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Below is an in-depth analysis and side-by-side comparison of International Dancesport Studios vs Kids 'R' Kids including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $58,500 - $79,700 | $4,401,000 - $5,701,000 |
Franchise Fee | $37,000 | $115,000 |
Royalty Fee | 10% | 6% |
Advertising Fee | - | 1% |
Year Founded | 1996 | 1985 |
Year Franchised | 2003 | 1988 |
Term Of Agreement | - | 25 years + 10 |
Term Of Agreement | - | 25 years + 10 |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | Interested candidates should have a minimum net worth of $750,000 and liquid assets of at least $300,000 |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | No/No |
Start-up Costs | No/No | No/No |
Equipment | No/No | No/No |
Inventory | No/No | No/No |
Receivables | No/No | No/No |
Payroll | No/No | No/No |
Training & Support |
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Training | - | Kids 'R' Kids Learning Academy's Operations and Support Team provides ongoing support for its franchisees and their businesses. Each franchised location has an assigned Operations Consultant to work directly with the franchise owner and act as the primary contact to assist with his or her needs. Thorough Training: Phase I - Business start-up training held at Support Center in Duluth, Georgia Phase II - Day-to-day Operations Training Class Phase III - Key Personnel training- Held on-site prior to opening |
Support | - | The Operations & Support team is committed to providing support within the following departments: marketing, curriculum and instruction, administration, as well as state and federal government relations. |
Marketing | - | -Initial marketing plan -Pre-opening through Grand opening -Local marketing plan to acquire and retain customers -Social Media and Digital marketing program -Website -Customized local content -Public Relations -Brand and Local PR |
Operations | - | - |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | No | No |
International Expansion | Yes | Yes |
International DanceSport Studios are award winning franchised ballroom dance studios founded and directed by Carlos Manuel Gutierrez Jr. since 1995. Mr. Gutierrez is a renowned producer and a world class, award winning, ballroom dance teacher. In addition to operating IDS, he owns and produces an international open ballroom dance championship, Mexico Open, which is held annually in Cancun, Mexico. Mr. Gutierrez is also the founder and president of LAWDSC, Latin America World DanceSport Council, a world dance council that promotes ballroom dancing as a sport on an athletic level as well as a form of art, and an exercising outlet. In IDS, we specialize in individual training of both professional and amateur dancers. We accept single students, couples, as well as students who desire special event oriented training, such as wedding and prom preparations. Every one of our programs is individually designed to meet each of our student's personal needs. Our students do not need any prior experience or knowledge, we accept students of any level and we provide training up to Gold Level, and anything in between, as well as physical therapy training. We know that every student has a specific goal in mind when it comes to their training and we believe that our personal training system accompanied with our private instructors are the best tools to truly tend to those needs and desires.