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Below is an in-depth analysis and side-by-side comparison of Pingu's English vs Thinkertots including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $150,000 - $500,000 | $83,100 - $124,100 |
Franchise Fee | N/A | $35,000 |
Royalty Fee | - | 7% |
Advertising Fee | - | - |
Year Founded | 2006 | 1998 |
Year Franchised | 2007 | 2005 |
Term Of Agreement | - | 5 years |
Term Of Agreement | - | 5 years |
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 | -/- | 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 | - | * Available at headquarters: 2 weeks * At franchisee's location: 4 days |
Support | - | - |
Marketing | - | - |
Operations | - | * 0% of all franchisees own more than one unit * Number of employees needed to run franchised unit: 3 - 3 * Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | - | - |
International Expansion | - | - |
Pingu's English is an engaging, educational and entertaining Children's English course for 3-7+ year olds based on the enormously popular animated television character, Pingu. Using books, CDs, DVDs and online learning material developed by leading English language and child education specialists, Pingu's English offers exceptional value for money with extensive learning and support resources for children, their parents and the teacher. Combine this fun and interactive course with viewing figures of over 1 billion people on 140 TV channels around the world, and with over 5 million Pingu books sold globally, the opportunity to leverage the brand awareness generated by the television series, publishing and merchandising of the Pingu character within Pingu's English is enormous.
The Thinkertots method is founded on the belief that the key ingredients to future school success are: 1. A love of learning. 2. An ability to concentrate and focus. 3. An ability to follow directions. 4. Enjoyment of books and reading. 5. Getting along with others. Your child works on these important goals in every class he/she takes! The latest educational materials and methods help your child progress and master new challenges. You child will love our staff and unique approach and so will you. Make Thinkertots home for all of your child's early educational needs! Thinkertots has been featured by Fox News Channel's Fox and Friends, The New York Daily News, Long Island Newsday, and other media.
Do you think a Thinkertots Preschool Education Franchise might be for you?