Childrens Lighthouse vs Kidz Watch Franchise Comparison

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

Start-Up Costs and Fees
 
Childrens Lighthouse Franchise
Kidz Watch Franchise
Investment $440,600 - $630,000$127,000 - $214,500
Franchise Fee $50,000$25,000
Royalty Fee 7%-
Advertising Fee --
Year Founded 19972002
Year Franchised 19992003
Term Of Agreement 15 years-
Term Of Agreement 15 years-
Renewal Fee --


Business Experience Requirements
 
Childrens Lighthouse Franchise
Kidz Watch Franchise
Experience
  • Industry experience
  • General business experience
  • Marketing skills
  • (qualifications important but not required)
    		• -

    Financing Options
     
    Childrens Lighthouse Franchise
    Kidz Watch Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/No-/-
    Start-up Costs No/Yes-/-
    Equipment No/Yes-/-
    Inventory No/Yes-/-
    Receivables No/Yes-/-
    Payroll No/Yes-/-

    Training & Support
     
    Childrens Lighthouse Franchise
    Kidz Watch 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.-
    Support Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives-
    Marketing Co-op advertising, Ad slicks, Regional advertising-
    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)

    		-

    Expansion Plans
     
    Childrens Lighthouse Franchise
    Kidz Watch Franchise
    US Expansion -Yes
    Canada Expansion No-
    International Expansion Yes-

    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 Kidz Watch

    Do you want to make an incredible contribution to your community while experiencing tremendous business success at the same time? The single unit Kidz Watch franchise opportunity is for you. Our unique hourly, drop-in and flexible full-time childcare service serves an urgent need in communities everywhere.
    When a new Kidz Watch Drop-In Childcare center opens its doors grateful parents stream in with their children, eager to take advantage of our trusted and user-friendly service . A successful Kidz Watch franchise applicant is guided every step of the way by our experienced corporate team at Kidz Watch headquarters. As a franchisee you receive the full benefit of our industry-leading seven-plus years in the short-term childcare business including: Site selection & center-design Business Plan and Business Operations training Administrative and State Regulations Compliance Training Employee and Caregiving Systems Training - including our on-site "Kidz Watch University" course at our corporate centers in Toledo, OH Full Marketing Support, including administration of your in-store Customer Relationship Management ("CRM) system. Ongoing Training and Quality Service Inspections by the Kidz Watch Corporate Team. The Kidz Watch multi-unit franchise opportunity is ideal for an individual or company looking to capitalize on uncontested market space. In using the unique and proprietary Kidz Watch system for providing hourly, drop-in and flexible full-time childcare, investors can bring a successful service delivery system to their city or community that likely does not yet have a presence and/or competitor for this segment of the commercial childcare industry. The Kidz Watch concept lends itself well to multi-unit development. Our centers are boutique style as compared to traditional childcare facilities and our build-outs are able to customize to virtually any commercial space. Each Kidz Watch serves a relatively tight surrounding market, thereby allowing for easy multi-unit expansion and management. To the successful Kidz Watch
    Multi-Unit Franchise applicant, Kidz Watch offers complete training and guidance in all phases of lead-up, development and operations. Kidz Watch also manages marketing and customer relationship management ("CRM") for all its Kidz Watch franchisees. Exclusive to multi-unit franchisees who may desire a more passive investment, Kidz Watch makes available additional operational management services outside of its standard franchise agreement.