College Nannies and Tutors
College Nannies and Tutors is the premier opportunity in the staffing industry. We are a retail-based staffing business with a unique approach, providing role models to busy families. By focusing on children from cradle-to-college, we become the trusted, one-stop shop for a family's childcare and tutoring needs.
What Does a College Nannies and Tutors Franchise Cost?
To buy a franchise with College Nannies and Tutors, you'll need to have at least $50,000 in liquid capital and a minimum net worth of $400,000. Franchisees can expect to make a total investment of $152,000 - $209,000. They also offer a discount for veterans. *
Requirements
Financial requirements for this franchise:
| Liquid Capital: | $50,000 What does Liquid Capital mean? |
|---|---|
| Net Worth: | $400,000 What does Net Worth mean? |
| Total Investment: | $152,000 - $209,000 What does Total Investment mean? |
Options
Options available to franchisees:
| Financing: | Not Available |
|---|---|
| Training: | Available |
| Veteran Discount: | Yes, Discount Provided on Franchise Fee |
Franchisor Details
Facts about this franchise:
| Total Units: | 80 |
|---|---|
| Home Office: | Minneapolis, MN |
| Year Founded: | 2001 |
| Franchising Since: | 2005 |
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.
Our Advantage
College Nannies and Tutors is your premier opportunity in these growth industries. By focusing on children from cradle-to-college, you, the franchisee will provide a trusted, one-stop-shop for a family's childcare and tutoring needs.
By offering both childcare and tutoring services, you will eliminate the seasonality associated with these industries, you will be provided excellent cross sales opportunities and you will take advantage of long lifetime value of customers leading to a stronger return on your investment.
As a College Nannies and Tutors franchisee, you will have:
- Multiple revenue streams to build a recession resistant business
- Large, protected territories giving you plenty of growth potential
- A cash-based business with no payroll funding issues
- Marketing, training and support as you build your franchise
- A personal business coach providing customized support
- Insight from childcare and tutoring industry experts
- Web-based, CNeT technology to streamline management of office, HR, CRM and accounting
- A growth-driven system with multi-unit potential
Ideal Candidate
We're looking for franchise owners who are outgoing and have staffing and/or sales and marketing experience, and who are results oriented. A person who can build relationships, lead a team, and who has the motivation to excel! You must have a minimum of $50k in liquid capital, and be ready to make a full-time commitment.
A background in childcare or education is not necessary to succeed as a CNT franchisee. In fact, our strongest franchise owners today come from diverse backgrounds such as sales, staffing, marketing, finance and general business management.
Availability
College Nannies and Tutors is currently accepting inquiries from the following 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, 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, Wyoming
Interested parties should have at least $50,000 in liquid capital to invest.
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