College Nannies Sitters and Tutors

At College Nannies Sitters and Tutors, we build stronger families by providing role models as nannies, babysitters and tutors. From a business model perspective, we are a staffing business selling hours. Our unique niche is providing role models to busy families.

Interested in Franchise Ownership?
Request a Consultation
College Nannies Sitters and Tutors

College Nannies Sitters and Tutors Franchise Cost and Requirements for 2024

Background

About Us

College Nannies and Tutors Builds Stronger Families by providing Role Models from Cradle to College. As a full-service family focused staffing firm, franchisees specialize in placing nannies, babysitters, homework help and college prep tutors.

We are currently seeking franchisee business partners nationwide that possess the desire and ability to grow single or multiple retail units within generous protected territories.

The Market

According to the US Census, there are over 74 million children ages 18 or younger in the United States and this segment is projected to grow by more than a half million children per year. This makes for tremendous opportunities in our market segments, childcare and private tutoring.

Childcare has been around for centuries, but the industry has yet to establish true "market leaders"; this fragmentation creates an enormous growth opportunity.

The private tutoring industry is led by the growing desire of parents to secure their children's future through supplemental education, particularly in view of perceived limitations of the formal education system.

Company Details

Established: 2001
First Unit Franchised: 2005
Franchised Units: 110+
Company Owned Units: 1
States Registered In: All 50 U.S. states.
Canada Franchises: No
International Franchises: No

Support and Training Offered By College Nannies Sitters and Tutors

Financial Assistance Provided: Third Party (typically FranFund)
Site Selection Assistance: Yes
Lease Negotiation Assistance: Advice
Training: 10 total weeks plus ongoing consulting

Mutual Discovery Process (4-6 weeks)

  • Step 1: Franchise Concept Overview
  • Step 2: Technology + Operations Overview
  • Step 3: Marketing + Recruiting Overview
  • Step 4: Territory Confirmation + Validation
  • Step 5: Agreement Review + Prepare for Meet the Team Day
  • Step 6: Meet The Team Day + Franchise Award

2024 Franchise Requirements Needed to Own a College Nannies Sitters and Tutors Franchise.

What does a College Nannies Sitters and Tutors Franchise Cost?

College Nannies Sitters and Tutors franchise fees for 2024:

Cash Investment: $60,000
Total Investment: $149,000 - $224,500
Minimum Net Worth: $500,000+
Franchise Fee: $39,500
Royalty: 5%
Average Number of Employees: 2

Item 19: Financial Performance Representation (2016 FDD):

  • Chart showing top third of stores averaged $1,050,890 in 2015 annual revenue.
  • Full P&L from Manager Run location (i.e. semi-absentee) showing $1.27M in sales and $206k net operating income (16%) for calendar year 2015.
  • Note: The items above are for your eyes only. Please refrain from providing specific numbers from our FDD and let us provide the FDD directly to your candidate.

Is College Nannies Sitters and Tutors a Semi Absentee Franchise with a Passive Ownership Opportunity?

No. College Nannies Sitters and Tutors is not a semi absentee franchise. The owner of the franchise (the franchisee) is expected to be involved in all aspects of day-to-day operations.

Is College Nannies Sitters and Tutors a Home Based franchise?

No. College Nannies Sitters and Tutors is not a home based franchise opportunity.

What Do College Nannies Sitters and Tutors Franchise Owners Make?

Click here to find out how much College Nannies Sitters and Tutors franchisees make. College Nannies Sitters and Tutors offers an Item 19 in their Franchise Disclosure Document which provides financial information about select franchisees in their franchise system.

Is College Nannies Sitters and Tutors a Master Franchise Opportunity?

No. College Nannies Sitters and Tutors is not a master franchise opportunity.

Does College Nannies Sitters and Tutors Offer a Veteran Discount?

No. College Nannies Sitters and Tutors franchise does not offer a veteran discount.

Does College Nannies Sitters and Tutors Work with E2 Visa and EB-5 Visa Candidates?

No. College Nannies Sitters and Tutors franchise does not work with E2 Visa and EB-5 Visa candidates.

Is College Nannies Sitters and Tutors Looking for Franchisees in Canada?

No. College Nannies Sitters and Tutors franchise is not looking for Canada franchisees.

Is College Nannies Sitters and Tutors Looking for International franchisees?

No. College Nannies Sitters and Tutors franchise is not looking for International franchisees.

Where can I see College Nannies Sitters and Tutors's FDD (Franchise Disclosure Document)?

Buying a Franchise Guide: What is a Franchise Disclosure Document?

When evaluating a franchise opportunity, reading and understanding the current version of their FDD is a necessity. Considering the benefits of franchising, such as established brand recognition and support from the franchisor, it's important to also take into account franchise fees and franchising royalty fees. Since most franchisors are privately owned companies, the current versions of their FDDs are typically not available unless requested directly from them.

Click here to connect with a Franchise Consultant who can help you obtain a copy quickly and for free. They can also guide you through the essential franchise questions to ask, ensuring you make a well-informed decision about your investment.

Additional Information

Additional Categories

Education, Child Related, Employment & Personnel, Non Food Franchises

Number of Units Open

100+ UNITS

Cash Required

$100,000 - $250,000

Master Franchise

No

Passive Franchise

No

Home Based Franchise

No

Item 19 Franchise

Yes

Veteran Discount

No

B2B

No

Franchise Opportunities in Canada

No

International Franchise Opportunities

No

E2 Visa Franchise

No

College Nannies Sitters and Tutors Franchises for Sale

Click Here to inquire about existing College Nannies Sitters and Tutors franchises for sale. We may have College Nannies Sitters and Tutors franchise resales. A franchise resale is an already established franchise owned by a franchisee and the franchisee is looking to sell their franchise.

The International Franchise Professionals Group (IFPG) is an internationally recognized membership-based franchise organization. IFPG Franchise Consultants guide aspiring business owners through the process of identifying and investing in franchise businesses. The IFPG represents more than 550 franchises. We do not represent all franchises listed here. By clicking on "Request a Consultation," you are agreeing to be contacted by one of our Certified Franchise Consultants to discuss franchise ownership.

About our rankings: The IFPG uses its internal data collected from our membership portal to identify which franchises had the most activity in the past week. This ranking system is not based on franchise sales, franchisee success rates or number of units open. Our ranking system should not be used to make a decision on which franchise to buy it was solely created for internal purposes and for our IFPG Members.