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Below is an in-depth analysis and side-by-side comparison of EncouraGym vs Kidcreate Studio including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $25,600 - $69,400 | $108,860 - $261,350 |
Franchise Fee | $10,500 | $45,000 |
Royalty Fee | 6% | 8% |
Advertising Fee | - | 1% |
Year Founded | 2001 | 2007 |
Year Franchised | 2004 | 2016 |
Term Of Agreement | 5 years | - |
Term Of Agreement | 5 years | - |
Renewal Fee | 10% of current franchise fee | - |
Business Experience Requirements |
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Experience | - | |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | Yes/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 |
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Training | - | On-The-Job Training: 73 hours Classroom Training: 38 hours Additional Training: As needed |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
Marketing | Ad slicks | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
Operations |
0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 4 - 8
Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) | Number of Employees Required to Run: 4 - 12 |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | No | - |
International Expansion | Yes | - |
Interested in a program for your home, church, school, or daycare? Don't invest $20,000 to $50,000 BEFORE
you see what the others have to offer. EncouraGYM makes it possible to START YOUR OWN PROGRAM using our acclaimed lesson plans.
Stop DREAMING and START LIVING your dreams.