Start-Up Costs and Fees |
||
| Academy for Mathematics & English | Kiddie Academy | |
| Investment | 120000 - 150000 | 345000 - 5605000 |
| Franchise Fee | 0 | |
| Royalty Fee | 7% | |
| Advertising Fee | 2% | |
| Year Founded | 1993 | 1981 |
| Year Franchised | 1993 | 1992 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Academy for Mathematics & English | Kiddie Academy | |
| Experience | People and management skills | |
Financing Options |
||
| Academy for Mathematics & English | Kiddie Academy | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Academy for Mathematics & English | Kiddie Academy | |
| Training | 3 weeks | Classroom Training: 80 hours Additional Training: Online training |
| Support | Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | |
| Marketing | Ad slicks, Regional advertising, Website, Web Advertising | |
| Operations | 15% of all franchisees own more than one unit Number of employees needed to run franchised unit: 20 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Academy for Mathematics & English | Kiddie Academy | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Academy for Mathematics & English | |
| Kiddie Academy | |
| Franchise Fee | |
| Academy for Mathematics & English | |
| Kiddie Academy | |
| Royalty Fee | |
| Academy for Mathematics & English | |
| Kiddie Academy | 7% |
| Advertising Fee | |
| Academy for Mathematics & English | |
| Kiddie Academy | 2% |
| Year Founded | |
| Academy for Mathematics & English | 1993 |
| Kiddie Academy | 1981 |
| Year Franchised | |
| Academy for Mathematics & English | 1993 |
| Kiddie Academy | 1992 |
| Term Of Agreement | |
| Academy for Mathematics & English | |
| Kiddie Academy | 15 years |
| Renewal Fee | |
| Academy for Mathematics & English | |
| Kiddie Academy | Varies |
Business Experience Requirements |
|
| Experience | |
| Academy for Mathematics & English | |
| Kiddie Academy | People and management skills |
Financing Options |
|
| Franchise Fees | |
| Academy for Mathematics & English | |
| Kiddie Academy | |
| Start-up Costs | |
| Academy for Mathematics & English | |
| Kiddie Academy | |
| Equipment | |
| Academy for Mathematics & English} | |
| Kiddie Academy | |
| Inventory | |
| Academy for Mathematics & English | |
| Kiddie Academy | |
| Receivables | |
| Academy for Mathematics & English | |
| Kiddie Academy | |
| Payroll | |
| Academy for Mathematics & English | |
| Kiddie Academy | |
Training & Support |
|
| Training | |
| Academy for Mathematics & English | 3 weeks |
| Kiddie Academy | Classroom Training: 80 hours Additional Training: Online training |
| Support | |
| Academy for Mathematics & English | |
| Kiddie Academy | Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| Academy for Mathematics & English | |
| Kiddie Academy | Ad slicks, Regional advertising, Website, Web Advertising |
| Operations | |
| Academy for Mathematics & English | |
| Kiddie Academy | 15% of all franchisees own more than one unit Number of employees needed to run franchised unit: 20 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Academy for Mathematics & English | |
| Kiddie Academy | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | |
| Academy for Mathematics & English | 0 |
| Kiddie Academy | |
| International Expansion | |
| Academy for Mathematics & English | |
| Kiddie Academy | |