Start-Up Costs and Fees |
||
| Tutor Time | Smarter Toddler | |
| Investment | 355000 - 2800000 | 690100 - 1019100 |
| Franchise Fee | ||
| Royalty Fee | 6% | |
| Advertising Fee | ||
| Year Founded | 1988 | 2005 |
| Year Franchised | 1990 | 2008 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Tutor Time | Smarter Toddler | |
| Experience | General business experience Marketing skills | |
Financing Options |
||
| Tutor Time | Smarter Toddler | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Tutor Time | Smarter Toddler | |
| Training | ||
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | |
| Operations | 33% of all franchisees own more than one unit Number of employees needed to run franchised unit: 15 - 30 Absentee ownership of franchise is allowed. (70% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Tutor Time | Smarter Toddler | |
| 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 | |
| Tutor Time | |
| Smarter Toddler | |
| Franchise Fee | |
| Tutor Time | |
| Smarter Toddler | |
| Royalty Fee | |
| Tutor Time | 6% |
| Smarter Toddler | |
| Advertising Fee | |
| Tutor Time | |
| Smarter Toddler | |
| Year Founded | |
| Tutor Time | 1988 |
| Smarter Toddler | 2005 |
| Year Franchised | |
| Tutor Time | 1990 |
| Smarter Toddler | 2008 |
| Term Of Agreement | |
| Tutor Time | 15 years |
| Smarter Toddler | |
| Renewal Fee | |
| Tutor Time | $5K |
| Smarter Toddler | |
Business Experience Requirements |
|
| Experience | |
| Tutor Time | General business experience Marketing skills |
| Smarter Toddler | |
Financing Options |
|
| Franchise Fees | |
| Tutor Time | No |
| Smarter Toddler | No |
| Start-up Costs | |
| Tutor Time | |
| Smarter Toddler | |
| Equipment | |
| Tutor Time} | |
| Smarter Toddler | |
| Inventory | |
| Tutor Time | |
| Smarter Toddler | |
| Receivables | |
| Tutor Time | |
| Smarter Toddler | |
| Payroll | |
| Tutor Time | |
| Smarter Toddler | |
Training & Support |
|
| Training | |
| Tutor Time | |
| Smarter Toddler | |
| Support | |
| Tutor Time | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| Smarter Toddler | |
| Marketing | |
| Tutor Time | Co-op advertising, Ad slicks, National media, Regional advertising |
| Smarter Toddler | |
| Operations | |
| Tutor Time | 33% of all franchisees own more than one unit Number of employees needed to run franchised unit: 15 - 30 Absentee ownership of franchise is allowed. (70% of current franchisees are owner/operators) |
| Smarter Toddler | |
Expansion Plans |
|
| US Expansion | |
| Tutor Time | |
| Smarter Toddler | 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 | |
| Tutor Time | 0 |
| Smarter Toddler | |
| International Expansion | |
| Tutor Time | |
| Smarter Toddler | |