The Honors Learning Center vs Kids 'R' Kids Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of The Honors Learning Center vs Kids 'R' Kids including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
The Honors Learning Center Franchise
Kids 'R' Kids Franchise
Investment $64,500 - $68,700$4,401,000 - $5,701,000
Franchise Fee $25,000$115,000
Royalty Fee $2.5K/mo.6%
Advertising Fee -1%
Year Founded 19871985
Year Franchised 19911988
Term Of Agreement 10 years25 years + 10
Term Of Agreement 10 years25 years + 10
Renewal Fee --


Business Experience Requirements
 
The Honors Learning Center Franchise
Kids 'R' Kids Franchise
Experience
  • Marketing skills
  • Degree in education

    • Interested candidates should have a minimum net worth of $750,000 and liquid assets of at least $300,000

    Financing Options
     
    The Honors Learning Center Franchise
    Kids 'R' Kids Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/NoNo/No
    Start-up Costs No/NoNo/No
    Equipment No/NoNo/No
    Inventory No/NoNo/No
    Receivables No/NoNo/No
    Payroll No/NoNo/No

    Training & Support
     
    The Honors Learning Center Franchise
    Kids 'R' Kids Franchise
    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, Grand opening, Internet, Security/safety procedures, Field operations/evaluations

    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 Ad slicks -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 0% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 10

    Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

    		-

    Expansion Plans
     
    The Honors Learning Center Franchise
    Kids 'R' Kids Franchise
    US Expansion YesYes
    Canada Expansion NoNo
    International Expansion NoYes

    Company Overviews

    About The Honors Learning Center

    Sharee and Gary Miller started The Honors Learning Center as an individualized academic program. The centers' goal is to improve comprehension skills for each student by one full grade level after 36 hours of instruction. For every year since 1987, Honors students have averaged a gain of two full grade levels.

    Honors franchisees must have current state teaching certification.

    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
    "Entrepreneur
    #109 in Franchise 500 for 2020.
    #243 in Franchise 500 for 2021.