Kiddie Academy vs RightTime KiDS Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Kiddie Academy vs RightTime KiDS including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$345,000 - $5,605,000 | $138,500 - $313,500 |
Franchise Fee |
$135,000 | $31,500 |
Royalty Fee |
7% | - |
Advertising Fee |
2% | - |
Year Founded |
1981 | 2002 |
Year Franchised |
1992 | 2008 |
Term Of Agreement |
15 years | - |
Term Of Agreement |
15 years | - |
Renewal Fee |
Varies | - |
Business Experience Requirements |
Experience |
People and management skills | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
No/Yes | -/- |
Start-up Costs |
No/Yes | -/- |
Equipment |
No/Yes | -/- |
Inventory |
No/Yes | -/- |
Receivables |
No/No | -/- |
Payroll |
No/No | -/- |
Training & Support |
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 | - |
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 |
US Expansion |
Yes | - |
Canada Expansion |
No | - |
International Expansion |
No | - |
Company Overviews
About Kiddie Academy
It began in 1981 with an idea and a commitment. The idea was how to best combine learning with child care; the commitment was to do it better than anyone else. As you learn more about Kiddie Academy, you will realize we have a lesson plan that works! Reward your family with The Kiddie Academy Difference. When it comes to child care there's Kiddie Academy and then there's everyone else.
The total investment necessary to begin the operation of a Kiddie Academy® Franchise is $345,000 - $1,035,000 for a leased Kiddie Academy
franchised location, and $3,254,500 - $5,605,000 for a purchased Kiddie Academy franchised location. This includes $135,000 in Initial Fees that
must be paid to the franchisor or an affiliate.
Veteran Incentives $25,000 off franchise fee
#10 in Gator's Top franchises.
#108 in Franchise 500 for 2020.
#129 in Franchise 500 for 2021.
About RightTime KiDS
The Right Opportunity for the Right Entrepreneurs
We're looking for highly motivated individuals to join us in building a world-class drop-in childcare system. We want entrepreneurs who:
* Enjoy working with children and parents
* Appreciate the service value of drop-in childcare
* Are hard-working, responsible and detail oriented
* Have high energy, an outgoing nature, and a self-starter mentality
* Are customer-service oriented
* Enjoy working with diverse groups of people
* Have professional email, phone, and in-person customer skills
* Have excellent verbal and written communication skills
* Possess strong leadership, motivation and delegation abilities
If this describes you, we want to hear from you!
Our franchise package includes:
* Site selection assistance
* Lease negotiations
* Custom-developed proprietary software
* Architectural layouts and build out
* Operations manuals
* Marketing templates and materials
* Equipment purchase
* On-site employee training
* Turn-key solutions to get you open quickly and economically
* Dedicated Project Manager to work with you every step of the way on your build out
* Volume discounts on many essentials for day-to-day operations
* Intranet for Franchise Owners, including interactive forum to share ideas and solutions
* RTK University Courses, Evaluations and Certifications for you and your employees, providing ongoing online training and education
* Listed on the SBA REGISTRY for preferred, expedited SBA lending for
RightTime KiDS' franchisees
* Members of the IFA (Int'l Franchise Association), MinorityFran and VetFran to enable eligible franchise owners to participate in the benefits offered by those programs
* Plus MUCH more!