Kiddie Academy vs Mind Lab Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Kiddie Academy vs Mind Lab including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Kiddie Academy Franchise
Mind Lab Franchise
Investment $345,000 - $5,605,000$35,000 - $60,000
Franchise Fee $135,000N/A
Royalty Fee 7%-
Advertising Fee 2%-
Year Founded 19811994
Year Franchised 19921994
Term Of Agreement 15 years-
Term Of Agreement 15 years-
Renewal Fee Varies-


Business Experience Requirements
 
Kiddie Academy Franchise
Mind Lab Franchise
Experience People and management skills-

Financing Options
 
Kiddie Academy Franchise
Mind Lab Franchise
  In-House/3rd PartyIn-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
 
Kiddie Academy Franchise
Mind Lab Franchise
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)

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Expansion Plans
 
Kiddie Academy Franchise
Mind Lab Franchise
US Expansion Yes-
Canada Expansion No-
International Expansion No-

Company Overviews

About Kiddie Academy

It began in 1981 with an idea and a commitment. The idea was how to best combine learning with child care; the commitment was to do it better than anyone else. As you learn more about Kiddie Academy, you will realize we have a lesson plan that works! Reward your family with The Kiddie Academy Difference. When it comes to child care there's Kiddie Academy and then there's everyone else.

The total investment necessary to begin the operation of a Kiddie Academy® Franchise is $345,000 - $1,035,000 for a leased Kiddie Academy franchised location, and $3,254,500 - $5,605,000 for a purchased Kiddie Academy franchised location. This includes $135,000 in Initial Fees that must be paid to the franchisor or an affiliate.
Veteran Incentives  $25,000 off franchise fee

"Top
#10 in Gator's Top franchises.    
"Ranked         "Entrepreneur
#108 in Franchise 500 for 2020.
#129 in Franchise 500 for 2021.










About Mind Lab

As instructors Mind Lab have to get ready and instruct understudies to be adaptable, to be versatile and to be in fact gifted for a world that is progressively computerized, worldwide and particular. A profound comprehension of community oriented situations, extend based work streams, plan considering, social mindfulness and worldwide connectedness will arm understudies for the world ahead.

As an educator Mind Lab need our understudies to make basic and important associations with new information, new ideas and new thoughts. Contemporary instructing progressively permits understudies' to investigate gaining from their very own point of view, conveying their reality to the learning environment and their experience to the learning procedure.

At last to encourage change and to enact advance requires educators and understudies to take in the apparatuses, pick up the information and to be given the ability to be strong, imaginative, inquisitive and adaptable.

Mind Lab start with preparing at our home office or, in the event that you incline toward, at your area. You will get the whole educational programs, programming, recreations and other instructive extras that involve the Mind Lab Method. You will likewise get our Marketing, Training and Operations Know-How. At that point, as your business develops, we will bolster you with extra preparing and counsel at all times. We welcome you to go along with us at the International Mind Lab Group. As an individual from the Mind Lab Family, you will help kids prevail in their reviews and their lives and, in the meantime, fabricate your own particular effective business!