Discovery Point vs RightTime KiDS Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Discovery Point vs RightTime KiDS including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$405,572 - $3,443,722 | $138,500 - $313,500 |
Franchise Fee |
$75,000 | $31,500 |
Royalty Fee |
4.7K-$6.5K/mo. | - |
Advertising Fee |
1.8K/mo. | - |
Year Founded |
1988 | 2002 |
Year Franchised |
1990 | 2008 |
Term Of Agreement |
20 years | - |
Term Of Agreement |
20 years | - |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
- | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
-/Yes | -/- |
Start-up Costs |
-/Yes | -/- |
Equipment |
-/Yes | -/- |
Inventory |
-/Yes | -/- |
Receivables |
-/Yes | -/- |
Payroll |
-/Yes | -/- |
Training & Support |
Training |
On-The-Job Training: 80 hours
Classroom Training: 80 hours
Additional Training: At existing center
| - |
Support |
Purchasing Co-ops
Meetings/Conventions
Grand Opening
Online Support
Field Operations
Site Selection
| - |
Marketing |
Ad Templates
National Media
Regional Advertising
Social media
SEO
Website development
Email marketing | - |
Operations |
Number of Employees Required to Run: 35 | - |
Expansion Plans |
US Expansion |
Yes | - |
Canada Expansion |
- | - |
International Expansion |
- | - |
Company Overviews
About Discovery Point
Since 1988, we have built world-class child development centers from the ground up. We are very selective and want to be sure that our franchisees are well supported and that each owner has the same passion for quality child development as we do. Growing, mentoring and innovating for over 20 years, we understand that each child, family and franchise is ultimately linked to our reputation and success.
We are with you every step of the way, from market analysis, site selection and construction of your center to operational licensing, four weeks of intense training and unparalleled support after your center is open. We want you to be successful. Our Franchise development model provides:
*Purchase and lease purchase franchise options.
*Financing assistance.
*Reasonable franchise fee and royalty payments.
*Building equity by owning the property, the building, the equipment and the business.
*Multi-Unit development available
Why Discovery Point? SUPPORT!
There are very few people in this world who are real estate, construction, business operations, and childcare experts. The Discovery Point team has specialists in each of these fields to support our franchisees. Franchisees are able to leverage the expertise of an already established successful business model and the business and industry experience of the Discovery Point team.
The support provided to our franchisees is especially important in the child development industry, where parents know that their children are receiving quality care. Partnering with an industry leader like Discovery Point allows you to benefit from the trusted reputation of an already established brand.
Security, promising income, professional satisfaction and personal fulfillment are yours in the childcare profession. With new sites under development and existing centers for sale, there has never been a better or more affordable time to join our team.
Today parents are less likely to be full-time caregivers for their young children, so quality childcare is a primary concern.
Industry with a history of stable growth.
The benefit of a well-run childcare centers is a steady cash flow generated by repeat customers and referrals.
Parents appreciate the whole child philosophy and educational programs of The Discovery Point Experience.
Parents need to know that their children are safe and nurtured - and they're willing to pay a premium price for quality center-based care. If you are personally inspired and professionally committed to working with children and families and want to develop a successful business consider growing with us.
Veteran Incentives 10% off franchise fee
About RightTime KiDS
The Right Opportunity for the Right Entrepreneurs
We're looking for highly motivated individuals to join us in building a world-class drop-in childcare system. We want entrepreneurs who:
* Enjoy working with children and parents
* Appreciate the service value of drop-in childcare
* Are hard-working, responsible and detail oriented
* Have high energy, an outgoing nature, and a self-starter mentality
* Are customer-service oriented
* Enjoy working with diverse groups of people
* Have professional email, phone, and in-person customer skills
* Have excellent verbal and written communication skills
* Possess strong leadership, motivation and delegation abilities
If this describes you, we want to hear from you!
Our franchise package includes:
* Site selection assistance
* Lease negotiations
* Custom-developed proprietary software
* Architectural layouts and build out
* Operations manuals
* Marketing templates and materials
* Equipment purchase
* On-site employee training
* Turn-key solutions to get you open quickly and economically
* Dedicated Project Manager to work with you every step of the way on your build out
* Volume discounts on many essentials for day-to-day operations
* Intranet for Franchise Owners, including interactive forum to share ideas and solutions
* RTK University Courses, Evaluations and Certifications for you and your employees, providing ongoing online training and education
* Listed on the SBA REGISTRY for preferred, expedited SBA lending for
RightTime KiDS' franchisees
* Members of the IFA (Int'l Franchise Association), MinorityFran and VetFran to enable eligible franchise owners to participate in the benefits offered by those programs
* Plus MUCH more!