Baby Power/Forever Kids vs Monkey Joe's Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Baby Power/Forever Kids vs Monkey Joe's including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Baby Power/Forever Kids Franchise
Monkey Joe's Franchise
Investment $105,000 - $135,000$918,088 - $1,484,129
Franchise Fee $20,000$40,000
Royalty Fee 5%5%
Advertising Fee -2%-3%
Year Founded 19732004
Year Franchised 19962005
Term Of Agreement 10 years10 years
Term Of Agreement 10 years10 years
Renewal Fee $5K0


Business Experience Requirements

 
Baby Power/Forever Kids Franchise
Monkey Joe's Franchise
Experience
  • General business experience
  • -

    Financing Options

     
    Baby Power/Forever Kids Franchise
    Monkey Joe's Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/NoNo/Yes
    Start-up Costs No/NoNo/Yes
    Equipment No/NoNo/Yes
    Inventory No/NoNo/Yes
    Receivables No/NoNo/Yes
    Payroll No/NoNo/Yes

    Training & Support

     
    Baby Power/Forever Kids Franchise
    Monkey Joe's Franchise
    Training --
    Support Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations-
    Marketing Co-op advertising, Regional advertising-
    Operations 0% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 3

    Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

    -

    Expansion Plans

     
    Baby Power/Forever Kids Franchise
    Monkey Joe's Franchise
    US Expansion --
    Canada Expansion NoNo
    International Expansion NoNo

    Company Overviews

    About Baby Power/Forever Kids

    BabyPower/Forever Kids is today's most progressive and developmentally appropriate exercise and musical parent/child play program. BabyPower has operated successfully in Company owned centers throughout the Northeastern US since 1973. The program has been designed to build confidence and promote child development, communication and parent/child bonding. BabyPower introduces children to new playmates and their most valuable playmates of all: THEIR PARENTS! That is because all BabyPower classes are parent-child interactive. So, when student achieves a breakthrough in sensory awareness, balance or language skills, the parent will actually see it happen! The BabyPower Program is a 10-week, hour long pre-nursery school play program for children and their parents. The course is a systematically designed and consistently adhered to program customized for promoting child development, parent/child communications, play and bonding. Parents participate equally with their children during each one hour session. BabyPower graduates are more prepared to enter daycare and school programs than other children. Our graduates learn to follow direction as they develop a more outgoing personality. Graduates are more adjusted toward interacting with others, thus paving the way for the development of life long friendships and excellent learning behavioral skills.The Forever Kids Programs at Baby Power were designed to develop the second phase in a child's development. Through arts and crafts, cooking, theme classes, gym play and science experiments, fine motor skills, hand-eye coordination, and self expression are culitvated while using creativity to have FUN.
     
     
          Target market (Baby Power programs) not commonly targeted by other child-focused businesses (6 mos - 3 years old) (Forever Kids programs 3 years to six years)
          Lifestyle business - flexible class schedule
          Uncommon support from founder as new franchise is ramping up Evolving programs for children - multi-faceted programs challenging the emotional, intellectual and physical aspects of children; programs evolve as child grows
          Parent-child enrichment programs - parents involved in child’s experience
          Flexible hands-on or hands-off managerial approach
          Six revenue streams: Baby Power Programs,( 6 mo - 3 years) Forever Kids Programs (3 years - 6 years) Birthday Parties, Open Gym, Two Hour Drop Off Programs 3-6 years, Preschool enrichment program, and Products (music, toys and coloring books)

    About Monkey Joe's

     When you become a Monkey Joe's franchisee, you'll benefit from our help every step of the way. Our experts will provide training and ongoing support to help you successfully build your business. We assist and support all franchisees with:

     Site Selection
    Store Build-Out and Consultation
    Finance Package
    Equipment Package
    Complete Training Program
    Operations Manual and Ongoing Support
    Marketing and Public Relations Support