CHIP - The Child I.D. Program

Children's ID & school safety program

Background

Founded: 2001 Franchising since: 2002
Address:
30961 Agoura Rd., #101
Westlake Village, California 91361
Phone:
(805)557-0577


Franchisor has 10 employee(s); 3 employee(s) in franchise department.

Franchise Units
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2007 152 0 0 1
2006 152 0 0 1

Where Seeking Franchisees
Nationwide

Exclusive territories available.

Costs and Fees

Total investment: $10,990 - $14,990
Franchise fee: $10,990 - $14,990
Term of agreement: 5 years, renewable


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

Qualifications
Net worth requirement: $0
Cash liquidity requirement: $0

Operations
  • Franchise can be run from home
  • 40% of all franchisees own more than one unit
  • Number of employees needed to run franchised unit: 1 - 2
  • Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators)

Training and Support

Training
  • Available at headquarters: 3 days

Ongoing Support
  • Newsletter
  • Meetings
  • Toll-free phone line
  • Internet
  • Security/safety procedures

Marketing Support
  • Ad slicks

Rankings

Franchise 500® rank:
#277 (2007); #289 (2006);

Low-Cost Franchises:
#71 (2007); #68 (2006);

Top New Ranking:
#15 (2007); #16 (2006);

Top Homebased Franchises:
#76 (2007); #71 (2006);

America's Top Global Franchises:
#189 (2007); #194 (2006);


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