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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

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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

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