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

My Gym Children's Fitness Center
Early-learning/fitness programs

About
Founded

1983

Franchising Since

1995 (25 Years)

Corporate Address

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

Leadership

Cory Bertisch, CEO

Parent Company

Gym Consulting LLC

Financial Requirements
Initial Investment

$36,760 - $277,200

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

Veteran Incentives

10% off franchise fee

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 #202 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 - $36,760 High - $277,200
Units
+14.9%+90 UNITS (1 Year) +63.3%+269 UNITS (3 Years)

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units worldwide.

Franchise Articles

Aroma Joe's Leader: "How I Learned to Be a CEO"

Loren Goodridge served in the Navy, learned about business as a Subway franchisee and is now CEO of growing franchise Aroma Joe's. Here's why it was the perfect path.

Why This Serial Entrepreneur Opened a Painting With a Twist - In the Middle of the Pandemic

Dee Clemmons had experienced the brand as a customer, and it made her feel at peace. Now she's out to share that feeling.

Tired of Being Kicked to the Curb? Maybe It's Time To Be Your Own Boss.

There are two ways to go: pursue a dream idea from scratch or bet on a proven concept as a franchisee.

6 Ways to Turbocharge Your Solopreneur Productivity

Essential tips that will help you establish good work habits and achieve a lot more for your business in less time.

How Many Franchise Locations Should You Own?

5 multi-unit franchisees, ranging from 2 locations to 770, share their experience.

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 24th, 2019