Q. How much does a College Nannies & Tutors franchise cost?
Depending on whether you choose a single unit or multi-unit opportunity, the fees and initial investment will vary.
A single business unit license begins with a franchise fee of $35,000. The estimated initial investment of a single
unit, including the franchise fee, is between $60,000 and $154,000 which is based, in large part, on whether you
decide to operate the business from your home, an executive office or a retail tutoring center. A breakdown of this
investment is located in Item 7 of our Franchise Disclosure Document (FDD). Multi unit franchise opportunities are
also available. Multi-unit opportunities, including the franchise fee, is between $85,000 - $204,000.
Q. What is the term of the franchise agreement?
The initial agreement is for 10 years. After 10 years, there is an option for another 10 years. This information is
outlined in the FDD.
Q. How difficult is it to find staff?
As with any business, it is always important to source good staff. Through the techniques and skills acquired in
our training programs and the assistance of our proprietary web-based CNeT system, our franchisees find sourcing
staff to be relatively straightforward.
Q. Is this a growing industry?
Yes, in most parts of the country child care and education services are growing. In fact, the Small Business
Administration recently name both the childcare and education industries in their "Top Ten" categories
for growth.
Q. Can I have a protected territory?
Yes, this territory will be outlined in your franchise agreement. Some individuals will have more than one location
and may add a tutoring component to the business and this will be defined as well.
Q. Do I need to be an experienced businessperson to run this franchise?
The systems for this franchise were created so that almost any person can run it. Business skills and management
skills are a plus, but so is knowledge of the local community as well as a good work ethic and drive to succeed.
Hiring supporting staff or utilizing outside professionals with key skills where you have a weakness can always
be beneficial.
Q. Can I operate this business from my home?
You can manage some of the business from your home; you must, however, have the ability to conduct staff interviews
and other meetings at other locations. Any location must meet all local, state and government regulations related
to your business activities.
Q. How long does it take to get started?
From the day you are awarded a franchise, you can be open for business assisting families as soon as your business
organization is filed, insurance coverage and required tax id numbers secured and training is scheduled and
completed which can take less than two months. We will work with you to best meet your timeline and desire to start
your new business.
Simply fill out the form below and a College Nannies & Tutors representative will contact you shortly!
This web site and the franchise sales information on this site do not constitute an offer to sell a franchise. The offer of a franchise
can only be made through the delivery of a franchise disclosure document. Certain states require that we register the franchise
disclosure document in those states. The communications on this web site are not directed by us to the residents of any of those states.
Moreover, we will not offer or sell franchises in those states until we have registered the franchise (or obtained an applicable exemption
from registration) and delivered the franchise disclosure document to the prospective franchisee in compliance with applicable law.