#279
At a Glance
Products & Services: New & used kids'/maternity clothing & products
Number of Locations: 85
Total Investment: $196.03K - 272.72K
Founded: 1992
Began Franchising: 1994
Private Owned
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.
Franchise Units
| Year | U.S. | Canadian | International | Company Owned |
| 2011 | 72 | 0 | 12 | 1 |
| 2010 | 68 | 0 | 10 | 1 |
| 2009 | 67 | 0 | 10 | 1 |
| 2008 | 56 | 0 | 8 | 2 |
Where Seeking Franchisees: Franchisor is seeking new franchise units in the U.S.,Australia/New Zealand, Canada, Central America, Eastern Europe, Mexico, Western Europe.
Startup Costs, Ongoing Fees and Financing
Total Investment: $196,028 - $272,718
Franchise Fee: $25,000
Ongoing Royalty Fee: 5%
Term of Franchise Agreement: 10 years, renewable
Franchise Fee: $25,000
Ongoing Royalty Fee: 5%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Net Worth: $180,000
Liquid Cash Available: $63,000
Operations
31% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 4. Absentee ownership of franchise is NOT allowed. (90% 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: 11 days. At franchisee's location: 3 days. At existing location : 5 days.
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives,
Marketing Support: Co-op advertising, Ad slicks, Regional advertising,
Other marketing support: Customized marketing materials