Interested in going into business for yourself? Opening a childcare franchise is a great way to do so. Since 2001 we’ve helped hundreds of franchisees break into our business. Here are a few of the questions we regularly receive about the process.
The exact cost to open a new CNST childcare and nanny business will vary depending on lots of variables, such as the region where you’ll be operating. We estimate that the total initial investment will range between $105,000 to $158,000. We’ve included just about everything it takes to get started in that estimate, including the cost of getting your office space up and running, initial marketing costs, and much more. In order to manage this expense, we’re looking for franchisees with a net worth of $350k and $50k in liquid assets.
We’ve fine-tuned our business model so that you don’t need to be an expert in childcare or development in order to leverage it. We’ll show you how to find well-qualified employees to provide services while you run the business side of things. Having a college education is a great qualification because the skills you learned there could be useful to you as a business owner, but it’s not a requirement. If you’re hardworking and are driven to go into business for yourself, you might just have what it takes.
CNST is worlds apart from other childcare franchises for many reasons. First, because we offer multiple revenue streams (nannying, babysitting, corporate backup care and B2B childcare services) we can fulfill the needs of virtually any client, helping franchisees to expand their customer base. Second, because we specialize in convenience — our revolutionary app makes it easier than ever for parents to schedule time with a highly-qualified nanny or babysitter, even on short notice — we enjoy a competitive edge. Third, because our strong brand name is well-known and trusted in over 30 states, our franchisees benefit from elevated brand recognition. Finally, it’s much more affordable to open a CNST franchise than a daycare center with an expensive buildout. These are just a few of the reasons why CNST stands out.
Of course! Our scalable business model means it’s simple to expand your nanny business once you establish a strong customer base. In fact, some of our franchisees even opt to open multiple locations so they can serve nearby territories in addition to their first location. We work with our franchisees to set realistic goals for growth and provide them with resources to help achieve those goals. Whether you’re looking to operate a small family business or grow your holdings into an empire, CNST can provide you with tools and guidance to reach your goals.
We used to offer tutoring but ceased doing so as of the issuance date of the 2020 Franchise Disclosure Document. Some of our existing franchisees still offer tutoring services under the terms of their franchise agreements.