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Below is an in-depth analysis and side-by-side comparison of Learning Express vs Kazoo including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $25,825 - $364,150 | $135,200 - $389,500 |
Franchise Fee | $25,000 - $35,000 | $39,000 |
Royalty Fee | 5% | 7% |
Advertising Fee | - | 2% |
Year Founded | 1987 | 1980 |
Year Franchised | 1987 | 2011 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | 10% of then current fran. fee | - |
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/Yes | -/- |
Payroll | No/Yes | -/- |
Training & Support |
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Training | On-The-Job Training: 30 hours Classroom Training: 30 hours Additional Training: At toy fair, annual convention | 3 days of training, which is comprised of 16 hours of classroom training and 4 hours of on the job training. |
Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures ield Operations Site Selection Proprietary Software Franchisee Intranet Platform | �The products and services authorized for sale by procedures relating to Franchise specifications. �Purchasing approved equipment furnishings, signs, supplies, and anything else you need to outfit your Kazoo & Company Store �Help develop local advertising and promotional programs �Accounting, bookkeeping, administrative, and management procedures �Establishing and conducting employee programs at the Franchise |
Marketing | Co-op Advertising Ad Templates Social media SEO Website development Email marketing Loyalty program/app | - |
Operations |
10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 8 - 12
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | No | - |
International Expansion | Yes | - |
Learning Should be FUN
Learning Express Inc., is a specialty toy store franchise, with more than 100 locations across the country. As the leader of the specialty toy and children's gift category, Learning Express Inc. provides a fun and friendly shopping environment, with a knowledgeable sales staff that provides expert advice to parents looking for that perfect toy.
At Learning Express Inc., we pride ourselves on the quality and uniqueness of our toy selection. We carefully select each product to ensure shelves are stocked with unique and innovative products that encourage learning through play, including games and puzzles, developmental toys, arts and crafts kits, science and nature products, construction toys, books, dolls, plush and other unique items exclusive to Learning Express Inc. and specialty toy retailers.
Kazoo & Company Toys has been delighting its customers with toys, puzzles, and other games for over 30 years. Kazoo & Company has been recognized as a leader in the specialty toy industry and is now opening up to franchisees interested in sharing their secrets of success. Kazoo & Company Toys is an award-winning, community-oriented toy store that offers something new to kids. Their philosophy lies on educational, non-violent, toys, games and puzzles, and values itself on quality entertainment. Ever since 1980 Kazoo & Company has been helping to shape the lives of kids and parents since 1980. The Kazoo & Company Difference �Utilizing a progressive business approach and code of ethics �Offering non-violent, educational, positive toys and games �Being community-involved and recognized �Commitment to excellence in business ethics �Award-winning toys and business philosophy A Booming Industry! In the United States alone, overall revenue for toy and hobby stores topped over $16.8 billion in 2010, with 2% revenue growth for that year. This industry employs 142,343 people, with more than 22,000 established stores generating nearly $2 billion in total wages (2010). The gross product for the hobby and toy store industry is nearly $2.5 billion. This industry offers a unique opportunity for investors and Kazoo & Company Toys gives you all the tools necessary to succeed. Kazoo & Company is dedicated not only to your monetary success, but also the success of your brand. Developing customer satisfaction and retention is the foundation of continued profitability.