Kiddie Academy vs Great Minds Tutoring Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Kiddie Academy vs Great Minds Tutoring 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 | $15,000 - And Up |
Franchise Fee |
$135,000 | $15,000 |
Royalty Fee |
7% | 7-8% |
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 |
Experience |
People and management skills | - |
Financing Options |
|
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 |
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 |
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
#10 in Gator's Top franchises.
#108 in Franchise 500 for 2020.
#129 in Franchise 500 for 2021.
About Great Minds Tutoring
One System, Multiple Programs. The Whole Child Franchise
opportunity is unique. A business that makes a positive difference in
the lives of children, is inexpensive to run, and ultimately flexible to
develop the work-life balance you desire.
Any one of our stand alone franchise programs (Busy Bodies/Yo Yo Yoga/Great Minds) is attractively priced at $15,000. For a limited time we are offering a bundled option of all four franchise
programs for $29,500. The Whole Child is the only company in our sector that offers financing through our Flex-Financing program to exceptional candidates.
*Low startup cost
*Low overhead - No commercial location to maintain
*Extensive initial training in your territory and ongoing support
*Proven marketing system
*Comprehensive online franchise management tool
*Continuous curriculum development by our Educator Development Team
*The most innovative enrichment programs available
*Multiple disciplines offer maximum flexibility in the marketplace
The Power of Small
In this new economy retreat to the safety of a low cost, home managed business in the children's educational sector.
*Services are low cost, high value
*Affordable classes are successful across the socioeconomic spectrum
*Build a client/customer base enrolled in ongoing classes, creating consistent revenue
*High student retention rate - once children enroll they stay enrolled
*Seasonal and special event programs boost revenue
*Multiple programs + a variety of formats = flexibility to respond to the needs of your market
*In demand - parents continue to spend on education in the current economy
*Security - you will never fire yourself