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Below is an in-depth analysis and side-by-side comparison of The Little Gym vs Tippi Toes Dance Company including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $174,900 - $456,500 | $28,000 - $40,000 |
Franchise Fee | $39,500 - $59,500 | $28,000 |
Royalty Fee | 8% | 6% |
Advertising Fee | 1% | - |
Year Founded | 1976 | 1999 |
Year Franchised | 1992 | 2009 |
Term Of Agreement | 10 years | 10 years |
Term Of Agreement | 10 years | 10 years |
Renewal Fee | - | $10K |
Business Experience Requirements |
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Experience | None needed as we train to the specific needs of each franchise owner. | |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | On-The-Job Training: 55 hours Classroom Training: 100 hours Additional Training: At existing franchise location | On-site training at initial start up; seminars annually |
Support | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform | Weekly phone calls (as needed), Meetings, phone line, Internet, Security/safety procedures, On Site sales, and start-up |
Marketing | Ad Templates National Media Social media SEO Website development Email marketing | - |
Operations |
International franchisees required to buy multiple units/master licenses Number of employees needed to run franchised unit: 5 - 7
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | Franchise can be run from home. 0% of all franchisees own more than one unit Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | No | - |
International Expansion | Yes | - |
Tippi Toes provides a unique experience in a family-oriented environment and is dedicated to offering exceptional service to customers. We have proven our operations, training, marketing services, etc, over the past few years and are expanding by appointing qualified individuals to operate one or more dance dream worlds as a franchise. Tippi Toes also uses original music specifically designed to make our dance classes more kid-freindly and positive unlike any other children's activity.Tippi Toes Dance Company is a family business and we are as committed to your success as to our own. We are looking for people who love children and want to improve their lives on a daily basis! Tippi Toes provides a unique experience in a family-oriented environment and we are dedicated to offering exceptional service to customers. We have proven our operations, marketing services, etc, over the past few years and are ready to expand into the states of Texas, Oklahoma, Ohio, Minnesota, Florida Kansas and Missouri by appointing qualified individuals to operate one or more dance dream worlds as a franchise. If you genuinely enjoy children If you are interested in owning your own business but not being in business alone If you are interested in having a business with an excellent growth and profit potential You may just be the right person to be our next franchise. When you become a Tippi Toes Dance Company franchisee you'll receive all the training, materials and support you need. And as with any family, we'll be communicating on a regular basis, keeping you aware of the latest trends and developments.