#303

Initial Investment

LOW: $248,980
HIGH: $373,480

Change in Units

+5.3% +6 UNITS (1 Year)
+10.6% +12 UNITS (3 Years)

Promoted Opportunities

Company Profile

Founded

1992

Franchising Since

1994 (22 Years)

Corporate Address

170 S. 1000 E. Salt Lake City, UT 84102

CEO

Brent Sloan

Parent Company

Kid to Kid Franchise System Inc.

About Kid to Kid

Shauna Sloan dragged her husband Brent into an upscale children’s resale store in 1992. As an attorney and shopping center executive, Brent was surprised by the second-hand store’s chic clientele. Convinced that no operator had fully maximized the potential of the resale concept, the Sloans set out to create a children’s resale format, traveling cross-country to visit stores and talk with customers, managers and owners.

Later that same year, the Sloans opened their first store in Sandy, Utah. They opened a second store within the year, with the first franchise location opening in 1994.

Financials

Financial Requirements

Initial Investment

$248,980 - $373,480

Net-worth Requirement

$200,000

Liquid Cash Requirement

$75,000

Ongoing Fees

Initial Franchise Fee

$25,000

Ongoing Royalty Fee

5%

Ad Royalty Fee

0.5%

Financing Options

Kid to Kid has relationships with third-party sources which offer financing to cover the following: 
franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Veteran Incentives


$5,000 off franchise fee

Franchise 500® Rank History

Highest Rank: 279

Lowest Rank: 450

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units worldwide.

Operations & Franchisor Support

Training Onsite: 3 days

Training at headquarters: 11 days

Additional Training: At existing location

Ongoing Support
Purchasing Co-ops
Newsletter
Meetings
Toll-Free Line
Grand Opening
Internet
Security
Field Operations

Marketing Support
Co-op Advertising
Ad Slicks
National Media

Number of employees required to run: 4

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: August 19th, 2015

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