The Little Gym
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With more than 300 locations in 20 countries, The Little Gym is the worldʼs premier experiential learning and physical development franchise for children ages four months through 12 years. For over 35 years, our trained instructors have nurtured happy, confident kids through a range of programs including parent/child classes, gymnastics, karate, dance and sports skills development, plus enjoyable extras like camps, Parentsʼ Survival Nights and Awesome Birthday Bashes. Each week, progressively structured classes and a positive learning environment create opportunities for children to try new things and build self-confidence, all with a grin that stretches from ear to ear.
It is not necessary for The Little Gym franchise owners to have experience in education or physical fitness, just a passion for helping children and making a difference in their communities. The Little Gym is a recipient of the 2007, 2008, and 2009 Franchise Satisfaction Awards Top 50 Franchise from Franchise Business Review, and Ranked #1 in Category from Entrepreneur magazine in 2007, 2008, 2009, and 2010.
| |
Operating Units (in the U.S.) |
12/31/2008 |
12/31/2009 |
12/31/2010 |
|---|
| | Franchised |
266 |
246 |
235 |
| | % Change | -- |
-7.5% |
-4.5% |
| | Company-Owned | 0 | 0 |
2 |
| | % Change | -- |
-- |
-- |
| | Total |
266 |
246 |
237 |
| | % Change | -- |
-7.5% |
-3.7% |
| | Franchised as % of Total |
100.0% |
100.0% |
99.2% |
Investment Required
The fee for a The Little Gym Standard Territory franchise is $69,500. A Small Market Territory is also offered for an initial fee of $39,500.
The Little Gym provides the following range of investments required to open your initial franchise. The range assumes that all items are paid for in cash. To the extent that you choose to finance any of these expense items, your front-end investment could be substantially reduced.
| |
Item | Standard Territory | Small Market Territory |
| |
Established Low Range | Established High Range | Established Low Range | Established High Range |
| |
Initial Franchise Fee | $69,500 | $69,500 |
$39,500 | $49,500 |
| | Start-Up Equipment and Inventory Package | $59,000 | $69,000 | $53,000 | $65,000 |
| | Signage, Fixtures, Other Fixed Assets | $7,000 | $14,000 | $5,000 | $12,000 |
| | Furnishings, Other Equipment and Supplies | $8,000 | $14,000 | $6,000 | $12,000 |
| | Initial Sales Promotion | $10,000 | $18,000 | $6,000 | $13,000 |
| | Security Deposits and Other Prepaid Expenses | $4,000 | $15,000 | $3,000 | $10,000 |
| | Training Expenses | $5,000 | $10,000 | $5,000 | $10,000 |
| | Insurance Premiums | $2,500 | $3,500 | $2,000 | $3,000 |
| | Miscellaneous Payments and Expenses | $4,000 | $11,000 | $3,000 | $9,000 |
| | Additional Funds (3 months) | $35,000 | $70,000 | $25,000 | $50,000 |
| | Total Investment | $204,000 | $294,000 |
$147,500 | $233,500 |
Ongoing Expenses
The Little Gym franchisees pay a royalty fee of 8% of gross monthly revenue subject to an annual minimum royalty requirement and a local and regional advertising fee of 4% of gross monthly revenues or $1,250 minimum on average. Additional fees include marketing fund fee and a proprietary software maintenance fee.
What You Get—Training and Support
Initial training involves a 21-day Business Startup Training Program that teaches every aspect of successful gym operation. Franchisees are taught The Little Gym’s meticulously designed curriculum which allows franchisees without a background in physical education or child development to successfully own a The Little Gym franchise. Training also covers how to work with children of all ages and how to recruit and train staff.
The Little Gym assigns each franchise owner a personal New Business Consultant to help them through every step of starting up the franchise and after opening assigns an Operations Consultant for ongoing advice.
Territory
The Little Gym grants exclusive territories.
Note: The tables and information regarding the number of operating units, investment required, on-going expenses, training and territory grants were taken from the company’s 2011 FDD. The 2011 write-ups will be incorporated into the 20112 Edition of Bond’s Top 100 Franchises publication.
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