Start-Up Costs and Fees |
||
| Smarter Toddler | Tutor Time | |
| Investment | 690100 - 1019100 | 355000 - 2800000 |
| Franchise Fee | ||
| Royalty Fee | 6% | |
| Advertising Fee | ||
| Year Founded | 2005 | 1988 |
| Year Franchised | 2008 | 1990 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Smarter Toddler | Tutor Time | |
| Experience | General business experience Marketing skills | |
Financing Options |
||
| Smarter Toddler | Tutor Time | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Smarter Toddler | Tutor Time | |
| Training | ||
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | |
| Operations | 33% of all franchisees own more than one unit Number of employees needed to run franchised unit: 15 - 30 Absentee ownership of franchise is allowed. (70% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Smarter Toddler | Tutor Time | |
| 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 | |
| Smarter Toddler | |
| Tutor Time | |
| Franchise Fee | |
| Smarter Toddler | |
| Tutor Time | |
| Royalty Fee | |
| Smarter Toddler | |
| Tutor Time | 6% |
| Advertising Fee | |
| Smarter Toddler | |
| Tutor Time | |
| Year Founded | |
| Smarter Toddler | 2005 |
| Tutor Time | 1988 |
| Year Franchised | |
| Smarter Toddler | 2008 |
| Tutor Time | 1990 |
| Term Of Agreement | |
| Smarter Toddler | |
| Tutor Time | 15 years |
| Renewal Fee | |
| Smarter Toddler | |
| Tutor Time | $5K |
Business Experience Requirements |
|
| Experience | |
| Smarter Toddler | |
| Tutor Time | General business experience Marketing skills |
Financing Options |
|
| Franchise Fees | |
| Smarter Toddler | |
| Tutor Time | |
| Start-up Costs | |
| Smarter Toddler | |
| Tutor Time | |
| Equipment | |
| Smarter Toddler} | |
| Tutor Time | |
| Inventory | |
| Smarter Toddler | |
| Tutor Time | |
| Receivables | |
| Smarter Toddler | |
| Tutor Time | |
| Payroll | |
| Smarter Toddler | |
| Tutor Time | |
Training & Support |
|
| Training | |
| Smarter Toddler | |
| Tutor Time | |
| Support | |
| Smarter Toddler | |
| Tutor Time | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| Marketing | |
| Smarter Toddler | |
| Tutor Time | Co-op advertising, Ad slicks, National media, Regional advertising |
| Operations | |
| Smarter Toddler | |
| Tutor Time | 33% of all franchisees own more than one unit Number of employees needed to run franchised unit: 15 - 30 Absentee ownership of franchise is allowed. (70% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Smarter Toddler | 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 |
| Tutor Time | |
| Canada Expansion | |
| Smarter Toddler | |
| Tutor Time | 0 |
| International Expansion | |
| Smarter Toddler | |
| Tutor Time | |