Reading Friends Franchise Company vs Kids 'R' Kids Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Reading Friends Franchise Company vs Kids 'R' Kids including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Reading Friends Franchise Company Franchise
Kids 'R' Kids Franchise
Investment $110,950 - $297,500$4,401,000 - $5,701,000
Franchise Fee $35,000$115,000
Royalty Fee 5.5%6%
Advertising Fee -1%
Year Founded 19801985
Year Franchised 20021988
Term Of Agreement 10 years25 years + 10
Term Of Agreement 10 years25 years + 10
Renewal Fee --


Business Experience Requirements

 
Reading Friends Franchise Company Franchise
Kids 'R' Kids Franchise
Experience -

Interested candidates should have a minimum net worth of $750,000 and liquid assets of at least $300,000


Financing Options

 
Reading Friends Franchise Company Franchise
Kids 'R' Kids Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/NoNo/No
Start-up Costs No/NoNo/No
Equipment No/NoNo/No
Inventory No/NoNo/No
Receivables No/NoNo/No
Payroll No/NoNo/No

Training & Support

 
Reading Friends Franchise Company Franchise
Kids 'R' Kids Franchise
Training -

Kids 'R' Kids Learning Academy's Operations and Support Team provides ongoing support for its franchisees and their businesses. Each franchised location has an assigned Operations Consultant to work directly with the franchise owner and act as the primary contact to assist with his or her needs. Thorough Training: Phase I - Business start-up training held at Support Center in Duluth, Georgia Phase II - Day-to-day Operations Training Class Phase III - Key Personnel training- Held on-site prior to opening

Support Grand opening, Field operations/evaluations

The Operations & Support team is committed to providing support within the following departments: marketing, curriculum and instruction, administration, as well as state and federal government relations.

Marketing Co-op advertising, Ad slicks -Initial marketing plan -Pre-opening through Grand opening -Local marketing plan to acquire and retain customers -Social Media and Digital marketing program -Website -Customized local content -Public Relations -Brand and Local PR
Operations 100% of all franchisees own more than one unit

Number of employees needed to run franchised unit: 9

Absentee ownership of franchise is allowed.

-

Expansion Plans

 
Reading Friends Franchise Company Franchise
Kids 'R' Kids Franchise
US Expansion YesYes
Canada Expansion NoNo
International Expansion NoYes

Company Overviews

About Reading Friends Franchise Company

Ours started as a story of overcoming. Owner and founder, Nancy Spencer, was the first person in the city of Fort Worth to be diagnosed with dyslexia after many years of struggling in school. With the proper training, she was able to thrive academically and gained a passion for children and the way that they learn. With the help of Dr. Luke Waites, Gladys Kolenovsky and a team from Scottish Rite Hospital in Dallas, TX, Nancy wrote a full curriculum and started Reading Friends preschool in 1980. The school is now run by her two daughters, Audrey Fowler and Nancy Pack. There are two additional locations. One located in Keller, run by Marsha Wesley. One located in Aledo, run by Diane Taylor.
 
The Reading Friends Difference

Reading Friends has the right curriculum, the right commitment, and is the right place. Let us focus on your child.

The Reading Friends preschool is dedicated to providing the young child a foundation for educational excellence.
The secret to a well-rounded child is a well-rounded approach to teaching

Curriculum


We employ Multi-sensory teaching techniques involving the total child.

Our Phonics Advantage curriculum is a language-based program that is the heart of our proprietary curricula.

Children receive structured academic experiences that produce a firm foundation in reading, math, social studies, and science.

Social

The Reading Friends program is designed to provide successful opportunities for all students. Children have daily outside free play and snack where they experiment with social interaction and cooperation.

About Kids 'R' Kids

Headquartered in the North Atlanta suburb of Duluth, Ga., Kids 'R' Kids Learning Academies provide a secure, nurturing, and educational environment for children (ages six weeks - 12 years) to bloom into responsible, considerate, and contributing members of society. With nearly 160 learning academies in 16 states, Kids 'R' Kids International is a family-owned and operated organization that ranks in the top three nationwide for franchised early childhood education centers. :
Expansion Plans
In 2016, Kids 'R' Kids Learning Academies is on track to open new schools in Tampa and Orlando, Fla.; Buford, Ga.; Carry, Ill.; Princeton and Montville, N.J., as well as Fort Worth and Dallas, Texas. To drive additional franchise development, the company is seeking qualified franchisees to open 15 to 20 schools in cities, including Atlanta, Dallas, Houston, Denver, Orlando, and Las Vegas; as well as communities in New Jersey, Virginia and the Capital Region of Maryland. For international development, the company is targeting select markets across South America, United Arab Emirates, Australia, Colombia and India.

Veteran Incentives  10% off franchise fee
"Entrepreneur
#109 in Franchise 500 for 2020.
#243 in Franchise 500 for 2021.