|
Below is an in-depth analysis and side-by-side comparison of Kidbus LLC vs Kidcreate Studio including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $50,000 - $70,000 | $108,860 - $261,350 |
Franchise Fee | N/A | $45,000 |
Royalty Fee | - | 8% |
Advertising Fee | - | 1% |
Year Founded | 2016 | 2007 |
Year Franchised | 2018 | 2016 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | - |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/Yes |
Start-up Costs | -/- | -/Yes |
Equipment | -/- | -/Yes |
Inventory | -/- | -/Yes |
Receivables | -/- | -/Yes |
Payroll | -/- | -/Yes |
Training & Support |
||
Training | -At Licensee's Location -Manual Provided | On-The-Job Training: 73 hours Classroom Training: 38 hours Additional Training: As needed |
Support | -Advertising/Marketing -Sales Leads -Technical Support -Phone Support | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
Marketing | - | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
Operations | - Business can be run from home. - Business can be run part-time. | Number of Employees Required to Run: 4 - 12 |
Expansion Plans |
||
US Expansion | Yes | Yes |
Canada Expansion | - | - |
International Expansion | - | - |
The KIDBUS is a fast growing new company. Our goal is to make everyone smile. From the zip line, roller coaster, rock wall, karaoke, basketball, tunnels, to the ball pit, your child will have a long lasting memory of their experience on the KIDBUS. There is nothing like this bus around. All the amenities have been custom made. The second bus has been completed. The 3rd is in the works!!!!