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Below is an in-depth analysis and side-by-side comparison of smART Explorers vs Little Medical School including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $27,500 | $28,800 - $58,200 |
Franchise Fee | $19,500 | $11,500 - $24,500 |
Royalty Fee | 7% | 8%+ |
Advertising Fee | - | $95/mo. |
Year Founded | 2006 | 2010 |
Year Franchised | 2007 | 2014 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
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/No | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | - | On-The-Job Training: 8 hours Classroom Training: 36 hours |
Support | - | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Franchisee Intranet Platform |
Marketing | - | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
Operations | * Franchise can be run from home * Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | Number of Employees Required to Run: 1 |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | - | - |
International Expansion | Yes | Yes |
NO LONGER FRANCHISING
Little Medical Schooll® brings medicine, science, and the importance of health to children in an entertaining, exciting, and fun way.
Our educational enrichment programs provide a fun, innovative, and engaging curriculum. We create an opportunity to experience role playing using tools that real doctors use, and learn how the body works. By participating in these role-playing experiences, Little Medical School is inspiring tomorrow’s doctors today!
We offer after school programming, birthday parties, and special events that we can customize to fit your needs.
All of our curriculum is aligned with STEM objectives.
You do NOT need to have a medical background, teaching background or even a background in owning and running a business. We will provide you with our incredible curriculum and all the necessary training and tools to operate your business.