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Updated RecentlyHipKidz vs Monkey Joe's Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of HipKidz vs Monkey Joe's including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $250,000 | $918,088 - $1,484,129 |
| Franchise Fee | $20,000 | $40,000 |
| Royalty Fee | 7% | 5% |
| Advertising Fee | - | 2%-3% |
| Year Founded | 2006 | 2004 |
| Year Franchised | 2010 | 2005 |
| Term Of Agreement | - | 10 years |
| Term Of Agreement | - | 10 years |
| Renewal Fee | - | 0 |
Business Experience Requirements |
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| Experience | - | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | No/Yes |
| Start-up Costs | -/- | No/Yes |
| Equipment | -/- | No/Yes |
| Inventory | -/- | No/Yes |
| Receivables | -/- | No/Yes |
| Payroll | -/- | No/Yes |
Training & Support |
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| Training | - | - |
| Support | - | - |
| Marketing | - | - |
| Operations | - | - |
Expansion Plans |
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| US Expansion | - | - |
| Canada Expansion | No | No |
| International Expansion | No | No |
Company Overviews
About HipKidz
Chidren's Sports and Fitness centre for kids between the ages of 5-13 and is pretty high tech but great fun. The Process of Franchising will commence in Autumn 2010. To register your interest please email us at [email protected]
About Monkey Joe's
When you become a Monkey Joe's franchisee, you'll benefit from our help every step of the way. Our experts will provide training and ongoing support to help you successfully build your business. We assist and support all franchisees with:
Site Selection
Store Build-Out and Consultation
Finance Package
Equipment Package
Complete Training Program
Operations Manual and Ongoing Support
Marketing and Public Relations Support