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Below is an in-depth analysis and side-by-side comparison of Nutty Scientists vs EuroKids including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $35,500 - $43,800 | $103,000 - $206,000 |
Franchise Fee | $28,000 | N/A |
Royalty Fee | 6%-8% | - |
Advertising Fee | 2% | - |
Year Founded | 1996 | - |
Year Franchised | 1997 | - |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | * Enjoy working with young children. * An entrepreneurial spirit and strong desire to succeed * The ability to manage finances * A willingness to personally devote full time and best efforts to the day-to-day operation of the EuroKids Pre School * A willingness to complete a comprehensive training program and become proficient in all aspects of operating a EuroKids Pre School. * Financial resources * Committed to the cause of providing good quality education to young children. |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/Yes | -/- |
Start-up Costs | -/Yes | -/- |
Equipment | -/Yes | -/- |
Inventory | -/Yes | -/- |
Receivables | -/Yes | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | On-The-Job Training: 21 hours Classroom Training: 21 hours | EuroKids India trains qualifying Franchisees in the EuroKids curriculum and delivery method, as well as business strategies for owning and operating a successful EuroKids franchise. In addition to this franchisees also take part in our continuing skill enhancement programs. |
Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform | - |
Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing | - |
Operations | Absentee Ownership Allowed Number of Employees Required to Run: 2 | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | - | - |
International Expansion | Yes | - |
Nutty Scientists® is a leading global provider of scientific
activities for children of all ages, and we’re an ideal franchise
opportunity for all types of people. If you want to make a difference in
the way children perceive and learn science and you have the ability to
market the service and programs we offer to the schools and families in
your community - a Nutty Scientists franchise could be a perfect fit.
Join a Worldwide Franchise Network
Nutty Scientists has franchised locations in more than 40 countries
across the globe and our reach continues to expand every day. Each
franchisee plays a special role in their community, but their main
responsibility is to enhance children’s lives by making science fun.
Choose from two franchise models:
The Home-Based Opportunity
To qualify to be a EuroKids franchisee you will need to possess a minimum area of 1500 sq feet (self owned or rented) in a quiet, tranquil and peaceful locality. The premises should be on the ground floor with an open outdoor area to match which will act as the outdoor play area. The premises should also have independent access, attached toilet facilities and should be well ventilated. Preference will be accorded to independent houses with above mentioned minimum facilities. The initial investment will be in the range of INR 5,00,000/- to INR 10,00,000/- The initial investment would be towards ambience and equipment costs and would include the start up franchisee. Please also note that the initial investment is dependent on the model of the Pre-School and could vary based on location and other factors. Selected franchisees will undergo an extensive training program on the business strategies for owning and operating a successful Pre-School. In addition to these franchisees and their staff members will receive initial and continuous training for the EuroKids curriculum and the delivery method. But the fundamental requirement to be a EuroKids franchisee is the commitment to help carry forward our ambition of making learning a fun experience for kids. So if you love working with children EuroKids is the best opportunity you could ask for!