The Growing Room Franchising System

At a Glance

Products & Services: Child development center

Number of Locations: 10

Total Investment: $490.7K - $2.2M

Founded: 1989

Began Franchising: 2004

Franchise Units

Year U.S. Canadian International Company Owned
2010 5 0 0 5
Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S.

Startup Costs, Ongoing Fees and Financing

Total Investment: $490,700 - $2,200,000
Franchise Fee: $40,000
Ongoing Royalty Fee: 7%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Net Worth: $400,000
Liquid Cash Available: $100,000
Operations
Number of employees needed to run franchised unit: 70. 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 company-owned locations : 1.5 weeks.
Ongoing Support: Newsletter, Grand opening, Field operations/evaluations, Lease Negotiation
Marketing Support: Ad slicks,