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Updated RecentlyCollege Nannies, Sitters and Tutors vs Ivybrook Academy Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of College Nannies, Sitters and Tutors vs Ivybrook Academy 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 | $310,700 - $440,200 |
| Franchise Fee | $45,000 | $50,000 |
| Royalty Fee | 5% | 6% |
| Advertising Fee | 2% | 1% |
| Year Founded | 2001 | 2007 |
| Year Franchised | 2005 | 2016 |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | $2K | - |
Business Experience Requirements |
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| Experience | - | Compassionate and caring, ready to help our students learn Able to work with both students and their parents – both our “customers” Motivated to build a team and student enrollment Accepts and embodies the Ivybrook Academy mission |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/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 | Classroom Training: 48 hours | We provide over 120 hours in person for you to get up and running before you even open and it doesn’t stop there. Here is a list of how we are DETERMINED to set you up for SUCCESS: Before Opening - 2 weeks of training both at our corporate location and at your school’s location Opening Month- Our team will be with you the entire week prior to opening as well as your first week of operation. After Opening- Regular visits, calls and open lines of communication are important for everyone’s success! On-The-Job Training: 46 hours Classroom Training: 66 hours |
| Support | Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform | Purchasing Co-ops 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 | National Media Social media SEO Website development Email marketing |
| 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: 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
College Nannies and Tutors Builds Stronger Families by providing Role Models from Cradle to College. As a full-service family focused firm, franchisees specialize in placing nannies, babysitters, homework help and college prep tutors.
College Nannies and Tutors is seeking executive owners that share our core values and possess the desire and ability to grow multiple retail units.
The total investment necessary to begin operation of a College Nannies +
Sitters + Tutors business is from $105,000 to $173,000. This includes
the $45,000 initial franchise fee that must be paid to us. If you
purchase 2 franchised Territories at the same time, the Initial
Franchise Fee is $80,000 for both Territories. If you purchase 3
franchised Territories at the same time, the Initial Franchise Fee is
$105,000 for all 3 Territories.
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#260 in Franchise 500 for 2020.
#274 in Franchise 500 for 2021.
About Ivybrook Academy
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Ivybrook Academy was created by a public school teacher who was
looking to balance quality of life with owning a business. As a highly
involved mom of two very young children, she sought a means of achieving
financial freedom that would also allow her more time with her kids.
Enter the Ivybrook Academy model.
- Steady daytime hours of operation - 8:15 to 4:30
- No transportation/busing of children
- No lunches served
- Professional teachers with 4-year teaching degrees
- Progressive blended curriculum based on Reggio Emilia and Montessori methods
- The facility is closed approximately 32 work days per year
- When summer hours are involved, the facility closes by noon
As part of the
Ivybrook Academy franchise family, we’ll help you through developing,
running, and owning your own Ivybrook Academy!