Start-Up Costs and Fees |
||
| Kiddie Academy | Thinkertots | |
| Investment | 345000 - 5605000 | 83100 - 124100 |
| Franchise Fee | 0 | |
| Royalty Fee | 7% | 7% |
| Advertising Fee | 2% | |
| Year Founded | 1981 | 1998 |
| Year Franchised | 1992 | 2005 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Kiddie Academy | Thinkertots | |
| Experience | People and management skills | |
Financing Options |
||
| Kiddie Academy | Thinkertots | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Kiddie Academy | Thinkertots | |
| Training | Classroom Training: 80 hours Additional Training: Online training | * Available at headquarters: 2 weeks * At franchisee's location: 4 days |
| 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) | * 0% of all franchisees own more than one unit * Number of employees needed to run franchised unit: 3 - 3 * Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
||
| Kiddie Academy | Thinkertots | |
| 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 | |
| Thinkertots | |
| Franchise Fee | |
| Kiddie Academy | |
| Thinkertots | |
| Royalty Fee | |
| Kiddie Academy | 7% |
| Thinkertots | 7% |
| Advertising Fee | |
| Kiddie Academy | 2% |
| Thinkertots | |
| Year Founded | |
| Kiddie Academy | 1981 |
| Thinkertots | 1998 |
| Year Franchised | |
| Kiddie Academy | 1992 |
| Thinkertots | 2005 |
| Term Of Agreement | |
| Kiddie Academy | 15 years |
| Thinkertots | 5 years |
| Renewal Fee | |
| Kiddie Academy | Varies |
| Thinkertots | |
Business Experience Requirements |
|
| Experience | |
| Kiddie Academy | People and management skills |
| Thinkertots | |
Financing Options |
|
| Franchise Fees | |
| Kiddie Academy | No |
| Thinkertots | No |
| Start-up Costs | |
| Kiddie Academy | |
| Thinkertots | |
| Equipment | |
| Kiddie Academy} | |
| Thinkertots | |
| Inventory | |
| Kiddie Academy | |
| Thinkertots | |
| Receivables | |
| Kiddie Academy | |
| Thinkertots | |
| Payroll | |
| Kiddie Academy | |
| Thinkertots | |
Training & Support |
|
| Training | |
| Kiddie Academy | Classroom Training: 80 hours Additional Training: Online training |
| Thinkertots | * Available at headquarters: 2 weeks * At franchisee's location: 4 days |
| Support | |
| Kiddie Academy | Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Thinkertots | |
| Marketing | |
| Kiddie Academy | Ad slicks, Regional advertising, Website, Web Advertising |
| Thinkertots | |
| 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) |
| Thinkertots | * 0% of all franchisees own more than one unit * Number of employees needed to run franchised unit: 3 - 3 * Absentee ownership of franchise is 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 |
| Thinkertots | |
| Canada Expansion | |
| Kiddie Academy | |
| Thinkertots | |
| International Expansion | |
| Kiddie Academy | |
| Thinkertots | |