|
Below is an in-depth analysis and side-by-side comparison of Monkey Joe's vs Kids in Sports including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $918,088 - $1,484,129 | $202,750 - $331,250 |
Franchise Fee | $40,000 | $35,000 |
Royalty Fee | 5% | 7% |
Advertising Fee | 2%-3% | 1% |
Year Founded | 2004 | - |
Year Franchised | 2005 | - |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | 0 | - |
Business Experience Requirements |
||
Experience | - | - |
Financing Options |
||
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 |
||
Training | - | - |
Support | - | We have a comprehensive franchise training and support program. You will have full support from our experienced team with: *Site selection and build-out assistance *Marketing and advertising programs that help you build brand awareness in your local market area *Sales tools and customer service programs to enroll students and keep them coming back *Franchise training programs that enable you to operate your business with confidence from day one *On-going enhancements to our proprietary IT system to keep you up-to-date in managing and growing your business *On-going support and coaching from Michael, Ken and the Kids In Sports team |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
||
US Expansion | - | Yes |
Canada Expansion | No | - |
International Expansion | No | - |
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