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Thinkertots

Early childhood education & development program

Background

Founded: 1997 Franchising since: 2005
22214 Union Turnpike
Bayside, New york 11364
Phone:
(718)740-1616


Franchisor has 8 employee(s); 2 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2009 3 0 0 1
2008 3 0 0 1
2007 2 0 0 1
2006 1 0 0 1
2005 1 0 0 1

Where Seeking Franchisees
Not available in the U.S.
Worldwide

Exclusive territories available.
Territory size: 25,000 population

Costs and Fees

Total investment: $42K-163K
Franchise fee: $15K-25K
Ongoing royalty fee: 6%
Term of agreement: 5 years, renewable


Type of Financing Available
In-House Third Party
Franchise Fee No No
Startup Costs No No
Equipment No No
Inventory No No
Accounts Receivable No No
Payroll No No

Qualifications
Net worth requirement: $200K
Cash liquidity requirement: $25K
Business Experience:
  • Love of children

Operations
  • Franchise can be run from home
  • Number of employees needed to run franchised unit: 3 - 3
  • Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

Training and Support

Training
  • Available at headquarters: 2 weeks
  • At franchisee's location: 4 days

Ongoing Support
  • Meetings
  • Toll-free phone line
  • Grand opening
  • Internet
  • Security/safety procedures
  • Field operations/evaluations
  • Purchasing cooperatives

Marketing Support
  • Co-op advertising
  • Ad slicks
  • Regional advertising

Other marketing support
  • Direct mail

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