Discovery Point Franchising Inc.

At a Glance

Products & Services: Child care

Number of Locations: 54

Total Investment: $2.7M - $3.3M

Founded: 1988

Began Franchising: 1990

About Discovery Point Franchising Inc.

Cliff and Diane Clark opened the first Discovery Point child development center in 1988, combining his experience as a small business owner and real estate developer and hers as a teacher. In addition to childcare, the centers offer learning and enrichment programs.

Franchise Units

Year U.S. Canadian International Company Owned
2014 51 0 0 3
2012 53 0 0 3
2011 54 0 0 4
2010 58 0 0 0
Where Seeking Franchisees: Franchisor is seeking new franchise units in the following states:
Midwest, South, Southeast, Southwest.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $2,671,585 - $3,344,935
Franchise Fee: $60,000
Ongoing Royalty Fee: $5.4K/mo.
Term of Franchise Agreement: 20 years, renewable
Financial Requirements
Net Worth: $500,000
Liquid Cash Available: $350,000
Operations
2% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 35. 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: 2 weeks. At existing center : 2 weeks.
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives, Lease Negotiation
Marketing Support: Co-op advertising, Ad slicks, National media, Regional advertising,

Franchise Ranking History

Franchise 500®: #476 (2013), #498 (2012), #290 (2011),

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