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Jason Rager is President of Franchise Analyzer.

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Wednesday
Apr282010

EncouraGym Franchise

Children's active-learning classes; toys & clothing sales

Start-up Costs & Franchises Fees

What is the total cost to open a EncouraGym Franchises?

Total Cost: $25,600-$69,400
Total Franchise Fees: $10,500
Ongoing Royalty Fees: 6%
Ongoing Advertising Fees:
Term of Agreement: 5 years
Franchise Agreement Renewal Fee: 10% of current franchise fee

Contact Information for EncouraGym

EncouraGym
110 W. Main St., Box 35
Ladoga, IN
47954

Phone Number: (317)334-1966
Fax Number: (317)334-1966

Franchise Homepage:

Historical Expansion

In what year did EncouraGym begin operations? 2001
When did EncouraGym begin selling franchises? 2004

Year United States Canada International Corporate
2005 0 0 0 0
2004 0 0 0 0
2003 0 0 0 0
2002 0 0 0 0
2001 Not Available Not Available Not Available 0

Future Expansion

United States: Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Mississippi, Montana, Nebraska, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Pennsylvania, South Carolina, Tennessee, Texas, Utah, West Virginia, Wyoming,

Countries of Interest:

Franchise Financing Information

Cost In House Financing Available? 3rd Party Financing Available?
Franchise Fee Yes Yes
Initial Start-up Capital No Yes
Plant, Property, and Equipment No Yes
Inventory No Yes
Accounts Receivable No No
Payroll No No

Training & Support

Support
In the Pressletter, Meetings, Toll free phone number, Grand opening support, Internet referrals, Safety and Security procedures, Field support and site evaluation
Marketing
Ad slicks

Franchise Operation Restrictions

0% of all franchise business owners own more than one franchise location.

Number of employees needed to run franchised unit: 4 - 8

Absentee ownership of franchise is allowed. (100% of current franchise business owners are owner/operators)

Qualifications & Business Experience

Business Experience:
  • General business experience
  • Sales & marketing experience
  • Desire to work with children
  • Franchise Analyzer Professional's Inside Information

    Can you buy this franchise for no money down? Yes
    What key terms in the franchise agreement can be negotiated? Cross-default provisions, arbitration clause, personal guarantee, default cure periods, non-compete agreement, favorable valuations for corporate buyout
    Can you negotiate lower royalties during start-up? Yes
    Can you purchase multiple franchises for a discounted franchise fee? Yes
    Can you receive lower advertising fees? Yes
    Will I know when the franchise break even? Yes
    Will my personal assets including my home be safe in case my franchise business fails? Yes
    Please note: You must download a free copy of Franchise Analyzer Professional to receive these benefits and so much more. Click here to download your FREE copy now.