Kiddie Academy was founded in 1981 by George and Pauline Miller and has completed 40 years of successful journey as educational and childcare for families and children ages 6 weeks to 12 years. They also offer full-time care, before and after-school care, and a summer camp program for the children. With the increasing demand, Kiddie Academy began its franchise option in 1992 and has grown to a strong position with its restless work. More than half of Kiddie Academy franchise owners own more than one unit, this indicates the level of satisfaction and franchises are making money with Kiddie Academy. Let us look at child education and learning centers franchising statistics. According to Ibis World, Kiddie Academy has the fourth largest market share in Child Education Development Learning Center franchising in the United States. Furthermore, the market grew by 20% from $1.6 billion in 2017 to $4 billion in 2022.
How much does a Kiddie Academy franchise cost
To start a kiddie academy franchise, you’ll need cost between $414,000 and $1039,000 to get started. Because Kiddie supports both leasing and ownership options for real estate, the cost will vary depending on the option.
If a franchisee wants to lease a unit, the net investment will be around $750,000, while owning a unit will cost around $1 million.
In addition, the franchise required $250,000 in liquid cash for leasing and $600,000 to $750,000 in liquid cash if they owned the unit. The Kiddie Academy franchise fee for both options will be $145,000.
A credit score of 650 or higher is required. Kiddie Academy charges their franchise owners a 7% ongoing royalty fee and a 2% advertising royalty fee.
How much does it cost to franchise Kiddie Academy in the United States?
Kiddie Academy Franchise Price
|Initial Franchise Fee||$145,000|
|Kiddie Academy Franchise Cost||$417,000 – $1,039,000|
|Term of Agreement||15 years|
|Is franchise term renewable?||Yes, 10 year|
|Renewable Franchise Fees||Varies|
How much do Kiddie Academy franchise owners make?
According to kiddie academy, franchise units that had been open for at least 24 months by 2019 had an annual average revenue of $1709,196 and an average yearly franchise profit of $454,668.
This information is based on 179 Kiddie Academy franchises. This average gross profit is calculated after deducting labor, rent, and other miscellaneous expenses from annual revenue. You must read the franchise disclosure document of Kiddie Academy for more information.
What is Kiddie Academy franchise profit?
The Kiddie Academy franchise has Average Unit Volume(AUV) is $1709,196 and with a profit margin of 15 to 20%, you can expect an income of $256,380 to $427,299.
You can break even your cost within 3 to 5 years, this makes this an attractive franchise opportunity to me.
Alternate of Legacy Academy Franchise
- Kumon franchise
- Drama kids franchise
- School of Rock franchise
- Goddard School Franchise
- Mathnasium franchise
- Huntington Franchise
- Tutor Doctor franchise
- C2 Education franchise
Kiddies Academy Franchise Requirements
No prior experience in the childcare or education industry is required for Kiddie Academy.
The franchisees come from various backgrounds. All you need is a net worth of $750,000 to $1 million, $250,000 in liquid cash, and a minimum credit score of 650.
Kiddies Academy franchise owner reviews
Kiddie Academy Franchising Rankings
What is the Kiddie Academy?
The kiddie academy began as an education-based childcare system in 1981. This system supports the operation and growth of a decades-old childcare system that promotes social and academic enrichment as well as proper education for children. Kiddie Academy is a tutoring and tuition assistance center for kids.
The franchise will operate a childcare facility for children aged six weeks to twelve years. The franchisees will provide curriculum, help with licensing and permits, and other necessities for establishing and running the business. As a support franchisee, you will have access to a dedicated team of site selection and construction experts, financing assistance, marketing strategies, and much more.
Franchisees come from a variety of backgrounds, and Kiddie provides them with opportunities to connect with and serve their communities, as well as a sense of great purpose. Kiddie also provides their franchisees with flexibility and a collaborative spirit, which allows franchise owners to be creative and develop the business as their own.
Is Kiddie Academy a franchise opportunity?
Kiddie Academy is a great opportunity for those looking to start a childcare business. Since they began franchising in 1992, they have developed a strong support system, training programs, and a strong business model that will assist you in growing your business and attracting parents to your academy.
With 40 years of industry experience, the kiddie academy has become one of the industry’s most influential leaders, receiving various awards from leading names such as Entrepreneur, Forbes, and others.
The franchise provides flexibility, allowing you to manage your long-awaited work-life balance career. Kiddie has already opened 280+ units in the United States, and it is expected that another 40-60 units will open this year. They also expect to open 30 -35 units per year in the coming years, and they are looking for different opportunities in the United States.
Kiddie Academy is designed for children ages 0-5 years old. The center offers full-time daycare and part-time preschool care. Kiddie Academy is licensed and insured, and the center has a positive rating with the Better Business Bureau. The kiddie franchise opportunity focuses primarily on appropriate curriculum development, technology implementation and teaching, fitness and health, and character-building essentials.
About Kiddies Academy Franchise
Kiddie Academy teaches children from preschool to high school age. The franchise was founded in 1981 and now has over 275 locations around the United States.
Kiddie Academy is a Childcare,Tutoring and tuition assistance franchise center. The franchise provides children with a variety of educational programs, including preschool, early childhood education, kindergarten, elementary school, and high school.
The franchise also offers daycare services for children of parents who work. The franchise also offers after-school programs for children in the local community.
They have over 275 units in 33 states in the United States and have been featured in Entrepreneur magazine, Forbes, and other publications. We will give you a brief overview of kiddie and provide the initial insights you seek.
Kiddies Academy Franchise Information
|Industry Type||Education & Training|
|Sub Category||Education Franchises|
|Company Name||Kiddie Academy Domestic Franchising LLC|
|Employees at Company H.O||1,250|
|Franchise Expansion Plan||United States|
|Number of Units||275 (according to their website)|
|Social Media Handles|
|Company Office location||Abingdon, Maryland, U.S.|
Kiddie Academy Training & Support is Offered to Franchises
There will be two types of training: 40 hours of on-the-job training and 81 hours of classroom training in which franchisees will learn various techniques, methods, and curriculum applications. The onsite training will take place at the company’s headquarters in Abingdon, Maryland.
The kiddie academy’s also offers a franchise training manual, where they will learn through conference calls and various dedicated online courses. The training will begin as soon as the structure is built, and the onsite portion will begin before the facility is open and operational. The rest of the training will be provided online through the kiddie academy university training portal.
The kiddie academy portal will offer dedicated comprehensive training materials to franchisees, assisting them in developing various skills, franchising operational knowledge, and grow-up knowledge.
The company will also provide instruction on Kiddie’s unique operational and day-to-day management Guide. Franchise owners must attend refresher training programs, seminars, training courses, and other programs at the request of the franchisor; this training may be required during the franchise agreements.
Kiddie Academy Operations and Support to Franchises
Even after the grand opening of the business, kiddie provides comprehensive operational support. Their dedicated business consultant will make regular visits to ensure the quality of business.
Additionally, franchisees will receive additional training in best educational practices, operations, and marketing. Limited access to a business consultant, year-round business counseling, and experienced team guidance will also be provided.
In the first year of the unit, Kiddie will provide a customized marketing strategy and drives. They also make their innovations, technologies, and expertise available.
How is Kiddie Childcare Territory Granted to Franchises
If the franchisor approves and grants franchise agreements, selected franchise locations can be operated independently by franchise owners at single locations.
In case, the population of the location is less than 125,000 within a single mile, the franchise agreements may grant exclusive territory or certain rights as described in the franchise disclosure document of kiddie academy’s.
If there are more than 125,00 people within a 1-mile radius, franchisees will not be granted exclusive territory. Market potential or achievement of a specific sales volume cannot be relied on as a dependable factor for exclusive territory franchise rights. The franchisor will not develop or license any other units in an exclusive territory.
What is the Franchise Term of Agreement and Renewal?
