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Rainbow Station Inc.

At a Glance

Products & Services: Preschool, afterschool recreation, care for mildly-ill children

Number of Locations: 9

Total Investment: $1.36M - 3.26M

Founded: 1988

Began Franchising: 1999

Private Owned

Franchise Units

Year U.S. Canadian International Company Owned
2011 5 0 0 4
2010 5 0 0 4
2009 5 0 0 4
Where Seeking Franchisees: Franchisor is seeking new franchise units in the following states:
Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Indiana, Kansas, Louisiana, Massachusetts, Missouri, Mississippi, Montana, Midwest, North Carolina, Northeast, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Pennsylvania, South, South Carolina, Southeast, Southwest, Tennessee, Texas, Virginia, Vermont, West, West Virginia, Wyoming.

Startup Costs, Ongoing Fees and Financing

Total Investment: $1,359,700 - $3,256,500
Franchise Fee: $80,000
Ongoing Royalty Fee: 6%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Net Worth: $750,000
Liquid Cash Available: $750,000
Operations
Number of employees needed to run franchised unit: 75. Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators).
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 franchisee's location: 1 week.
Ongoing Support: Newsletter, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations,
Marketing Support: Co-op advertising,