Start-Up Costs and Fees |
||
| Kiddie Academy | Computertots | |
| Investment | 345000 - 5605000 | 47700 - 66300 |
| Franchise Fee | 0 | 0 |
| Royalty Fee | 7% | 8% |
| Advertising Fee | 2% | |
| Year Founded | 1981 | 1983 |
| Year Franchised | 1992 | 1988 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Kiddie Academy | Computertots | |
| Experience | People and management skills | General business experience Marketing skills |
Financing Options |
||
| Kiddie Academy | Computertots | |
| Franchise Fees | No | Yes |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Kiddie Academy | Computertots | |
| Training | 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 | Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures |
| Marketing | Ad slicks, Regional advertising, Website, Web Advertising | National media, Regional 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) | Franchise can be run from home. International franchisees required to buy multiple units/master licenses; 10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 6 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
||
| Kiddie Academy | Computertots | |
| 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 | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Kiddie Academy | |
| Computertots | |
| Franchise Fee | |
| Kiddie Academy | |
| Computertots | |
| Royalty Fee | |
| Kiddie Academy | 7% |
| Computertots | 8% |
| Advertising Fee | |
| Kiddie Academy | 2% |
| Computertots | |
| Year Founded | |
| Kiddie Academy | 1981 |
| Computertots | 1983 |
| Year Franchised | |
| Kiddie Academy | 1992 |
| Computertots | 1988 |
| Term Of Agreement | |
| Kiddie Academy | 15 years |
| Computertots | 15 years |
| Renewal Fee | |
| Kiddie Academy | Varies |
| Computertots | 5% of franchise fee |
Business Experience Requirements |
|
| Experience | |
| Kiddie Academy | People and management skills |
| Computertots | General business experience Marketing skills |
Financing Options |
|
| Franchise Fees | |
| Kiddie Academy | No |
| Computertots | No |
| Start-up Costs | |
| Kiddie Academy | |
| Computertots | |
| Equipment | |
| Kiddie Academy} | |
| Computertots | |
| Inventory | |
| Kiddie Academy | |
| Computertots | |
| Receivables | |
| Kiddie Academy | |
| Computertots | |
| Payroll | |
| Kiddie Academy | |
| Computertots | |
Training & Support |
|
| Training | |
| Kiddie Academy | Classroom Training: 80 hours Additional Training: Online training |
| Computertots | |
| Support | |
| Kiddie Academy | Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Computertots | Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures |
| Marketing | |
| Kiddie Academy | Ad slicks, Regional advertising, Website, Web Advertising |
| Computertots | National media, Regional advertising |
| Operations | |
| 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) |
| Computertots | Franchise can be run from home. International franchisees required to buy multiple units/master licenses; 10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 6 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| 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 |
| Computertots | |
| Canada Expansion | |
| Kiddie Academy | |
| Computertots | |
| International Expansion | |
| Kiddie Academy | |
| Computertots | |