| ||||
Updated RecentlyKids 'R' Kids vs Portal Languages Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Kids 'R' Kids vs Portal Languages including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $4,401,000 - $5,701,000 | $25,000 - $50,000 |
| Franchise Fee | $115,000 | $15,000 |
| Royalty Fee | 6% | 7% |
| Advertising Fee | 1% | - |
| Year Founded | 1985 | 2008 |
| Year Franchised | 1988 | 2013 |
| Term Of Agreement | 25 years + 10 | - |
| Term Of Agreement | 25 years + 10 | - |
| Renewal Fee | - | - |
Business Experience Requirements |
||
| Experience | Interested candidates should have a minimum net worth of $750,000 and liquid assets of at least $300,000 | - |
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 | 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 |
||
| US Expansion | Yes | - |
| Canada Expansion | No | - |
| International Expansion | Yes | - |
Company Overviews
About Kids 'R' Kids
Veteran Incentives 10% off franchise fee
!["Entrepreneur]("https://d3fg11dgb68kbp.cloudfront.net/assets/photos/franchise-badge-22686037fc120ba1bd59c2c9fd6e0fbf.png"){kind=icon}
About Portal Languages
Portal Languages began as a private language tutoring service by our founders from their apartment in Costa Mesa, California. The spark that launched the company came from a continuous demand for their language tutoring service. In January 2009, the founders decided to establish Portal Languages - " Costa Mesa in a 400 sq./ft. office space.
A website and a functional space was then created for the school. We decided to adopt the Language Teaching Methodology Series - “The Natural Approach, Language Acquisition” developed by Stephen D. Krashen and Tracy D Terrell.
What followed were several years of quick expansion as internet marketing campaigns, student referrals and a sound business principle began to pay off.
Portal Languages has been helping students acquire a foreign language for over 5 years. As a franchise owner, you’ll have continual support to develop a profitable and simple business. This is the Ideal business for an experienced language teacher with entrepreneurship skills who is interested in starting his/her own business and contribute to the community.
-Royalties and marketing are about 8% of gross sales;
-Average unit volumes are $200,000.