DigiKids
At a Glance
Products & Services: Children's identification program
Number of Locations: 6
Total Investment: $32.31K - 40.21K
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 |
| 2009 | 28 | 0 | 0 | 0 |
Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S.
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
Franchise Fee: $29,900
Ongoing Royalty Fee: $125-525/mo.
Term of Franchise Agreement: 10 years, renewable
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).| Financing Type | In-House | Third Party |
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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
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