Gymboree FDD – Franchise Information, Costs and Fees
Type of Business
Gymboree Play & Music® Centers offer non-therapeutic sensory-motor child programs (with or without a parent), early childhood music and art programs, exercise programs, birthday parties, theme parties and story line parties for infants and children in specified ages, and programs for parents and parents-to-be, using specially designed equipment and program aids. Gymboree Play & Music® Centers are available in various sizes to serve a range of customer populations and investment levels. This Disclosure Document describes the offer of the right to establish and operate one or more Gymboree Play & Music® Centers.
Corporate Information
GPPI, Inc. is a California corporation. Their principal business address is 3180 Campus Drive, San Mateo, California 94403. They have offered franchises since May 1995.
Investment
Gymboree Play & Music® Center – Standard and Mini sizes. A Gymboree Play & Music® Center features a Play Floor and a secondary classroom. The total investment necessary to begin operation of a single standard Gymboree Play & Music® Center is $153,000 – $389,100, including $106,000 – $111,700 that must be paid to the franchisor or their affiliate. The total investment necessary to begin operation of a single, smaller-scale Gymboree Play & Music® Center—the Play & Music Mini Center—is $135,000 – $266,100, including $88,000 – $93,700 that must be paid to the franchisor or their affiliate.
Gymboree Play & Music® Metro Play Center – Standard and Mini sizes. A Gymboree Play & Music® Metro Play Center features a Play Floor but no secondary classroom. The total investment necessary to begin operation of a single standard Gymboree Play & Music® Metro Play Center is $124,300 – $244,600, including $92,000 – $97,200 that must be paid to the franchisor or their affiliate. The total investment necessary to begin operation of a single, smaller-scale Gymboree Play & Music® Metro Play Center—the Metro Play Mini Center—is $106,300 – $216,600, including $74,000 – $79,200 that must be paid to the franchisor or their affiliate.
Gymboree Play & Music® Mobile Play Center. A Gymboree Play & Music® Mobile Play Center operates in a smaller Play Floor and uses community centers and other recreation areas instead of a dedicated facility. The total investment necessary to begin operation of a single Gymboree Play & Music® Mobile Play Center is $56,250 – $95,800, including $31,400 – $35,500 that must be paid to the franchisor or their affiliate.
Development Agreement. If you purchase one or more Play & Music Centers, Metro Play Centers, and/or Mobile Play Centers and you enter into a Development Agreement for the right to develop these Centers, you must pay to us a lump sum, non-refundable development fee. The development fee will be the sum of the applicable initial franchise fees for the number and types of Centers you agree to develop. The initial franchise fee for a single Gymboree Play & Music® Center is $45,000. The initial franchise fee for a single Gymboree Play and Music® Metro Play Center is $35,000. The initial
franchise fee for a single Gymboree Play & Music® Mobile Play Center is $20,000. The development fee will be credited towards the initial franchise fee for each Center developed. Franchisees who are purchasing an existing Center will sign a Franchise Agreement without first entering into a Development Agreement.