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Below is an in-depth analysis and side-by-side comparison of Kiddie Academy vs Thinkertots including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $345,000 - $5,605,000 | $83,100 - $124,100 |
Franchise Fee | $135,000 | $35,000 |
Royalty Fee | 7% | 7% |
Advertising Fee | 2% | - |
Year Founded | 1981 | 1998 |
Year Franchised | 1992 | 2005 |
Term Of Agreement | 15 years | 5 years |
Term Of Agreement | 15 years | 5 years |
Renewal Fee | Varies | - |
Business Experience Requirements |
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Experience | People and management skills | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | No/Yes |
Start-up Costs | No/Yes | No/Yes |
Equipment | No/Yes | No/Yes |
Inventory | No/Yes | No/Yes |
Receivables | No/No | No/Yes |
Payroll | No/No | No/Yes |
Training & Support |
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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 |
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US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | No | - |
The Thinkertots method is founded on the belief that the key ingredients to future school success are: 1. A love of learning. 2. An ability to concentrate and focus. 3. An ability to follow directions. 4. Enjoyment of books and reading. 5. Getting along with others. Your child works on these important goals in every class he/she takes! The latest educational materials and methods help your child progress and master new challenges. You child will love our staff and unique approach and so will you. Make Thinkertots home for all of your child's early educational needs! Thinkertots has been featured by Fox News Channel's Fox and Friends, The New York Daily News, Long Island Newsday, and other media.
Do you think a Thinkertots Preschool Education Franchise might be for you?