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My Gym Children's Fitness Center
Children's fitness
My Gym Enterprises wants to be your gym or, at least, your kid's gym. The company owns and franchises about 140 My Gym Children's Fitness Centers in the US and Asia. The company's facilities offer physical fitness and educational activities to children from three months of age to nine years old. Programs include age appropriate infant to three-year old classes where parent's play too and a series of increasingly complex gymnastics and general sport skills classes for older children. My Gym emphasizes positive reinforcement and a non-competitive environment. The company was founded in 1983 by William Caplan and husband and wife Yakov and Susi Sherman.
My Gym Children's Fitness Center
15300 Ventura Boulevard
Sherman Oaks, CA 91403
818-907-6966
Fast Facts
| Year established | 1983 |
| Franchising since | 1995 |
| Can be run from home? | Yes |
| Number of employees needed | 3 |
| Multiple units must be purchased in U.S. | No |
| Multiple units must be purchased outside U.S. | No |
| % of franchisees who own multiple units | 25% |
| Absentee ownership allowed? | Yes |
Franchise Unit Growth Rate
| Year | U.S. Franchises | Non-U.S. Franchises | Company-Owned Locations |
| 2008 | 178 | 16 | 0 |
| 2007 | 167 | 10 | 0 |
| 2006 | 156 | 6 | 0 |
Expanding in These Locations
Worldwide, United States
Costs
| Total Investment | $36,000 - $240,000 |
| Franchise Fee | $55,000 |
| Royalty Fee | 6% |
Financial Requirements
| Net Worth | $100,000 |
| Liquid Capital | $50,000 |
Franchisee Qualifications
Passion for working with children
Meet financial requirements
Strong leadership abilities
Financing
| Does franchisor offer financing? | No |
| Is franchisor on the SBA's Franchise Registry? | Yes |
| Is franchisor a member of the IFA's VetFran program? | Yes |
My Gym Children's Fitness Center
15300 Ventura Boulevard
Sherman Oaks, CA 91403
818-907-6966
Content provided by Hoovers.com
My Gym Enterprises
My Gym Enterprises wants to be your gym or, at least, your kid's gym. The company owns and franchises about 140 My Gym Children's Fitness Centers in the US and Asia. The company's facilities offer physical fitness and educational activities to children from three months of age to nine years ...
| Company Type: | Private |
| Executives: | Cory Bertisch, CEOMike Chalovich, COOJamie Bertisch, CFO |
| Industries: | Fitness & Dance Facilities |
| See More Industries |
My Gym Children's Fitness Center
15300 Ventura Boulevard
Sherman Oaks, CA 91403
818-907-6966
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