Start-Up Costs and Fees |
||
| Legacy Academy for Children | Adventure Kids Playcare | |
| Investment | 2100000 - 2500000 | 350000 - 589000 |
| Franchise Fee | ||
| Royalty Fee | 5% | 5% |
| Advertising Fee | ||
| Year Founded | 1997 | 2004 |
| Year Franchised | 1998 | 2006 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Legacy Academy for Children | Adventure Kids Playcare | |
| Experience | General business experience | |
Financing Options |
||
| Legacy Academy for Children | Adventure Kids Playcare | |
| 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 | Adventure Kids Playcare | |
| Training | * Available at headquarters: 10 days * At franchisee's location: 5 days | |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | * Newsletter * Toll-free phone line * Grand opening * Internet * Security/safety procedures * Field operations/evaluations * Purchasing cooperatives |
| Marketing | Co-op advertising, Ad slicks, Regional advertising | * Ad slicks * Regional 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) | * 20% of all franchisees own more than one unit * Number of employees needed to run franchised unit: 15 - 20 * Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
||
| Legacy Academy for Children | Adventure Kids Playcare | |
| 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 | |
| Adventure Kids Playcare | |
| Franchise Fee | |
| Legacy Academy for Children | |
| Adventure Kids Playcare | |
| Royalty Fee | |
| Legacy Academy for Children | 5% |
| Adventure Kids Playcare | 5% |
| Advertising Fee | |
| Legacy Academy for Children | |
| Adventure Kids Playcare | |
| Year Founded | |
| Legacy Academy for Children | 1997 |
| Adventure Kids Playcare | 2004 |
| Year Franchised | |
| Legacy Academy for Children | 1998 |
| Adventure Kids Playcare | 2006 |
| Term Of Agreement | |
| Legacy Academy for Children | 24 years |
| Adventure Kids Playcare | 10 years |
| Renewal Fee | |
| Legacy Academy for Children | |
| Adventure Kids Playcare | |
Business Experience Requirements |
|
| Experience | |
| Legacy Academy for Children | General business experience |
| Adventure Kids Playcare | |
Financing Options |
|
| Franchise Fees | |
| Legacy Academy for Children | No |
| Adventure Kids Playcare | No |
| Start-up Costs | |
| Legacy Academy for Children | |
| Adventure Kids Playcare | |
| Equipment | |
| Legacy Academy for Children} | |
| Adventure Kids Playcare | |
| Inventory | |
| Legacy Academy for Children | |
| Adventure Kids Playcare | |
| Receivables | |
| Legacy Academy for Children | |
| Adventure Kids Playcare | |
| Payroll | |
| Legacy Academy for Children | |
| Adventure Kids Playcare | |
Training & Support |
|
| Training | |
| Legacy Academy for Children | |
| Adventure Kids Playcare | * Available at headquarters: 10 days * At franchisee's location: 5 days |
| Support | |
| Legacy Academy for Children | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Adventure Kids Playcare | * Newsletter * Toll-free phone line * Grand opening * Internet * Security/safety procedures * Field operations/evaluations * Purchasing cooperatives |
| Marketing | |
| Legacy Academy for Children | Co-op advertising, Ad slicks, Regional advertising |
| Adventure Kids Playcare | * Ad slicks * Regional 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) |
| Adventure Kids Playcare | * 20% of all franchisees own more than one unit * Number of employees needed to run franchised unit: 15 - 20 * Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Legacy Academy for Children | South, |
| Adventure Kids Playcare | 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 |
| Adventure Kids Playcare | |
| International Expansion | |
| Legacy Academy for Children | |
| Adventure Kids Playcare | |