Start-Up Costs and Fees |
||
| Kiddie Academy | Legacy Academy for Children | |
| Investment | 345000 - 5605000 | 2100000 - 2500000 |
| Franchise Fee | 0 | |
| Royalty Fee | 7% | 5% |
| Advertising Fee | 2% | |
| Year Founded | 1981 | 1997 |
| Year Franchised | 1992 | 1998 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Kiddie Academy | Legacy Academy for Children | |
| Experience | People and management skills | General business experience |
Financing Options |
||
| Kiddie Academy | Legacy Academy for Children | |
| 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 | Legacy Academy for Children | |
| 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 | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | Ad slicks, Regional advertising, Website, Web Advertising | Co-op advertising, Ad slicks, Regional 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) | 10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 25 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
||
| Kiddie Academy | Legacy Academy for Children | |
| 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 | South, |
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Kiddie Academy | |
| Legacy Academy for Children | |
| Franchise Fee | |
| Kiddie Academy | |
| Legacy Academy for Children | |
| Royalty Fee | |
| Kiddie Academy | 7% |
| Legacy Academy for Children | 5% |
| Advertising Fee | |
| Kiddie Academy | 2% |
| Legacy Academy for Children | |
| Year Founded | |
| Kiddie Academy | 1981 |
| Legacy Academy for Children | 1997 |
| Year Franchised | |
| Kiddie Academy | 1992 |
| Legacy Academy for Children | 1998 |
| Term Of Agreement | |
| Kiddie Academy | 15 years |
| Legacy Academy for Children | 24 years |
| Renewal Fee | |
| Kiddie Academy | Varies |
| Legacy Academy for Children | |
Business Experience Requirements |
|
| Experience | |
| Kiddie Academy | People and management skills |
| Legacy Academy for Children | General business experience |
Financing Options |
|
| Franchise Fees | |
| Kiddie Academy | No |
| Legacy Academy for Children | No |
| Start-up Costs | |
| Kiddie Academy | |
| Legacy Academy for Children | |
| Equipment | |
| Kiddie Academy} | |
| Legacy Academy for Children | |
| Inventory | |
| Kiddie Academy | |
| Legacy Academy for Children | |
| Receivables | |
| Kiddie Academy | |
| Legacy Academy for Children | |
| Payroll | |
| Kiddie Academy | |
| Legacy Academy for Children | |
Training & Support |
|
| Training | |
| Kiddie Academy | Classroom Training: 80 hours Additional Training: Online training |
| Legacy Academy for Children | |
| Support | |
| Kiddie Academy | Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Legacy Academy for Children | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Kiddie Academy | Ad slicks, Regional advertising, Website, Web Advertising |
| Legacy Academy for Children | Co-op advertising, Ad slicks, Regional 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) |
| Legacy Academy for Children | 10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 25 Absentee ownership of franchise is NOT allowed. (100% 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 |
| Legacy Academy for Children | South, |
| Canada Expansion | |
| Kiddie Academy | |
| Legacy Academy for Children | 0 |
| International Expansion | |
| Kiddie Academy | |
| Legacy Academy for Children | |