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Below is an in-depth analysis and side-by-side comparison of College Nannies, Sitters and Tutors vs Sweet Kiddles 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 | $423,400 - $712,650 |
Franchise Fee | $45,000 | $40,000 |
Royalty Fee | 5% | 5% |
Advertising Fee | 2% | 2% to 3% |
Year Founded | 2001 | 2012 |
Year Franchised | 2005 | 2015 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | $2K | - |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | Classroom Training: 48 hours | Our training program begins with at-home preparation 10 business days of training at the Corporate Support Center 7 days onsite at the franchisees business during launch. |
Support | Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations 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 | - |
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. | Owner to run the business day-to-day for at least the first few years. |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | No | - |
International Expansion | Yes | - |
Sweet Kiddles operates high-quality flexible childcare centers which provide care for children from ages 6 weeks to 12 years. Families may use childcare full-time, part-time, by the day or by the hour. Centers range from 6,000-7,000 square feet, have indoor and outdoor play space, and are open evenings and Saturdays.
Software License Fee $3000
Weekly software service fee $50/week
Sweet Kiddles has corporate owned centers in Strongsville and Medina, Ohio, and is concentrating its initial franchise expansion in the northeast part of the state (the Greater Cleveland area), with plans to expand our reach to the rest of Ohio and surrounding states. We anticipate there will be increasing interest in our model of high-quality, flexible care, and welcome all inquiries; if you're located outside our initial target area, please contact us so that we can keep you apprised of opportunities as we grow.
Franchise information can be requested via phone (216) 410-8762, email [email protected], or at sweetkiddles.com