CompuChild vs Kids 'R' Kids Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of CompuChild vs Kids 'R' Kids including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$14,900 - $29,900 | $4,401,000 - $5,701,000 |
Franchise Fee |
$7,500 - $12,500 | $115,000 |
Royalty Fee |
Varies | 6% |
Advertising Fee |
- | 1% |
Year Founded |
1994 | 1985 |
Year Franchised |
2001 | 1988 |
Term Of Agreement |
5 years | 25 years + 10 |
Term Of Agreement |
5 years | 25 years + 10 |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
General business experience Marketing skills | Interested candidates should have a minimum net worth of $750,000 and liquid assets of at least $300,000 |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
No/No | No/No |
Start-up Costs |
No/No | No/No |
Equipment |
No/No | No/No |
Inventory |
No/No | No/No |
Receivables |
No/No | No/No |
Payroll |
No/No | No/No |
Training & Support |
Training |
- | Kids 'R' Kids Learning Academy's Operations and Support Team provides ongoing support for its franchisees and their businesses. Each franchised location has an assigned Operations Consultant to work directly with the franchise owner and act as the primary contact to assist with his or her needs.
Thorough Training:
Phase I - Business start-up training held at Support Center in Duluth, Georgia
Phase II - Day-to-day Operations Training Class
Phase III - Key Personnel training- Held on-site prior to opening
|
Support |
Newsletter, Meetings, Toll-free phone line, Internet | The Operations & Support team is committed to providing support within the following departments:
marketing, curriculum and instruction, administration, as well as state and federal government relations.
|
Marketing |
National media |
-Initial marketing plan
-Pre-opening through Grand opening
-Local marketing plan to acquire and retain customers
-Social Media and Digital marketing program
-Website
-Customized local content
-Public Relations
-Brand and Local PR
|
Operations |
Franchise can be run from home.
10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1
Absentee ownership of franchise is allowed. (99% of current franchisees are owner/operators) | - |
Expansion Plans |
US Expansion |
- | Yes |
Canada Expansion |
No | No |
International Expansion |
Yes | Yes |
Company Overviews
About CompuChild
COMPUCHILD has been offering STEAM (Science, Technology, Engineering, Art and Math) based enrichment classes to children in the United States since 1994. With their unique emphasis on Entrepreneurial STEAMâ„¢, COMPUCHILD'S programs help kindle the spirit of learning and innovation for the social good at a very young age.
As a CompuChild Program Director, you join an organization that is 100% committed to your success. We provide comprehensive training and on-going support to ensure you achieve the level of success you desire. CompuChild works with one of the nation's leading franchise development firms to ensure that our franchise program provides cutting-edge training, communication and support systems necessary to ensure our franchisees success.
You begin your business with 3 days of comprehensive training conducted in your territory (including our working with you to secure your initial clients). Your training includes a complete review of the operational policies and procedures important to your business, which are all detailed in our Confidential Operations and Policies Manual. You will also receive the forms and materials necessary to operate your business.
In addition, you are encouraged to interact with other Program Directors who will reinforce the most effective methods of securing clients, generating students, promoting your classes and other important aspects of your business. You will love the camaraderie enjoyed by our Program Directors who work together for the benefit of the entire organization.
As a CompuChild franchisee, you can be confident in your ability to operate your business, whether you have previous business experience or not. Although you will enjoy the benefits of owning your own business, you will not be operating your business alone. CompuChild provides the assistance and support you desire to ensure your success as we work together to make CompuChild the world's leader in preschool computer education.
About Kids 'R' Kids
Headquartered in the North Atlanta suburb of Duluth, Ga., Kids 'R' Kids Learning Academies provide a secure, nurturing, and educational environment for children (ages six weeks - 12 years) to bloom into responsible, considerate, and contributing members of society. With nearly 160 learning academies in 16 states, Kids 'R' Kids International is a family-owned and operated organization that ranks in the top three nationwide for franchised early childhood education centers. :
Expansion Plans
In 2016, Kids 'R' Kids Learning Academies is on track to open new schools in Tampa and Orlando, Fla.; Buford, Ga.; Carry, Ill.; Princeton and Montville, N.J., as well as Fort Worth and Dallas, Texas. To drive additional franchise development, the company is seeking qualified franchisees to open 15 to 20 schools in cities, including Atlanta, Dallas, Houston, Denver, Orlando, and Las Vegas; as well as communities in New Jersey, Virginia and the Capital Region of Maryland. For international development, the company is targeting select markets across South America, United Arab Emirates, Australia, Colombia and India.
Veteran Incentives 10% off franchise fee
#109 in Franchise 500 for 2020.
#243 in Franchise 500 for 2021.