Monkey Joe's vs Parker-Anderson Enrichment Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Monkey Joe's vs Parker-Anderson Enrichment including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
	Monkey Joe's Franchise	Parker-Anderson Enrichment Franchise
Investment	$918,088 - $1,484,129	$15,980 - $81,100
Franchise Fee	$40,000	N/A
Royalty Fee	5%	8%
Advertising Fee	2%-3%	-
Year Founded	2004	2005
Year Franchised	2005	2014
Term Of Agreement	10 years	-
Term Of Agreement	10 years	-
Renewal Fee	0	-
Business Experience Requirements
	Monkey Joe's Franchise	Parker-Anderson Enrichment Franchise
Experience	-	-
Financing Options
	Monkey Joe's Franchise	Parker-Anderson Enrichment Franchise
	In-House/3rd Party	In-House/3rd Party
Franchise Fees	No/Yes	-/Yes
Start-up Costs	No/Yes	-/-
Equipment	No/Yes	-/-
Inventory	No/Yes	-/-
Receivables	No/Yes	-/-
Payroll	No/Yes	-/-
Training & Support
	Monkey Joe's Franchise	Parker-Anderson Enrichment Franchise
Training	-	On-The-Job Training: 2-6 hours Classroom Training: 18-22 hours Additional Training: Oline training
Support	-	Meetings/Conventions Toll-Free Line Online Support
Marketing	-	National Media Website development
Operations	-	Number of Employees Required to Run: 1 - 4
Expansion Plans
	Monkey Joe's Franchise	Parker-Anderson Enrichment Franchise
US Expansion	-	Yes
Canada Expansion	No	-
International Expansion	No	-

Company Overviews

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

About Parker-Anderson Enrichment

For over twenty-five years, Parker-Anderson Enrichment has offered the most diverse selection of kids programs
that any franchise has to offer. Our motto is “Fun Comes First,” our intention is to educate through hands-on learning,
and our hope is that students around the world can share our abundant array of classes.
Considering that demand keeps growing for after school programs, and that shrinking school budgets increase the market for someone to take over hands-on learning

#373 in Franchise 500 for 2021.