College Nannies and Tutors

Description

At College Nannies and Tutors, we build stronger families by providing role models as nannies, babysitters and tutors.

The College Nannies and Tutors business model is a retail-based staffing business selling hours. Our unique niche is providing role models to busy families.

We provide two types of role models to families:

  • Role Models as nannies and babysitters providing care exclusively in the customer’s home. Here our focus is on families with children age 0 to 16.
  • Role Models as one-on-one tutors providing tutoring at our learning centers, and occasionally in the customer’s home. Here our focus is on students ages 12 to 18.
  • By offering both childcare and tutoring services, franchisees eliminate the seasonality associated with these industries, provide excellent cross sales opportunities and take advantage of long lifetime value of customers leading to a stronger return on investment.

IDEAL CANDIDATE:

Candidates should possess desire and and ability to grow $1MM units (like top CNT franchisees). Strong sales/marketing/networking skills - people management aptitude a plus.

If you have a strong female candidate, throw us in the mix every time. Why? They tend to get and and be drawn to CNT right away because they have either experienced the need for these services or know others that have.

NET WORTH REQUIREMENTS: $400k, LIQUID $50k

Background

Year Established: 2001
Year First Franchised: 2005
Franchised Units: 50-100
Actual number of units: 43 Owners / 74 territories
Company Owned Units: 2
Projected New Units (12 months): 15

States referrals are accepted in:

  • Alabama
  • Alaska
  • Arizona
  • Arkansas
  • California
  • Colorado
  • Connecticut
  • Delaware
  • Florida
  • Georgia
  • Hawaii
  • Idaho
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Louisiana
  • Maine
  • Maryland
  • Massachusetts
  • Michigan
  • Minnesota
  • Mississippi
  • Missouri
  • Montana
  • Nebraska
  • Nevada
  • New Hampshire
  • New Jersey
  • New Mexico
  • New York
  • North Carolina
  • North Dakota
  • Ohio
  • Oklahoma
  • Oregon
  • Pennsylvania
  • Rhode Island
  • South Carolina
  • South Dakota
  • Tennessee
  • Texas
  • Utah
  • Vermont
  • Virginia
  • Washington
  • West Virginia
  • Wisconsin
  • Wyoming

Avail. in Canada: Masters/Area Developer: No

 

Financial / Terms

Cash Investment: $35,000
Minimum Investment: $152,200
Minimum Net Worth: $400,000
Franchise Fee: $35,000


Discounts:

  • Vet Fran

Royalty: 5%
Ad: 1%
Average # of Employees: 30
Passive Ownership Allowed: No
Earnings Claims: Yes


Notes:

College Nannies & Tutors Franchise
Multiple Units:
Franchise Fee: $35K single territory
Total Investment: $152,200 - 212,200

 

Franchise Sales

Single Unit: Yes
Multiple Units: Yes
Area/Master Developer: No
Resales: Yes

 

International Expansion

International Expansion Opportunities: No
Developing outside of the U.S.: No
Single Unit Availability Outside U.S.: No
Multiple Unit Availability Outside U.S.: No
Area Development or Master Avail.: No
Cash Investment: N/A
Total Investment: N/A

 

Support & Training Provided

Financial Assistance Provided: No
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Co-operative Advertising: Yes


Notes:

Financial Assistance Provided: 3rd Party Referrals
Cooperative Advertising: In select markets, currently elective

Training Support:

Once a franchise has been awarded, pre-training will take place via conference calls and weekly assignments. Pre-training will last anywhere from 6-8 weeks and is approximately 120 hours. Site selection and prescriptive build out insights for learning center is provided.

Upon completing pre-training, franchisees will spend 1 week in our Minneapolis training facility learning the necessary systems, processes, technology, sales, marketing and management methods necessary to operate their franchise. This intense, all-inclusive program will give them the comfort level and confidence necessary to open their location. Weekly franchisee calls, monthly training calls, ongoing advice, consultation, conventions and ongoing training programs are part of the culture at College Nannies and Tutors.

 

Get Started!

Freddy O'Pry

Franchise Development

281-342-7474