Start-Up Costs and Fees |
||
| Math Monkey | Kiddie Academy | |
| Investment | 99000 - 164000 | 345000 - 5605000 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | 7% |
| Advertising Fee | 2% | |
| Year Founded | 2006 | 1981 |
| Year Franchised | 2006 | 1992 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Math Monkey | Kiddie Academy | |
| Experience | People and management skills | |
Financing Options |
||
| Math Monkey | Kiddie Academy | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Math Monkey | Kiddie Academy | |
| 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 | |
| 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 |
||
| Math Monkey | 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 | |
| Math Monkey | |
| Kiddie Academy | |
| Franchise Fee | |
| Math Monkey | |
| Kiddie Academy | |
| Royalty Fee | |
| Math Monkey | 6% |
| Kiddie Academy | 7% |
| Advertising Fee | |
| Math Monkey | |
| Kiddie Academy | 2% |
| Year Founded | |
| Math Monkey | 2006 |
| Kiddie Academy | 1981 |
| Year Franchised | |
| Math Monkey | 2006 |
| Kiddie Academy | 1992 |
| Term Of Agreement | |
| Math Monkey | |
| Kiddie Academy | 15 years |
| Renewal Fee | |
| Math Monkey | |
| Kiddie Academy | Varies |
Business Experience Requirements |
|
| Experience | |
| Math Monkey | |
| Kiddie Academy | People and management skills |
Financing Options |
|
| Franchise Fees | |
| Math Monkey | |
| Kiddie Academy | |
| Start-up Costs | |
| Math Monkey | |
| Kiddie Academy | |
| Equipment | |
| Math Monkey} | |
| Kiddie Academy | |
| Inventory | |
| Math Monkey | |
| Kiddie Academy | |
| Receivables | |
| Math Monkey | |
| Kiddie Academy | |
| Payroll | |
| Math Monkey | |
| Kiddie Academy | |
Training & Support |
|
| Training | |
| Math Monkey | |
| Kiddie Academy | Classroom Training: 80 hours Additional Training: Online training |
| Support | |
| Math Monkey | |
| Kiddie Academy | Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| Math Monkey | |
| Kiddie Academy | Ad slicks, Regional advertising, Website, Web Advertising |
| Operations | |
| Math Monkey | |
| 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 | |
| Math Monkey | |
| 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 | |
| Math Monkey | 0 |
| Kiddie Academy | |
| International Expansion | |
| Math Monkey | |
| Kiddie Academy | |