College Nannies & Tutors

Founded: 2001 Franchising since: 2005

1415 Wayzata Blvd. East Wayzata, Minnesota 55391

Phone: (952)476-0262

Franchisor is a privately-held company with 7 employee(s); 6 employee(s) in franchise department.

Franchise Growth

Year	U.S. Franchises	Canadian Franchises	Foreign Franchises	Company Owned
2009	51	0	0	0
2008	39	0	0	0
2007	20	0	0	0
2006	8	0	0	0
2005	4	0	0	0

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, 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
Outside the U.S.: Australia/new zealand, Canada, Western europe

Exclusive territories available.
Territory size: Minimum population of 50K

Total investment: $40K-154K Franchise fee: $25K/35K

Ongoing royalty fee: 5% Term of agreement: 10 years, renewable

Type of Financing Available

	In-House	Third Party
Franchise Fee	No	Yes
Startup Costs	No	Yes
Equipment	No	Yes
Inventory	No	Yes
Accounts Receivable	No	Yes
Payroll	No	Yes

Qualifications
Net worth requirement: $200K
Cash liquidity requirement: $25K
Business Experience:

• Industry experience
• General business experience
• Marketing skills
• Willingness to learn

Operations

• Franchise can be run from home
• Number of employees needed to run franchised unit: 2 - 2
• Absentee ownership of franchise is NOT allowed.

Training

• Available at headquarters: 1 week
• At franchisee's location: 1 week

Ongoing Support

• Newsletter
• Meetings
• Toll-free phone line
• Grand opening
• Internet
• Security/safety procedures
• Field operations/evaluations
• Purchasing cooperatives

Marketing Support

• Co-op advertising
• Ad slicks
• National media
• Regional advertising

Other marketing support

• Proprietary online resource center

Franchise 500® rank:
#315 (2009);

Low-Cost Franchises:
#73 (2009);

Top New Ranking:
#20 (2009);

Top Home Based Franchises:
#90 (2009);