|
Below is an in-depth analysis and side-by-side comparison of Little City Kids vs All About Kids including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $118,000 - $189,000 | $2,677,500 - $3,372,500 |
Franchise Fee | $35,000 | $50,000 |
Royalty Fee | 7% | - |
Advertising Fee | - | - |
Year Founded | 1998 | 2005 |
Year Franchised | 2006 | 2008 |
Term Of Agreement | 5 years | - |
Term Of Agreement | 5 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | - |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
||
Training | * Available at headquarters: 30-60 days * At franchisee's location: 10 days | Before your Center opens for business, we will make available to you and your employees initial training at our Center in Liberty Township, Ohio (owned by our T & J affiliate). Initial training is conducted on an as needed basis. It consists of a total of 24 hours of training over a 3-day period. |
Support | - | *Financial Assistance Provided *Site Selection Assistance *Lease Negotiation Assistance *Recruiting Assistance *Co-Operative Advertising |
Marketing | - | - |
Operations | - | Many of our franchisee owners choose to be involved in the day to day operation of their center, but it is not a requirement. |
Expansion Plans |
||
US Expansion | Yes | Yes |
Canada Expansion | - | - |
International Expansion | - | - |
NO LONGER FRANCHISING
Child care is the fastest growing service industry in the country. Learning Center based child care will continue to expand due to the number of parents who prefer a more formal setting for their children before they begin traditional schooling. Today, nearly two-thirds of mothers with young children have jobs and this trend continues to grow. The minimum capital requirements for a franchisee are $150,000 in liquid capital and a net worth minimum of $500,000. If you are interested in taking the next step to find out if an All About Kids Franchise could work for you, please contact us at 513-463-0222.