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Updated RecentlyKids 'R' Kids vs Challenge Island Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Kids 'R' Kids vs Challenge Island 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 | $48,300 - $62,950 |
| Franchise Fee | $115,000 | $39,900 |
| Royalty Fee | 6% | 6% |
| Advertising Fee | 1% | 2% |
| Year Founded | 1985 | 2003 |
| Year Franchised | 1988 | 2012 |
| 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 | -/Yes |
| Start-up Costs | No/No | -/Yes |
| 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 | 3 days of classroom and hands-on training. Some of the key aspects of the training is provided by the Founder of Challenge Island, Sharon Estroff. Once you return to your market and are ready for business, Challenge Island will have a support person come to your market for one-full day and provide on-site training and assistance. On-The-Job Training: 8 hours Classroom Training: 24 hours |
| 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. | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform |
| 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 | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing |
| Operations | - | - |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | No | - |
| International Expansion | Yes | Yes |
Company Overviews
About Kids 'R' Kids
Veteran Incentives 10% off franchise fee
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About Challenge Island
Challenge Island Founder and Creator, Sharon Duke Estroff M.A.T. is an award-winning educator with over two decades of teaching experience in Atlanta public and private schools. She is the author of the popular parenting book Can I Have a Cell Phone for Hanukkah? (Random House) and a feature parenting and education writer for numerous national publications including Woman's Day, Good Housekeeping, Parents Magazine, and Huffington Post.
Sharon created Challenge Island while on maternity leave with her fourth child. Maxed out on late-night reruns of a popular, realityTV show, she began wondering if the same basic principals (minus the voting and island part) could become a means of motivating her students to take on complex higher level thinking tasks. She poured everything she'd learned about children into developing this idea, incorporating cutting edge research and educational thought. By the time her daughter graduated from 3 am feedings, Challenge Island was ready for primetime. It's been growing by leaps and bounds ever since.
Now over a decade later, thousands of children have experienced the magic and benefits of Challenge Island, as Sharon continues to develop fresh curriculum and content for this popular enrichment program.
*It's a proven model - truly a home-based business;
*Requires only a modest investment;
*Has NO national competition;
*Quick ROI on your low-cost franchise;
*Can be operated as a part/full time business;
*Has high profit margins;
*Has low fixed overhead;
*It's easy to operate;
*It can be easily taught to anyone;
*The classes, camps and birthday parties are affordable by nearly any family;
*Parents view the classes, camps, and birthday parties as educational and therefore feel that the fees are well spent.
*Year-round income with camps during school vacations and birthday parties anytime.
*Thrive in any economy by providing affordable classes to parents who put education first on their list of expenditures.
Veteran Incentives 10% off franchise fee