| ||||
Updated RecentlyJumpBunch vs Baby Power/Forever Kids Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of JumpBunch vs Baby Power/Forever Kids including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $45,800 - $59,300 | $105,000 - $135,000 |
| Franchise Fee | $30,000 | $20,000 |
| Royalty Fee | 8% | 5% |
| Advertising Fee | 2% | - |
| Year Founded | 2002 | 1973 |
| Year Franchised | 2002 | 1996 |
| Term Of Agreement | - | 10 years |
| Term Of Agreement | - | 10 years |
| Renewal Fee | 25% of then current fran. fee | $5K |
Business Experience Requirements |
||
| Experience | ||
Financing Options |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/Yes | No/No |
| Start-up Costs | No/Yes | No/No |
| Equipment | No/Yes | No/No |
| Inventory | No/Yes | No/No |
| Receivables | No/No | No/No |
| Payroll | No/No | No/No |
Training & Support |
||
| Training | On-The-Job Training: 9 hours Classroom Training: 38 hours | - |
| Support | Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| Marketing | Co-op Advertising Ad Templates Social media SEO Website development Email marketing | Co-op advertising, Regional advertising |
| Operations | Number of Employees Required to Run: 1 Franchise can be run from home. 0% of all franchisees own more than one unit
Absentee ownership of franchise is NOT allowed. |
0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
||
| US Expansion | Yes | - |
| Canada Expansion | No | No |
| International Expansion | Yes | No |
Company Overviews
About JumpBunch
If you enjoy working with children, and you're excited about growing your own business, a JumpBunch franchise may be right for you.
JumpBunch offers:
* Home-based (no storefront or "gym" facility required)
* No teaching or sports experience required
* Low start-up and low overhead costs
* Rapid growth market
* Proven business model
* Strong training and ongoing support
* Protected geographic territories
Veteran Incentives 25% off franchise fee
About Baby Power/Forever Kids
BabyPower/Forever Kids is today's most progressive and developmentally appropriate exercise and musical parent/child play program. BabyPower has operated successfully in Company owned centers throughout the Northeastern US since 1973. The program has been designed to build confidence and promote child development, communication and parent/child bonding. BabyPower introduces children to new playmates and their most valuable playmates of all: THEIR PARENTS! That is because all BabyPower classes are parent-child interactive. So, when student achieves a breakthrough in sensory awareness, balance or language skills, the parent will actually see it happen!
The BabyPower Program is a 10-week, hour long pre-nursery school play program for children and their parents. The course is a systematically designed and consistently adhered to program customized for promoting child development, parent/child communications, play and bonding. Parents participate equally with their children during each one hour session. BabyPower graduates are more prepared to enter daycare and school programs than other children. Our graduates learn to follow direction as they develop a more outgoing personality. Graduates are more adjusted toward interacting with others, thus paving the way for the development of life long friendships and excellent learning behavioral skills.The Forever Kids Programs at Baby Power were designed to develop the second phase in a child's development. Through arts and crafts, cooking, theme classes, gym play and science experiments, fine motor skills, hand-eye coordination, and self expression are culitvated while using creativity to have FUN.
- Target market (Baby Power programs) not commonly targeted by other child-focused businesses (6 mos - 3 years old) (Forever Kids programs 3 years to six years)
Lifestyle business - flexible class schedule
Uncommon support from founder as new franchise is ramping up Evolving programs for children - multi-faceted programs challenging the emotional, intellectual and physical aspects of children; programs evolve as child grows
Parent-child enrichment programs - parents involved in child’s experience
Flexible hands-on or hands-off managerial approach
Six revenue streams: Baby Power Programs,( 6 mo - 3 years) Forever Kids Programs (3 years - 6 years) Birthday Parties, Open Gym, Two Hour Drop Off Programs 3-6 years, Preschool enrichment program, and Products (music, toys and coloring books)