Discovery Point vs Kidz Watch Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Discovery Point vs Kidz Watch 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 | $127,000 - $214,500 |
Franchise Fee |
$75,000 | $25,000 |
Royalty Fee |
4.7K-$6.5K/mo. | - |
Advertising Fee |
1.8K/mo. | - |
Year Founded |
1988 | 2002 |
Year Franchised |
1990 | 2003 |
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 | 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 Kidz Watch
Do you want to make an incredible contribution to your community while experiencing tremendous business success at the same time? The single unit Kidz Watch franchise opportunity is for you. Our unique hourly, drop-in and flexible full-time childcare service serves an urgent need in communities everywhere.
When a new Kidz Watch Drop-In Childcare center opens its doors grateful parents stream in with their children, eager to take advantage of our trusted and user-friendly service .
A successful Kidz Watch franchise applicant is guided every step of the way by our experienced corporate team at Kidz Watch headquarters. As a franchisee you receive the full benefit of our industry-leading seven-plus years in the short-term childcare business including:
Site selection & center-design
Business Plan and Business Operations training
Administrative and State Regulations Compliance Training
Employee and Caregiving Systems Training - including our on-site "Kidz Watch University" course at our corporate centers in Toledo, OH
Full Marketing Support, including administration of your in-store Customer Relationship Management ("CRM) system.
Ongoing Training and Quality Service Inspections by the Kidz Watch Corporate Team.
The Kidz Watch multi-unit franchise opportunity is ideal for an individual or company looking to capitalize on uncontested market space. In using the unique and proprietary Kidz Watch system for providing hourly, drop-in and flexible full-time childcare, investors can bring a successful service delivery system to their city or community that likely does not yet have a presence and/or competitor for this segment of the commercial childcare industry. The Kidz Watch concept lends itself well to multi-unit development. Our centers are boutique style as compared to traditional childcare facilities and our build-outs are able to customize to virtually any commercial space. Each Kidz Watch serves a relatively tight surrounding market, thereby allowing for easy multi-unit expansion and management.
To the successful Kidz Watch
Multi-Unit Franchise applicant, Kidz Watch offers complete training and guidance in all phases of lead-up, development and operations. Kidz Watch also manages marketing and customer relationship management ("CRM") for all its Kidz Watch franchisees.
Exclusive to multi-unit franchisees who may desire a more passive investment, Kidz Watch makes available additional operational management services outside of its standard franchise agreement.