Kiddie Academy vs Discovery Point Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Kiddie Academy vs Discovery Point including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$345,000 - $5,605,000 | $405,572 - $3,443,722 |
Franchise Fee |
$135,000 | $75,000 |
Royalty Fee |
7% | 4.7K-$6.5K/mo. |
Advertising Fee |
2% | 1.8K/mo. |
Year Founded |
1981 | 1988 |
Year Franchised |
1992 | 1990 |
Term Of Agreement |
15 years | 20 years |
Term Of Agreement |
15 years | 20 years |
Renewal Fee |
Varies | - |
Business Experience Requirements |
Experience |
People and management skills | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
No/Yes | -/Yes |
Start-up Costs |
No/Yes | -/Yes |
Equipment |
No/Yes | -/Yes |
Inventory |
No/Yes | -/Yes |
Receivables |
No/No | -/Yes |
Payroll |
No/No | -/Yes |
Training & Support |
Training |
Classroom Training: 80 hours
Additional Training: Online training | On-The-Job Training: 80 hours
Classroom Training: 80 hours
Additional Training: At existing center
|
Support |
Newsletter
Meetings/Conventions
Grand Opening
Online Support
Security/Safety Procedures
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform | Purchasing Co-ops
Meetings/Conventions
Grand Opening
Online Support
Field Operations
Site Selection
|
Marketing |
Ad slicks, Regional advertising, Website, Web Advertising | Ad Templates
National Media
Regional Advertising
Social media
SEO
Website development
Email marketing |
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) | Number of Employees Required to Run: 35 |
Expansion Plans |
US Expansion |
Yes | 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
#10 in Gator's Top franchises.
#108 in Franchise 500 for 2020.
#129 in Franchise 500 for 2021.
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