Start-Up Costs and Fees |
||
| Kiddie Academy | Hooray for Books | |
| Investment | 345000 - 5605000 | 35000 - 100000 |
| Franchise Fee | 0 | |
| Royalty Fee | 7% | |
| Advertising Fee | 2% | |
| Year Founded | 1981 | 0 |
| Year Franchised | 1992 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Kiddie Academy | Hooray for Books | |
| Experience | People and management skills | A teaching degree is not required, although it is welcomed. Our educational expert has created top-notch lessons that any smart cookie can teach. We do however, require you to have a passion for education, reading, baking, washing dishes, and of course, children! |
Financing Options |
||
| Kiddie Academy | Hooray for Books | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Kiddie Academy | Hooray for Books | |
| Training | Classroom Training: 80 hours Additional Training: Online training | There is a comprehensive 5 day training program at our headquarters. As part of your franchise fee you and one other person will receive complete training on all aspects of running a successful Hooray for Books franchise. |
| Support | Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | When you succeed, so do we. We will offer ongoing support to ensure your success from marketing and advertising to new trainings. |
| Marketing | Ad slicks, Regional advertising, Website, Web 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) | |
Expansion Plans |
||
| Kiddie Academy | Hooray for Books | |
| 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 | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Kiddie Academy | |
| Hooray for Books | |
| Franchise Fee | |
| Kiddie Academy | |
| Hooray for Books | |
| Royalty Fee | |
| Kiddie Academy | 7% |
| Hooray for Books | |
| Advertising Fee | |
| Kiddie Academy | 2% |
| Hooray for Books | |
| Year Founded | |
| Kiddie Academy | 1981 |
| Hooray for Books | 0 |
| Year Franchised | |
| Kiddie Academy | 1992 |
| Hooray for Books | 0 |
| Term Of Agreement | |
| Kiddie Academy | 15 years |
| Hooray for Books | 10 years |
| Renewal Fee | |
| Kiddie Academy | Varies |
| Hooray for Books | |
Business Experience Requirements |
|
| Experience | |
| Kiddie Academy | People and management skills |
| Hooray for Books | A teaching degree is not required, although it is welcomed. Our educational expert has created top-notch lessons that any smart cookie can teach. We do however, require you to have a passion for education, reading, baking, washing dishes, and of course, children! |
Financing Options |
|
| Franchise Fees | |
| Kiddie Academy | No |
| Hooray for Books | No |
| Start-up Costs | |
| Kiddie Academy | |
| Hooray for Books | |
| Equipment | |
| Kiddie Academy} | |
| Hooray for Books | |
| Inventory | |
| Kiddie Academy | |
| Hooray for Books | |
| Receivables | |
| Kiddie Academy | |
| Hooray for Books | |
| Payroll | |
| Kiddie Academy | |
| Hooray for Books | |
Training & Support |
|
| Training | |
| Kiddie Academy | Classroom Training: 80 hours Additional Training: Online training |
| Hooray for Books | There is a comprehensive 5 day training program at our headquarters. As part of your franchise fee you and one other person will receive complete training on all aspects of running a successful Hooray for Books franchise. |
| Support | |
| Kiddie Academy | Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Hooray for Books | When you succeed, so do we. We will offer ongoing support to ensure your success from marketing and advertising to new trainings. |
| Marketing | |
| Kiddie Academy | Ad slicks, Regional advertising, Website, Web Advertising |
| Hooray for Books | |
| 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) |
| Hooray for Books | |
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 |
| Hooray for Books | |
| Canada Expansion | |
| Kiddie Academy | |
| Hooray for Books | |
| International Expansion | |
| Kiddie Academy | |
| Hooray for Books | |