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Below is an in-depth analysis and side-by-side comparison of Thinkertots vs Core Education & Fine Arts including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $83,100 - $124,100 | $250,000 - $500,000 |
Franchise Fee | $35,000 | $50,000 |
Royalty Fee | 7% | 6% |
Advertising Fee | - | 2% |
Year Founded | 1998 | 1998 |
Year Franchised | 2005 | 2003 |
Term Of Agreement | 5 years | - |
Term Of Agreement | 5 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | Many of our franchise owners have corporate backgrounds and have previously enrolled their children into cefa schools. The owners have recognized the opportunity to enjoy a work/life balance, spend more quality time with their family, and to be rewarded personally and financially. |
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/Yes | -/- |
Payroll | No/Yes | -/- |
Training & Support |
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Training | * Available at headquarters: 2 weeks * At franchisee's location: 4 days | You will be enrolled in our cefa certified training course to learn all about cefa and our curriculum. You will also receive one-on-one training in the areas of administration and operations. *Initial Training *On-going Professional Development *Curriculum *Program |
Support | - | Real Estate & Site Development *Demographics *Zoning *Site Selection *Lease Negotiation *Building Design *Construction Management |
Marketing | - | *Direct Mail *Email Marketing *Individual and corporate website *Internet and Print Advertising *Marketing Materials *Social Media *Trade shows *Strategic alliance with prominent schools and businesses |
Operations | * 0% of all franchisees own more than one unit * Number of employees needed to run franchised unit: 3 - 3 * Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) | *Licensing Assistance and Opening Assistance *Hiring of Initial Principal/Faculty *Budget Control |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | - | Yes |
International Expansion | - | Yes |
The Thinkertots method is founded on the belief that the key ingredients to future school success are: 1. A love of learning. 2. An ability to concentrate and focus. 3. An ability to follow directions. 4. Enjoyment of books and reading. 5. Getting along with others. Your child works on these important goals in every class he/she takes! The latest educational materials and methods help your child progress and master new challenges. You child will love our staff and unique approach and so will you. Make Thinkertots home for all of your child's early educational needs! Thinkertots has been featured by Fox News Channel's Fox and Friends, The New York Daily News, Long Island Newsday, and other media.
Do you think a Thinkertots Preschool Education Franchise might be for you?