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Updated RecentlyHipKidz vs Tutu School Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of HipKidz vs Tutu School 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 | $73,700 - $135,200 |
| Franchise Fee | $20,000 | $36,000 |
| Royalty Fee | 7% | 5% |
| Advertising Fee | - | 1% |
| Year Founded | 2006 | 2008 |
| Year Franchised | 2010 | 2012 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| Training | - | On-The-Job Training: 74 hours Classroom Training: 17 hours |
| Support | - | Newsletter Meetings Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software |
| Marketing | - | Ad Templates Regional Advertising Social media Website development Email marketing |
| Operations | - | Number of Employees Required to Run: 2 |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | No | - |
| International Expansion | 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 Tutu School
Why buy a franchise?
Let’s see if we can guess… You have an entrepreneurial spirit, but feel no desire to re-invent the wheel and start building a business model from scratch, right? Perfect! Purchasing a franchise business is ideal for individuals who want to be in business for themselves, but not by themselves. Becoming a franchisee balances independence with support, and compliments the freedom of ownership with the security of proven success.Why open a tutu school?
Owning your own Tutu School gives you the unique opportunity to pair a thoughtful mission with an exciting brand, all wrapped up in the sweetest of packages.
Tutu School is a collection of boutique-style ballet schools that cater
specifically to children 18 months to 8 years-old. Our mission is
simple: We believe that exposing children at the earliest possible age
to creativity, movement, and classical music will only serve them well
in whatever they choose to do with their lives, that dancing like swans
and Sugar Plum Fairies not only exercises little bodies but also
nurtures big imaginations, and that twirling should be a fundamental
part of any childhood.