Total investment:
$ 36,750
Franchise fee:
$ 40,000
Royalty fee:
7.50%
Marketing fee:
$ 0
Number of franchises
Return
Time period
Revenue:
$ 12 000*
* Calculator calculations are provisional, not guaranteed
MAIN INFORMATION
Year founded: 1983
Franchise since: 1995
Company owned units:
Franchise owned units: 604
Total number of units:
Number of employees per unit: 6-10
Contract period: 60 month
FRANCHISE ONLINE
WEBSITEMy Gym Children’s Fitness Center is a worldwide fitness center oriented towards children between the ages of 6 weeks to 13 years. My Gym was founded in 1989 and is based in Sherman Oaks, California.
The company also provides franchise services. As of 2018, My Gym owns and operates 169 franchises in the United States and 435 ones outside the country.
On-The-Job Training: 40 hours
Classroom Training: 17 hours
Net-worth Requirement: $100,000 – $200,000
Liquid Cash Requirement: $35,000 – $65,000 Ad Royalty Fee: 1%