My Gym Children's Fitness Center
Early-learning/fitness programs
My Gym Children's Fitness Center
Early-learning/fitness programs
About
Founded
1983
Franchising Since
1995 (23 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 #182 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
+18.4%+78 UNITS (1 Year)
+52.9%+174 UNITS (3 Years)
Where Seeking Franchisees:
Franchisor is seeking new franchise units worldwide.
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