College Nannies, Sitters and Tutors vs RightTime KiDS Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of College Nannies, Sitters and Tutors vs RightTime KiDS including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$105,000 - $158,000 | $138,500 - $313,500 |
Franchise Fee |
$45,000 | $31,500 |
Royalty Fee |
5% | - |
Advertising Fee |
2% | - |
Year Founded |
2001 | 2002 |
Year Franchised |
2005 | 2008 |
Term Of Agreement |
10 years | - |
Term Of Agreement |
10 years | - |
Renewal Fee |
$2K | - |
Business Experience Requirements |
Experience |
- | - |
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: 48 hours | - |
Support |
Meetings/Conventions
Grand Opening
Online Support
Security/Safety Procedures
Field Operations
Proprietary Software
Franchisee Intranet Platform | - |
Marketing |
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social media
SEO
Website development
Email marketing
Loyalty program/app | - |
Operations |
International franchisees required to buy multiple units/master licenses
Number of employees needed to run franchised unit: 2 - 3
Absentee ownership of franchise is NOT allowed.
| - |
Expansion Plans |
US Expansion |
Yes | - |
Canada Expansion |
No | - |
International Expansion |
Yes | - |
Company Overviews
About College Nannies, Sitters and Tutors
College Nannies and Tutors Builds Stronger Families by providing Role Models from Cradle to College. As a full-service family focused firm, franchisees specialize in placing nannies, babysitters, homework help and college prep tutors.
College Nannies and Tutors is seeking executive owners that share our core values and possess the desire and ability to grow multiple retail units.
The total investment necessary to begin operation of a College Nannies +
Sitters + Tutors business is from $105,000 to $173,000. This includes
the $45,000 initial franchise fee that must be paid to us. If you
purchase 2 franchised Territories at the same time, the Initial
Franchise Fee is $80,000 for both Territories. If you purchase 3
franchised Territories at the same time, the Initial Franchise Fee is
$105,000 for all 3 Territories.
#260 in Franchise 500 for 2020.
#274 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!