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Below is an in-depth analysis and side-by-side comparison of smART Explorers vs Building Kidz 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 | $148,000 - $380,500 |
Franchise Fee | $19,500 | $50,000 |
Royalty Fee | 7% | 7% |
Advertising Fee | - | 1% |
Year Founded | 2006 | 2002 |
Year Franchised | 2007 | 2015 |
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 | -/Yes |
Start-up Costs | No/No | -/Yes |
Equipment | No/No | -/Yes |
Inventory | No/No | -/Yes |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | - | On-The-Job Training: 25 hours Classroom Training: 40 hours |
Support | - | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform |
Marketing | - | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing |
Operations | * Franchise can be run from home * Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | Absentee Ownership Allowed Number of Employees Required to Run: 4 |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | - | - |
International Expansion | Yes | Yes |
NO LONGER FRANCHISING
Building Kidz enables you to own a profitable and rewarding business by leveraging our operational excellence and unparalleled curriculum to prepare children for lifelong success while directly benefiting your community. As a Building Kidz Franchisee, you will: