- 2023 Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$107K - $163K
- Units as of 2023
-
191 1% over 3 years
Jovie (formerly College Nannies + Sitters), is a professional childcare company founded in 2001. Owned by Bright Horizons, the company offers nanny and professional babysitting services to those who need them. Just search "online nanny service," and you may find a smattering of competitors. But Jovie has built its system to stand out among the rest.
Since the company started, its professional nannies and babysitters have enabled people to go about their lives while still caring for their families. From helping parents balance their work-home lives to assisting students in passing their exams, Jovie has serviced their communities around the nation.
Why You May Want to Start a Jovie Franchise
If you love the idea of providing essential services to the community, then a Jovie franchise may be for you. You don't need experience in child care, and the company does not require you to have a college degree.
However, the franchise does lend itself to executives looking to move away from their corporate jobs, people who love working with kids, and couples working towards retirement. It may also be a great option for working parents who need more freedom to be with their kids.
Overall, no matter the professional background, the perfect Jovie franchisee has a passion for helping others, their community, and a knack for business. The company has set up its business model to help franchisees find qualified professionals while managing the business end of things. Jovie will train franchisees and offer them ongoing support.
What Might Make a Jovie Franchise a Good Choice?
Jovie is a top nanny service company in the U.S. The company also likes to leverage industry trends, which may open up the possibility of capitalizing on newer nannying and tutoring techniques.
Jovie has carved out a niche as a family-oriented service business with year-round clients. And with such a large demographic to target—children and parents—the chances of bringing in clients at any point during the year are typically high.
How Do You Open a Jovie Franchise?
To be part of the Jovie team, you should make sure you're financially ready for an initial investment that will include a franchise fee and other startup costs. You should also make sure you are ready to commit to your community and work with private clients daily.
To prepare to become a franchisee, you'll review their recruiting and marketing strategies to see how they will help build your business, and after that, you'll go through a validation process. Their executives may review your application to see if you fit the company.
If both parties agree to continue with the process, you will meet the team to help establish your business once you have signed on board. You will then go through training before you open your doors to your community of eager learners.
Company Overview
About Jovie
| Industry | Children's Businesses |
|---|---|
| Related Categories | Childcare, Tutoring, Staffing/Recruiting, Children's Education/Enrichment |
| Founded | 2001 |
| Parent Company | Bright Horizons Family Solutions Inc. |
| Leadership | Stuart Dupuy, Brand President |
| Corporate Address |
2655 W. Midway Blvd., #230 Broomfield, CO 80020 |
| Social | Facebook, LinkedIn, Instagram, YouTube |
Business Overview
| Franchising Since | 2005 (18 years) |
|---|---|
| # of employees at HQ | 54 |
| Where seeking |
This company is offering new franchisees in the following US states: Alabama, Arkansas, Arizona, California, Colorado, Connecticut, District of Columbia, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, North Carolina, North Dakota, Nebraska, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia |
| # of Units | 191 (as of 2023) |
|
|
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Jovie franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
|
Initial Franchise Fee
|
$45,000 |
|---|---|
|
Initial Investment
|
$107,000 - $163,000 |
|
Net Worth Requirement
|
$350,000 |
|
Cash Requirement
|
$60,000 |
|
Royalty Fee
|
5% |
|
Ad Royalty Fee
|
2% |
|
Term of Agreement
|
10 years |
| Is franchise term renewable? | Yes |
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
| In-House Financing | Jovie offers in-house financing to cover the following: franchise fee |
|---|---|
| Third Party Financing | Jovie has relationships with third-party sources which offer financing to cover the following: startup costs, accounts receivable, payroll |
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
| On-The-Job Training | 90 hours |
|---|---|
| Classroom Training | 32 hours |
| Ongoing Support |
Purchasing Co-ops
Newsletter
Meetings & Conventions
Security & Safety Procedures
Field Operations
Proprietary Software
Franchisee Intranet Platform
|
| Marketing Support |
Co-op Advertising
Ad Templates
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App
|
Operations
Additional details about running this franchise.
| Is absentee ownership allowed? | No |
|---|---|
|
Can this franchise be run from home/mobile unit?
|
No |
|
Can this franchise be run part time?
|
No |
| # of employees required to run | 1 |
|
Are exclusive territories available?
|
Yes |
Interested in ownership opportunities like Jovie? Request a free consultation with a Franchise Advisor now.
Franchise 500 Ranking History
Compare where Jovie landed on this year's Franchise 500 Ranking versus previous years.
Additional Rankings
Curious to know where Jovie ranked on other franchise lists? Find out below.
Sign Up for Our Franchise Newsletter
Stay up to date on the latest news and trends affecting the franchise industry.
Related Franchises
Are you eager to see what else is out there? Browse franchises that are similar to Jovie.
Related Franchise Content
Catch up on the latest franchise news, trends, and more.
Unlocking Growth — The Power of KPIs in Driving Franchise Brand Success
Why it's critical to track your franchise goals and objectives.
Free Webinar | November 8: Unlocking Financial Freedom: The Side-Hustle Franchise Path
Your aspirations to have an additional source of income can become a reality as a side-hustle business owner — and this free webinar will show you exactly how to do it. Register now →
The 8 Things Franchise Investors Want to See in Your Business
If you're looking for investors, these are the 8 things they are looking for in your franchise business.
This Founder Walked-On to a Top College Basketball Team in the '90s. Today, He and Drew Brees Are Bringing the 'Walk-On Mentality' to Franchising.
Brandon Landry was so determined to play college basketball that he walked-on — tried out with no scholarship and made the team — at a major program. He's brought that same determination to the franchise business with Walk-On's Sports Bistreaux.
Franchise Legalese Defined — A Deep Dive Into Franchising Definitions
Before you can decide if you should franchise, find out exactly what you're getting yourself into.
Opening a New McDonald's Franchise Will Be More Expensive in 2024
Starting January 1, franchise royalty fees will rise from 4% to 5% for new locations in the U.S. and Canada.
