Children's Orchard
At a Glance
Products & Services: Children's products resale stores
Number of Locations:
Total Investment: $115.6K - 197K
Founded: 1980
Began Franchising: 1985
About Children's Orchard
Former flight attendant Karen Lynch opened the first Children's Orchard store in 1980. Each store buys and sells used children's clothes, toys and other items, selling them for 50 to 80 percent less than retail. The first Children's Orchard franchise opened in 1985, and it now has locations across the United States.Startup Costs, Ongoing Fees and Financing
Total Investment: $115,600 - $197,000
Franchise Fee: $25,000
Ongoing Royalty Fee: 5%
Term of Franchise Agreement: 10 years, renewable
Franchise Fee: $25,000
Ongoing Royalty Fee: 5%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Net Worth: $225,000
Liquid Cash Available: $40,000
Operations
15.6% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 3 - 6. Absentee ownership of franchise is NOT allowed. (98% of current franchisees are owner/operators).How This Franchise Supports Franchisees
Training: Available at headquarters: 12 days. At franchisee's location: 3 days.
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, Regional advertising,
Other marketing support: Monthly promotions
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