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Below is an in-depth analysis and side-by-side comparison of Kinderdance vs Monkey Bizness including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $18,100 - $46,750 | $350,000 - $585,000 |
Franchise Fee | $15,000 - $40,000 | $30,000 |
Royalty Fee | 6-12% | - |
Advertising Fee | 3% | - |
Year Founded | 1979 | 2003 |
Year Franchised | 1985 | 2006 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | 10% of current 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 | Yes/Yes | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | Classroom Training: 44 hours Additional Training: Annual continuing education conference | - |
Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Franchisee Intranet Platform | - |
Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | - |
Operations |
Franchise can be run from home. 0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 - 2
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | Yes | - |
Kinderdance is the original developmental Dance, Motor Skills, Gymnastics, Music and Fitness Programs that combine academic readiness skills specifically designed for children 15 months to 12. When founder Carol Kay Harsell's dance studio tripled in size in a matter of months, she wondered why her preschool dance program enrollment wasn't growing as well. After discussing the matter with CFO Bernard Friedman, Harsell realized the problem was that many young children were in child-care centers and preschools. When Friedman suggested they take their program to
where the children were, the concept for Kinderdance International was born. Within 30 days Harsell had 60 children from a local child-care center enrolled; within six months, she was marketing to the entire Phoenix area, offering on-site instruction to more than 30 child-care centers in the area. Franchisees offer Kinderdance's innovative 'education through dance' programs to thousands of children across North America, teaching at YMCAs, churches, public and private school systems, military bases and community centers, in addition to preschools and child-care centers.
Monkey Bizness is an exciting concept in children's amusement where kids truly can 'monkey around'! With colorful, interactive and exciting play structures of all shapes and sizes, kids will never get bored of climbing, bouncing, swinging, sliding and basically-going bananas! We believe in providing wholesome, activity based facilities to get kids off the couch and exercising their bodies and minds. That's why you'll never find video games at Monkey Bizness, only the latest in super fun, super exciting interactive inflatables, play structures,climbing walls, and games. And, don't forget the toddlers' we've got a separate section just for the little ones. A successful franchise doesn't need to have a big name, after all, what does a big name mean to you if you don't have the freshest concept, best support and the ability to keep your facility up to date and competitive. Monkey Bizness started with the idea that in order to grow and remain competitive, we needed facilities that could constantly evolve, grow, and keep customers coming back year after year. We developed our slogan 'where kids monkey around' because we will always be a fun, exciting place for kids and parents to play, regardless of the attractions in our play rooms. We have developed relationships with equipment manufacturers in various industries to design the most physically exciting and visually stimulating equipment for our facilities, all the while keeping an eye out for what's next on the horizon to keep our concept fresh. Ultimately, that's the name of the game in children's amusement. And that is what we offer as a franchisor, a progressive business model that has proven itself against the industry's top competitors. So, you can choose a bigger name, but at the end of the day, wouldn't you rather choose a business model that brings kids through the door, not accolades from the latest business publication?