My 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.
My Gym has the franchise fee of up to $55,000, with total initial investment range of $36,750 to $244,200.
Initial investments: $36,750 - $244,200
Net-worth Requirement: $100,000 - $200,000
Liquid Cash Requirement: $35,000 - $65,000
Initial Franchise Fee: $25,000 - $55,000
Ongoing Royalty Fee: 7 - 8%
Ad Royalty Fee: 1%
On-The-Job Training: 40 hours
Classroom Training: 17 hours
Number of Employees Required to Run: 6 - 10
My Gym Frinchisee Testimonials:
My Gym Franchise Info:https://www.mygym.com/opportunities
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