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Entrepreneur: Start & Grow Your Business

Adventure Kids Playcare

Child care & entertainment center

Background

Founded: 2004 Franchising since: 2006
1079 W. Round Grove Rd., #300-307
Lewisville, Texas 75067
Phone:
(214)277-9948


Franchisor is a privately-held company with 3 employee(s); 3 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2009 7 0 0 1
2008 -- -- -- --
2007 4 0 0 1
2006 1 0 0 2
2005 0 0 0 2

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Missouri, Mississippi, Montana, Nebraska, North carolina, New hampshire, New jersey, New mexico, Nevada, Ohio, Oklahoma, Pennsylvania, South carolina, Tennessee, Texas, Utah, Vermont, Wisconsin, West virginia, Wyoming

Exclusive territories available.
Territory size: 10,000 children

Costs and Fees

Total investment: $228.5K-352.8K
Franchise fee: $25K
Ongoing royalty fee: 5%
Term of agreement: 10 years, renewable


Type of Financing Available
In-House Third Party
Franchise Fee No Yes
Startup Costs No Yes
Equipment No Yes
Inventory No Yes
Accounts Receivable No Yes
Payroll No Yes

Qualifications
Net worth requirement: $350K
Cash liquidity requirement: $100K
Business Experience:
  • Marketing skills

Operations
  • 20% of all franchisees own more than one unit
  • Number of employees needed to run franchised unit: 15 - 20
  • Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

Training and Support

Training
  • Available at headquarters: 10 days
  • At franchisee's location: 5 days

Ongoing Support
  • Newsletter
  • Toll-free phone line
  • Grand opening
  • Internet
  • Security/safety procedures
  • Field operations/evaluations
  • Purchasing cooperatives

Marketing Support
  • Ad slicks
  • Regional advertising