College Nannies, Sitters and Tutors vs Summit Learning Services Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of College Nannies, Sitters and Tutors vs Summit Learning Services including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
College Nannies, Sitters and Tutors Franchise
Summit Learning Services Franchise
Investment $105,000 - $158,000$32,995 - $46,995
Franchise Fee $45,000$12,995 - $24,995
Royalty Fee 5%14%
Advertising Fee 2%-
Year Founded 20012007
Year Franchised 20052009
Term Of Agreement 10 years5 years
Term Of Agreement 10 years5 years
Renewal Fee $2K-


Business Experience Requirements
 
College Nannies, Sitters and Tutors Franchise
Summit Learning Services Franchise
Experience --

Financing Options
 
College Nannies, Sitters and Tutors Franchise
Summit Learning Services Franchise
  In-House/3rd PartyIn-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
 
College Nannies, Sitters and Tutors Franchise
Summit Learning Services Franchise
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. Franchise can be run from home. 25% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 2. Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators).

Expansion Plans
 
College Nannies, Sitters and Tutors Franchise
Summit Learning Services Franchise
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.

"Entrepreneur

#260 in Franchise 500 for 2020.
#274 in Franchise 500 for 2021.



About Summit Learning Services

Summit Learning Services was established by Jeanee Thompson and Ed Cwieka. Beginning with only 1 understudy, Summit Learning Services developed to 150 understudies in 3 months. The organization gave mentoring administrations at their corporate office and in addition understudy's homes.

In 2008, Summit Learning Services was named "Business Accomplice Of They Year" by Broward County Public Schools. The principal establishment was sold in 2009 and numerous more units are being arranged all through the USA and Canada.

Extent of Services

Utilizing a blend of outsider and restrictive educational modules, Summit is taking in Services mentors understudies from K-12 in perusing, math and science. The organization gives these administrations to understudies in the No Child Left Behind program and also private pay understudies. The organization has a strict arrangement of utilizing just state confirmed instructors as guides.