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Below is an in-depth analysis and side-by-side comparison of Kiddie Academy vs Wee Watch including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $345,000 - $5,605,000 | $38,900 - $54,200 |
Franchise Fee | $135,000 | $20,000 |
Royalty Fee | 7% | - |
Advertising Fee | 2% | - |
Year Founded | 1981 | - |
Year Franchised | 1992 | - |
Term Of Agreement | 15 years | - |
Term Of Agreement | 15 years | - |
Renewal Fee | Varies | - |
Business Experience Requirements |
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Experience | People and management skills | - |
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/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | Classroom Training: 80 hours Additional Training: Online training | - |
Support | Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | - |
Marketing | Ad slicks, Regional advertising, Website, Web Advertising | - |
Operations |
15% of all franchisees own more than one unit Number of employees needed to run franchised unit: 20 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | No | - |
Wee Watch is a professional child care organization since 1984, of providing expert quality home child care across Ontario. Over the years we have cared for thousands of children from infants to 12 years of age. We strictly comply with or exceed provincial licensing regulations in accordance with the Ministry of Education, Child Care and Early Years Act. We know about providing the best child care in a home environment.