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Below is an in-depth analysis and side-by-side comparison of Kids 'R' Kids vs KLA Schools including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $4,401,000 - $5,701,000 | $1,121,000 - $5,954,750 |
Franchise Fee | $115,000 | $78,500 |
Royalty Fee | 6% | 6% |
Advertising Fee | 1% | 1.5% |
Year Founded | 1985 | - |
Year Franchised | 1988 | - |
Term Of Agreement | 25 years + 10 | - |
Term Of Agreement | 25 years + 10 | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | Interested candidates should have a minimum net worth of $750,000 and liquid assets of at least $300,000 | - |
Financing Options |
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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 |
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Training | Kids 'R' Kids Learning Academy's Operations and Support Team provides ongoing support for its franchisees and their businesses. Each franchised location has an assigned Operations Consultant to work directly with the franchise owner and act as the primary contact to assist with his or her needs. Thorough Training: Phase I - Business start-up training held at Support Center in Duluth, Georgia Phase II - Day-to-day Operations Training Class Phase III - Key Personnel training- Held on-site prior to opening | KLA provides more than four weeks of in-depth, hands-on classroom and onsite training prior to your school opening that will give you insight into the day-to-day experiences and requirements entailed in running your KLA franchise. A few topics covered during your initial training will be: * KLA Education Philosophy and Programs * Establishing and Operating the Business * School Setup * School Operations Overview * Daily Journals and Documentation * Recommended Equipment, Supplies and Furnishings |
Support | The Operations & Support team is committed to providing support within the following departments: marketing, curriculum and instruction, administration, as well as state and federal government relations. | The support services from KLA Schools� have been designed to assist each franchisee to quickly establish and assume operations of their school location and to provide the necessary tools to succeed as a KLA franchisee. Expand Contract Personnel Support Recruiting secure and knowledgeable personnel for your KLA childcare franchise is critical. We will educate you and ensure you are ready to hire the right individuals to support the success of your school. Employment Support includes: * Recruitment and Candidate Selection Process Overview * Orientation and Training of Personnel * Suggested Team Building Activities * Establishment of Personnel Policies * Evaluation of Employees * Ongoing Professional Development Expand Contract Real Estate and Design Support KLA Schools will identify the best preschool franchise site for you and will provide you with a Site Location Analysis to review. You also have the option of being delivered a turnkey educational center to start of your new venture. Real Estate and Design support includes: * Demographic Analysis * Site Selection * Lease Negotiations * School Design * Site Development * Sample Building Plans * Turnkey Solution/Center Development Agreement Expand Contract Marketing and Advertising Support As a KLA Schools franchisee, you benefit from marketing expertise that includes proven marketing plans and materials for use in your area. We will help you to locate appropriate public relations support to provide proper media exposure. We will also continue to explore and utilize new marketing technicques as ways to reach, educate and retain customers. Marketing and Advertising support includes: * Grand Opening Planning and Support * Planning for Pre-Opening Marketing Efforts * Website Solutions and Strategies (SEO, SEM, PPC) * Inquiry and Enrollment Process * Ongoing Local Advertising Support * Encouraging Community Involvement * Open House Planning |
Marketing | -Initial marketing plan -Pre-opening through Grand opening -Local marketing plan to acquire and retain customers -Social Media and Digital marketing program -Website -Customized local content -Public Relations -Brand and Local PR | * Grand Opening Planning and Support * Planning for Pre-Opening Marketing Efforts * Website Solutions and Strategies (SEO, SEM, PPC) * Inquiry and Enrollment Process * Ongoing Local Advertising Support * Encouraging Community Involvement * Open House Planning |
Operations | - | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | Yes | - |