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Updated RecentlyCollege Nannies, Sitters and Tutors vs KidsPark Childcare Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of College Nannies, Sitters and Tutors vs KidsPark Childcare including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $105,000 - $158,000 | $293,250 - $516,500 |
| Franchise Fee | $45,000 | $30,000 |
| Royalty Fee | 5% | 5% |
| Advertising Fee | 2% | $250 a month |
| Year Founded | 2001 | 1988 |
| Year Franchised | 2005 | 2005 |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | $2K | - |
Business Experience Requirements |
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| Experience | - | We seek franchisees with demonstrated marketing and management skills, and good communication. Childcare experience is not required. Ideal candidates locate their protected territory in urban areas and are committed to moving forward within 90 days from point of contact. |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/Yes | -/- |
| Start-up Costs | No/Yes | -/Yes |
| Equipment | No/Yes | -/- |
| Inventory | No/Yes | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
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| Training | Classroom Training: 48 hours | Pre-opening - we provide detailed Play-by-Play center creation training and support, 1-week hands-on center management and program implementation for you and your Director, and 2-days on-site training. On-going, we provide bi-monthly group webinars, bi-monthly individual check-ins, annual on-site training and an annual Franchise Forum for all owners and directors. All our manuals and resources are available from our on-line library. On-The-Job Training: 30 hours Classroom Training: 30 hours Additional Training: Via webinar, by phone |
| Support | Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | 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. | Number of Employees Required to Run: 10 - 15 |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | No | - |
| International Expansion | Yes | - |
Company Overviews
About College Nannies, Sitters and Tutors
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About KidsPark Childcare
We envision KidsPark centers in cities across the United States. If you are looking for an entrepreneurial opportunity to contribute a needed service to your community and are considering an overall investment between $166,000 and $340,000, take a close look at KidsPark. As a KidsPark owner, you will share a reputation for quality, a proven method of operation and an innovative program. Learn about our opportunity by reading our virtual brochure.