Start-Up Costs and Fees |
||
| Kiddie Academy | Ho Math & Chess Learning Centre | |
| Investment | 345000 - 5605000 | 1000 - 1000 |
| Franchise Fee | 0 | 0 |
| Royalty Fee | 7% | 0 |
| Advertising Fee | 2% | |
| Year Founded | 1981 | 1995 |
| Year Franchised | 1992 | 2004 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Kiddie Academy | Ho Math & Chess Learning Centre | |
| Experience | People and management skills | Marketing skills Teaching experience |
Financing Options |
||
| Kiddie Academy | Ho Math & Chess Learning Centre | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Kiddie Academy | Ho Math & Chess Learning Centre | |
| Training | Classroom Training: 80 hours Additional Training: Online training | |
| Support | Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | Toll-free phone line, Purchasing cooperatives |
| Marketing | Ad slicks, Regional advertising, Website, Web Advertising | Co-op advertising |
| Operations | 15% of all franchisees own more than one unit Number of employees needed to run franchised unit: 20 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | Franchise can be run from home. Number of employees needed to run franchised unit: 1 - 1 Absentee ownership of franchise is allowed. (50% of current franchisees are owner/operators) |
Expansion Plans |
||
| Kiddie Academy | Ho Math & Chess Learning Centre | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Kiddie Academy | |
| Ho Math & Chess Learning Centre | |
| Franchise Fee | |
| Kiddie Academy | |
| Ho Math & Chess Learning Centre | |
| Royalty Fee | |
| Kiddie Academy | 7% |
| Ho Math & Chess Learning Centre | 0 |
| Advertising Fee | |
| Kiddie Academy | 2% |
| Ho Math & Chess Learning Centre | |
| Year Founded | |
| Kiddie Academy | 1981 |
| Ho Math & Chess Learning Centre | 1995 |
| Year Franchised | |
| Kiddie Academy | 1992 |
| Ho Math & Chess Learning Centre | 2004 |
| Term Of Agreement | |
| Kiddie Academy | 15 years |
| Ho Math & Chess Learning Centre | 1 year |
| Renewal Fee | |
| Kiddie Academy | Varies |
| Ho Math & Chess Learning Centre | $2,000 |
Business Experience Requirements |
|
| Experience | |
| Kiddie Academy | People and management skills |
| Ho Math & Chess Learning Centre | Marketing skills Teaching experience |
Financing Options |
|
| Franchise Fees | |
| Kiddie Academy | No |
| Ho Math & Chess Learning Centre | No |
| Start-up Costs | |
| Kiddie Academy | |
| Ho Math & Chess Learning Centre | |
| Equipment | |
| Kiddie Academy} | |
| Ho Math & Chess Learning Centre | |
| Inventory | |
| Kiddie Academy | |
| Ho Math & Chess Learning Centre | |
| Receivables | |
| Kiddie Academy | |
| Ho Math & Chess Learning Centre | |
| Payroll | |
| Kiddie Academy | |
| Ho Math & Chess Learning Centre | |
Training & Support |
|
| Training | |
| Kiddie Academy | Classroom Training: 80 hours Additional Training: Online training |
| Ho Math & Chess Learning Centre | |
| Support | |
| Kiddie Academy | Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Ho Math & Chess Learning Centre | Toll-free phone line, Purchasing cooperatives |
| Marketing | |
| Kiddie Academy | Ad slicks, Regional advertising, Website, Web Advertising |
| Ho Math & Chess Learning Centre | Co-op advertising |
| Operations | |
| Kiddie Academy | 15% of all franchisees own more than one unit Number of employees needed to run franchised unit: 20 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
| Ho Math & Chess Learning Centre | Franchise can be run from home. Number of employees needed to run franchised unit: 1 - 1 Absentee ownership of franchise is allowed. (50% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Kiddie Academy | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Ho Math & Chess Learning Centre | |
| Canada Expansion | |
| Kiddie Academy | |
| Ho Math & Chess Learning Centre | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| International Expansion | |
| Kiddie Academy | |
| Ho Math & Chess Learning Centre | |