DigiKids

At a Glance

Products & Services: Children's identification program

Number of Locations: 6

Total Investment: $32.3K - $40.2K

Founded: 2003

Began Franchising: 2004

About DigiKids

DigiKids franchisees hold child safety events in schools, preschools, daycares and other public locations and offer digital child identification products. The company was founded in 2003 and began franchising in 2004. In 2011, DigiKids was acquired by Franchise Source Brands International, which also franchises The Entrepreneur's Source, AdviCoach, Business Partner Marketing Coach, Expense Reduction Coaching and Decor&You.

Franchise Units

Year U.S. Canadian International Company Owned
2012 6 0 0 0
2011 10 0 0 0
2010 13 0 0 0
Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $32,310 - $40,210
Franchise Fee: $29,900
Ongoing Royalty Fee: $125-525/mo.
Term of Franchise Agreement: 10 years, renewable
Veteran Incentives: 15% off franchise fee
Financial Requirements
Net Worth: $75,000 - $100,000
Liquid Cash Available: $32,310
Operations
Franchise can be run from home. Number of employees needed to run franchised unit: 1. Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators).
Direct Capital
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters: 3 days. Ongoing virtual training, mentor
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations
Marketing Support: Ad slicks, National media, Regional advertising,
Other marketing support: PR

Franchise Ranking History

Franchise 500®: #376 (2010),
Low-Cost: #96 (2010),

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