My Gym Franchise Profit

Join the 1 children s fitness franchise.

My gym franchise profit.

My gym children s fitness center is ranked 202 in the franchise 500. Veterans receive a 50 discount. This includes an initial franchise fee of 24 750 to 49 500. Bio my gym was founded in 1983 when partners yacov and susie sherman and bill caplin opened their first centers in van nuys.

Expect that your initial investment will run anywhere from 152 700 to 377 000. The little gym says it maintains relationships with third party lenders willing to help out with financing. Be a part of my gym a leader in children s fitness as we look to nurture kid s health and self image worldwide. So after tax you can expect to be left with 65 400.

Innovating child s play the my gym way. From our award winning classes to the personalized support we provide our franchisees it s easy to see why we ve ranked on entrepreneur s franchise 500 list every year for nearly two decades. The franchisor offers to enter into franchise agreements with qualified corporations and persons that wish to establish and operate my gym businesses. For instances being with my gym has taught many people including myself to be.

The franchisor is gym consulting llc d b a my gym enterprises. Estimated number of units. Reduce costs let s assume using the profit and turnover examples above that your staffing costs are 70 000 per year and other costs of running your gym add up to 25 000 that leaves you with 109 000 before corporate taxes of approximately 40. My gym can also be a company that boosts an individual s personal growth.

The pros to working at my gym is teaching children from 8 weeks 10 years old there s always opportunity to move up in the company and depending on your gym the schedule can be flexible.