|
Below is an in-depth analysis and side-by-side comparison of PC Kidz vs Montessori Kids Universe including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $19,800 - $91,300 | $419,911 - $948,871 |
Franchise Fee | $9,500 - $45,000 | $35,000 - $56,000 |
Royalty Fee | 7% | 6% |
Advertising Fee | - | - |
Year Founded | 2001 | 1988 |
Year Franchised | 2005 | 2013 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
||
Training | - | On-The-Job Training: 20-40 hours Classroom Training: 72 hours Additional Training: As needed |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Field Operations Site Selection |
Marketing | Co-op advertising, Ad slicks, Regional advertising | Ad Templates Social media SEO Website development Email marketing |
Operations |
Franchise can be run from home.
Number of employees needed to run franchised unit: 1 - 30
Absentee ownership of franchise is NOT allowed. | Number of Employees Required to Run: 12 - 18 |
Expansion Plans |
||
US Expansion | Yes | Yes |
Canada Expansion | No | - |
International Expansion | Yes | Yes |
The brainchild of Steve and Tammy Perry, PC Kidz was formed in 2001 after Tammy, a former elementary school teacher, noticed a void in basic computer skills with her students. In 2003 the PC Kidz program was offered in over 150 educational child care centers within the eight company owned and seven franchised territories in Texas, North Carolina and Nebraska.