Start-Up Costs and Fees |
||
| Young Chefs Academy | Kiddie Academy | |
| Investment | 120300 - 196900 | 345000 - 5605000 |
| Franchise Fee | 0 | |
| Royalty Fee | $395/month | 7% |
| Advertising Fee | 2% | |
| Year Founded | 2004 | 1981 |
| Year Franchised | 2005 | 1992 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Young Chefs Academy | Kiddie Academy | |
| Experience | *Franchisees must live in the market they wish to operate. *You must have a minimum of $72,000.00. *We carefully consider your personal experience and people skills. *You must understand the unique attributes of operating a business within a franchise system. *You need to be able to execute a franchise agreement within 3 months from the initial request for consideration to begin the qualification process. | People and management skills |
Financing Options |
||
| Young Chefs Academy | 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 |
||
| Young Chefs Academy | Kiddie Academy | |
| Training | Hands on initial training supports our operations manual so that each new franchisee represents our brand to the standard of quality associated with Young Chefs Academy. All new Young Chef Academy Franchise Owners receive on-site training followed by continual training throughout the franchise relationship. Our initial training program is designed to prepare you to furnish you with the right tools to make your dream a reality and allow you to begin your business immediately after you successfully complete your training. | Classroom Training: 80 hours Additional Training: Online training |
| Support | Through our wide-range of expertise, there is always someone to turn to for answers. | Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| 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 |
||
| Young Chefs Academy | Kiddie Academy | |
| 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 | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Young Chefs Academy | |
| Kiddie Academy | |
| Franchise Fee | |
| Young Chefs Academy | |
| Kiddie Academy | |
| Royalty Fee | |
| Young Chefs Academy | $395/month |
| Kiddie Academy | 7% |
| Advertising Fee | |
| Young Chefs Academy | |
| Kiddie Academy | 2% |
| Year Founded | |
| Young Chefs Academy | 2004 |
| Kiddie Academy | 1981 |
| Year Franchised | |
| Young Chefs Academy | 2005 |
| Kiddie Academy | 1992 |
| Term Of Agreement | |
| Young Chefs Academy | 10 years |
| Kiddie Academy | 15 years |
| Renewal Fee | |
| Young Chefs Academy | |
| Kiddie Academy | Varies |
Business Experience Requirements |
|
| Experience | |
| Young Chefs Academy | *Franchisees must live in the market they wish to operate. *You must have a minimum of $72,000.00. *We carefully consider your personal experience and people skills. *You must understand the unique attributes of operating a business within a franchise system. *You need to be able to execute a franchise agreement within 3 months from the initial request for consideration to begin the qualification process. |
| Kiddie Academy | People and management skills |
Financing Options |
|
| Franchise Fees | |
| Young Chefs Academy | No |
| Kiddie Academy | No |
| Start-up Costs | |
| Young Chefs Academy | |
| Kiddie Academy | |
| Equipment | |
| Young Chefs Academy} | |
| Kiddie Academy | |
| Inventory | |
| Young Chefs Academy | |
| Kiddie Academy | |
| Receivables | |
| Young Chefs Academy | |
| Kiddie Academy | |
| Payroll | |
| Young Chefs Academy | |
| Kiddie Academy | |
Training & Support |
|
| Training | |
| Young Chefs Academy | Hands on initial training supports our operations manual so that each new franchisee represents our brand to the standard of quality associated with Young Chefs Academy. All new Young Chef Academy Franchise Owners receive on-site training followed by continual training throughout the franchise relationship. Our initial training program is designed to prepare you to furnish you with the right tools to make your dream a reality and allow you to begin your business immediately after you successfully complete your training. |
| Kiddie Academy | Classroom Training: 80 hours Additional Training: Online training |
| Support | |
| Young Chefs Academy | Through our wide-range of expertise, there is always someone to turn to for answers. |
| Kiddie Academy | Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| Young Chefs Academy | |
| Kiddie Academy | Ad slicks, Regional advertising, Website, Web Advertising |
| Operations | |
| Young Chefs Academy | |
| 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 | |
| Young Chefs Academy | |
| 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 | |
| Young Chefs Academy | 0 |
| Kiddie Academy | |
| International Expansion | |
| Young Chefs Academy | |
| Kiddie Academy | |