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Below is an in-depth analysis and side-by-side comparison of Kids 'R' Kids vs GiggleBytes 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 | $15,000 - And Up |
Franchise Fee | $115,000 | $15,000 |
Royalty Fee | 6% | 7-8% |
Advertising Fee | 1% | - |
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 | - |
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. | - |
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 | - |
Operations | - | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | Yes | - |
Do you enjoy working with children in a small group environment? Do you believe that technology offers tremendous opportunities for learning? Do you have a basic knowledge of computers and technology? If so, then GiggleBytes may be the program for you.GiggleBytes classes are offered in daycare centers, preschools, and private schools. After school, weekend and day camp programs for older children allow for flexible hours and income streams.GiggleBytes introduces preschool children to the wonderful world of technology, but GiggleBytes is more than just computers! Teachers implement our proprietary curriculum and work with each child to help him/her develop important academic skills including; letter and number recognition, shapes and colors, pre reading skills, phonics, spatial relations, auditory and visual discrimination, and much more! Exciting STEM (science, technology, engineering, and math) camps and classes for school age kids expand the GiggleBytes curriculum