Start-Up Costs and Fees |
||
| Legacy Academy for Children | Kiddie Academy | |
| Investment | 2100000 - 2500000 | 345000 - 5605000 |
| Franchise Fee | 0 | |
| Royalty Fee | 5% | 7% |
| Advertising Fee | 2% | |
| Year Founded | 1997 | 1981 |
| Year Franchised | 1998 | 1992 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Legacy Academy for Children | Kiddie Academy | |
| Experience | General business experience | People and management skills |
Financing Options |
||
| Legacy Academy for Children | Kiddie Academy | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Legacy Academy for Children | Kiddie Academy | |
| Training | Classroom Training: 80 hours Additional Training: Online training | |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | Co-op advertising, Ad slicks, Regional advertising | Ad slicks, Regional advertising, Website, Web Advertising |
| Operations | 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) | 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 |
||
| Legacy Academy for Children | Kiddie Academy | |
| US Expansion | South, | 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 | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Legacy Academy for Children | |
| Kiddie Academy | |
| Franchise Fee | |
| Legacy Academy for Children | |
| Kiddie Academy | |
| Royalty Fee | |
| Legacy Academy for Children | 5% |
| Kiddie Academy | 7% |
| Advertising Fee | |
| Legacy Academy for Children | |
| Kiddie Academy | 2% |
| Year Founded | |
| Legacy Academy for Children | 1997 |
| Kiddie Academy | 1981 |
| Year Franchised | |
| Legacy Academy for Children | 1998 |
| Kiddie Academy | 1992 |
| Term Of Agreement | |
| Legacy Academy for Children | 24 years |
| Kiddie Academy | 15 years |
| Renewal Fee | |
| Legacy Academy for Children | |
| Kiddie Academy | Varies |
Business Experience Requirements |
|
| Experience | |
| Legacy Academy for Children | General business experience |
| Kiddie Academy | People and management skills |
Financing Options |
|
| Franchise Fees | |
| Legacy Academy for Children | No |
| Kiddie Academy | No |
| Start-up Costs | |
| Legacy Academy for Children | |
| Kiddie Academy | |
| Equipment | |
| Legacy Academy for Children} | |
| Kiddie Academy | |
| Inventory | |
| Legacy Academy for Children | |
| Kiddie Academy | |
| Receivables | |
| Legacy Academy for Children | |
| Kiddie Academy | |
| Payroll | |
| Legacy Academy for Children | |
| Kiddie Academy | |
Training & Support |
|
| Training | |
| Legacy Academy for Children | |
| Kiddie Academy | Classroom Training: 80 hours Additional Training: Online training |
| Support | |
| Legacy Academy for Children | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Kiddie Academy | Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| Legacy Academy for Children | Co-op advertising, Ad slicks, Regional advertising |
| Kiddie Academy | Ad slicks, Regional advertising, Website, Web Advertising |
| Operations | |
| 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) |
| 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) |
Expansion Plans |
|
| US Expansion | |
| Legacy Academy for Children | South, |
| 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 |
| Canada Expansion | |
| Legacy Academy for Children | 0 |
| Kiddie Academy | |
| International Expansion | |
| Legacy Academy for Children | |
| Kiddie Academy | |