Media

Training Onsite: 40 hours

Training at headquarters: 19 hours

Absentee Ownership Allowed

Number of employees required to run: 6 - 10

About My Gym Children's Fitness Center

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.

Founded

1983

Franchising Since

1995 (22 Years)

Corporate Address

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

CEO

Cory Bertisch

Parent Company

Gym Consulting Inc.

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units worldwide.

Financial Requirements

Initial Investment

$36,750 - $249,700

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%

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

Veteran Incentives


$10,000 off franchise fee

Free Franchise Consultation
Fran Choice We've helped over 5,000 people find the right franchise. Get a FREE consultation and find out how you can be next.
Start Now
Guidant Financal Learn how to invest your IRA or 401k into a franchise. ($50k min)

Related Franchises

Kumon Math & Reading Centers

Kumon Math & Reading Centers
Anytime Fitness

Anytime Fitness
Orangetheory Fitness

Orangetheory Fitness
Planet Fitness

Planet Fitness
Mathnasium Learning Centers

Mathnasium Learning Centers
Goldfish Swim School Franchising LLC

Goldfish Swim School Franchising LLC
Sky Zone

Sky Zone
Primrose School Franchising Co.

Primrose School Franchising Co.

Franchise Articles

3 Core Strategies For Building Successful Franchise Organizations

3 Core Strategies For Building Successful Franchise Organizations

How to attract potential franchisees to invest in your business.
Rick Grossmann
4 min read
The Best Franchises for Any Budget

The Best Franchises for Any Budget

We ranked the top 50 franchises for three different budgets: less than $100,000; $100,000 to $500,000 and more than $500,000.
Tracy Stapp Herold
2 min read
The 5 Best Retail Franchises You Can Buy Right Now

The 5 Best Retail Franchises You Can Buy Right Now

Are you a natural salesperson? Then take full advantage with a retail franchise.
Matthew McCreary
3 min read
Why Fitness Franchises Are Booming

Why Fitness Franchises Are Booming

With aggressive expansion strategies and low membership costs, fitness clubs are looking to rapidly expand -- and franchisees are lining up to get in on the action.
Clint Carter
14 min read
Success Speaks For Itself: Whissle Hospitality Group

Success Speaks For Itself: Whissle Hospitality Group

The co-founders of Whissle Hospitality Group –the company behind F&B brands like Okku, Claw and more in Dubai are all set to take their enterprise to the next level.
Aby Sam Thomas
12 min read

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: August 10th, 2017

Reprints & Licensing
Update Your Listing
Submit New Listing