How to Buy The Little Gym Franchise

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By eHow Contributing Writer

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Opened in 1976, The Little Gym became a franchise operation in 1992. The Little Gym has franchises in most states and will be soon expanding into Canada. The Little Gym offers franchise owners on-going training programs, up to date materials and ongoing business consulting. Buy a Little Gym franchise and be a part of a supportive and growing team who shares a commitment to child development.

Difficulty: Moderately Challenging

Instructions

Step 1

Research the franchise requirements and owner support offered as outlined on The Little Gym franchise section of the website. There is also an opportunity to take a virtual tour of The Little Gym on the website.
Step 2

Submit an online request for information on The Little Gym website. You will be asked to provide your basic contact information and verify that you have a net worth of at least $150,000.
Step 3

Speak with The Little Gym staff members in several phone conversations where they will determine if you are a good fit for their team of franchise owners.
Step 4

Visit The Little Gym headquarters where you will observe classes, meet the staff and executive team and be interviewed with senior management to determine if you will be offered a franchise.
Step 5

Receive and review the Uniform Franchise Offering Circular, paying close attention to all fees and requirements.
Step 6

Sign the franchise agreement if being a franchise owner of a The Little Gym is right for you.

Tips & Warnings

Franchise fees include the initial franchisee fee, continuing royalty payments, advertising fees and other expenses outlined by the franchise agreement.
The franchise agreement will outline what type of control you, as the franchisee, have over certain decisions.
Before signing a franchise agreement, consult a lawyer and accountant who will help you understand the risks involved with buying a franchise.
Always investigate a franchisor thoroughly before signing any type of agreement with them.

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