Childrens Lighthouse vs College Nannies, Sitters and Tutors Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Childrens Lighthouse vs College Nannies, Sitters and Tutors including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Childrens Lighthouse Franchise
College Nannies, Sitters and Tutors Franchise
Investment $440,600 - $630,000$105,000 - $158,000
Franchise Fee $50,000$45,000
Royalty Fee 7%5%
Advertising Fee -2%
Year Founded 19972001
Year Franchised 19992005
Term Of Agreement 15 years10 years
Term Of Agreement 15 years10 years
Renewal Fee -$2K


Business Experience Requirements
 
Childrens Lighthouse Franchise
College Nannies, Sitters and Tutors Franchise
Experience
  • Industry experience
  • General business experience
  • Marketing skills
  • (qualifications important but not required)
    		• -

    Financing Options
     
    Childrens Lighthouse Franchise
    College Nannies, Sitters and Tutors Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/NoNo/Yes
    Start-up Costs No/YesNo/Yes
    Equipment No/YesNo/Yes
    Inventory No/YesNo/Yes
    Receivables No/YesNo/No
    Payroll No/YesNo/No

    Training & Support
     
    Childrens Lighthouse Franchise
    College Nannies, Sitters and Tutors Franchise
    Training 4 weeks: 2 weeks of training at the Children's Lighthouse home office, one week of in-school training with seasoned Children's Lighthouse franchise owners and one week of post-opening training in your school.Classroom Training: 48 hours
    Support Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperativesMeetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform
    Marketing Co-op advertising, Ad slicks, Regional advertisingCo-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
    Operations Franchisees required to buy multiple units/master licenses; 0% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 25

    Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

    		 International franchisees required to buy multiple units/master licenses Number of employees needed to run franchised unit: 2 - 3 Absentee ownership of franchise is NOT allowed.

    Expansion Plans
     
    Childrens Lighthouse Franchise
    College Nannies, Sitters and Tutors Franchise
    US Expansion -Yes
    Canada Expansion NoNo
    International Expansion YesYes

    Company Overviews

    About Childrens Lighthouse

    Childrens Lighthouse is currently offering franchises in all 50 states. We are totally committed to the support and service of our franchises. We've worked hard to develop quality management support systems to help you become successful in your new business. Targeted crew and management training programs, proven local neighborhood marketing tactics, aggressive advertising programs, labor and inventory control aids, equipment and supplies innovations are all examples of Childrens Lighthouse support tools. When you become a Childrens Lighthouse franchisee, you benefit from our many years of business experience. Although we are growing rapidly, we are not so big that you can't join us. Unlike some franchises, there is plenty of development territory still available. We are aggressively seeking new franchisees to expand existing markets as well as develop new ones. Opportunities range from single-unit franchises to multi-unit territories. And, we offer a variety of investment options for you to choose from. With Childrens Lighthouse, you can be in business quickly and at an investment level that best fits your particular situation and initial goals. Our program is designed to guide you from the moment you make the decision to purchase a franchise. In addition to counseling you in necessary financial matters, the most important step is selecting an appropriate site to build your childcare center and gaining exclusivity to that territory. The right location is critical to the success of your center and we have been successful in determining appropriate sites.

    About College Nannies, Sitters and Tutors

    College Nannies and Tutors Builds Stronger Families by providing Role Models from Cradle to College. As a full-service family focused firm, franchisees specialize in placing nannies, babysitters, homework help and college prep tutors. College Nannies and Tutors is seeking executive owners that share our core values and possess the desire and ability to grow multiple retail units.

    The total investment necessary to begin operation of a College Nannies + Sitters + Tutors business is from $105,000 to $173,000. This includes the $45,000 initial franchise fee that must be paid to us. If you purchase 2 franchised Territories at the same time, the Initial Franchise Fee is $80,000 for both Territories. If you purchase 3 franchised Territories at the same time, the Initial Franchise Fee is $105,000 for all 3 Territories.

    "Entrepreneur

    #260 in Franchise 500 for 2020.
    #274 in Franchise 500 for 2021.