|
Below is an in-depth analysis and side-by-side comparison of Reading Friends Franchise Company vs Smarter Toddler including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $110,950 - $297,500 | $690,100 - $1,019,100 |
Franchise Fee | $35,000 | $45,000 |
Royalty Fee | 5.5% | - |
Advertising Fee | - | - |
Year Founded | 1980 | 2005 |
Year Franchised | 2002 | 2008 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | - |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
||
Training | - | - |
Support | Grand opening, Field operations/evaluations | - |
Marketing | Co-op advertising, Ad slicks | - |
Operations |
100% of all franchisees own more than one unit Number of employees needed to run franchised unit: 9 Absentee ownership of franchise is allowed. | - |
Expansion Plans |
||
US Expansion | Yes | Yes |
Canada Expansion | No | - |
International Expansion | No | - |
At Smarter Toddler, we believe that the artistic, cultural, and social development of each child is integral to education. Operating two popular centers since 2007, we offer programs for children 3 months to 5 years of age focusing on whole child growth. We bring the outside world into the children's lives at school. The program provides a rich environment that promotes children's active exploration in all areas of development: physical, emotional, linguistic, aesthetic, and cognitive. We are dedicated to providing a foundation that encourages each child's lifelong love of learning through art and music. Through franchising, we plan to expand our philosophy with dedicated franchisees who want to help parents and their children grow into successful, well-rounded students. We realize that our success is dependent on your success and we will be with you every step of the way. From securing your location to opening of your center, our support team will provide guidance and advice. We're looking for franchisees who want to encourage each child's lifelong love of learning through art and music. With our schools at capacity, we know there's an opportunity for you!