The initial term of the kiddie academy franchise agreement will be dependable, along with a franchise lease of at least 15 years.
If the franchise takes the location as a lease for the unit or if the franchise purchases the real estate property where the franchisee’s business is located, the lease term will be 25 years.
Eligible franchisees can also extend their term for an additional ten years.
Does Kiddie Academy provide Financial Funding to Franchises?
One of the benefits of Kiddie Academy is that they provide financial assistance through their partners. They have a dedicated finance team that will assist franchise owners with site selection, loans, grand openings, and other matters.
They have national and regional financing partners for franchise loans who can assist you. Kiddie’s finance team will also train you to develop loan packages and provide assistance with the executive summary of the business.
Reasons Why You Start Kiddies Academy Franchising
The Kiddie Academy franchises offers a unique opportunity to provide quality care for children while running a successful business. With a proven franchise business model and a strong focus on customer service, a Kiddie Childcare franchises can be a great choice for anyone interested in starting a business that helps children.
There are many reasons why someone might choose to start a Kiddie Academy franchising. Some reasons could include
• Over four decades of experience in the childcare industry
• Diverse business model and comprehensive support
• Business flexibility promotes work-life balance
• Rising demand for high-quality childcare from single parents and dual-income families;
• lease and own, both options are available for the franchise
• Quick access to SBA financing with a third-party financing option
• Prompt support program for financing, training, pre-launch, construction, licensing, and ramp-ups
Why start a Child Education business?
There are many reasons why someone might want to start a child education business. Perhaps the person has experience working with children and wants to share that knowledge with others.
Rather, the person may want to create their own business from scratch and see how it goes. Whatever the reasons, starting a child education business can be a lot of fun and rewarding. There are a variety of ways to get started, and the sky is the limit as to what can be accomplished.
If you have the following you should start a childcare and education franchise business.
- Desire to provide quality care for children
- Enjoy working with children
- Love the idea of running a business that helps children
- Opportunity to create a new and successful business
Franchise Deck Analysis and Overview
In the current scenario, the childcare industry is one of the emerging industries, and demand for the industry is expected to grow rapidly. Working in the childcare industry for over four decades, kiddie has earned a prestigious award in the market as well as in the childcare and education industries.
Among all competitors, Kiddie offers a lower investment in this category with its comprehensive support. The best part about the franchise is that Kiddie gives its franchisees the flexibility to focus on other priorities, as well as comprehensive training and support before and after the unit opens.
A dedicated franchise consultant or franchise manager is also available, as well as customised marketing strategies and tactics. They also offer eligible franchise owners share ownership opportunities.
Another advantage is that there is no need for prior experience in the education or childcare sector, and they are expected to grow 30-40 new units per year, making them more appealing to people interested in this industry.
So, without hesitation, we can say that Kiddie will be a worthwhile investment for your company. You can go ahead with Kiddie Academy considering your franchising territory and reviews from existing franchises.
Conclusion: Should You Buy the Kiddie Academy franchise for sale?
Kiddie Academy is a franchise that offers early childhood education services to children aged three to five years old. The franchise offers classes for children at their homes, as well as at educational facilities such as daycare centers and preschools. According to the Kiddie Academy franchise, they have gained market leadership through the support of their franchisees, who push the academy’s progress and growth. The organization’s journey has reinforced its strong business models and market presence. They ensure that their franchisees have all of the support, guidance, and tools they need to run their business efficiently while remaining flexible and able to work on other important priorities.
So, if you don’t have prior experience but still want to work in the childcare and education industry, Kiddie Academy is one of the best options for you.
You can explore other education-related franchise opportunities
- Legacy Academy Franchise
- Sylvan Learning Center Franchise
- School of Rock franchise
- Goddard School Franchise
- Drama Kids Franchise
- Huntington Franchise
- Kumon Franchise
- MATHNASIUM Franchise
- Kindercare Franchise
- Algorithmics Franchise
- Code Ninjas Franchise