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Below is an in-depth analysis and side-by-side comparison of College Nannies, Sitters and Tutors vs All About Kids including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $105,000 - $158,000 | $2,677,500 - $3,372,500 |
Franchise Fee | $45,000 | $50,000 |
Royalty Fee | 5% | - |
Advertising Fee | 2% | - |
Year Founded | 2001 | 2005 |
Year Franchised | 2005 | 2008 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | $2K | - |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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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 |
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Training | Classroom Training: 48 hours | Before your Center opens for business, we will make available to you and your employees initial training at our Center in Liberty Township, Ohio (owned by our T & J affiliate). Initial training is conducted on an as needed basis. It consists of a total of 24 hours of training over a 3-day period. |
Support | Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform | *Financial Assistance Provided *Site Selection Assistance *Lease Negotiation Assistance *Recruiting Assistance *Co-Operative Advertising |
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. | Many of our franchisee owners choose to be involved in the day to day operation of their center, but it is not a requirement. |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | No | - |
International Expansion | Yes | - |
Child care is the fastest growing service industry in the country. Learning Center based child care will continue to expand due to the number of parents who prefer a more formal setting for their children before they begin traditional schooling. Today, nearly two-thirds of mothers with young children have jobs and this trend continues to grow. The minimum capital requirements for a franchisee are $150,000 in liquid capital and a net worth minimum of $500,000. If you are interested in taking the next step to find out if an All About Kids Franchise could work for you, please contact us at 513-463-0222.