Park Place Children's Center

At a Glance

Products & Services: Educational childcare center

Number of Locations: 1

Total Investment: $2.8M - $4.5M

Founded: 2008

Began Franchising: 2011

Franchise Units

Year U.S. Canadian International Company Owned
2012 0 0 0 1
2011 0 0 0 1
Where Seeking Franchisees: Franchisor is seeking new franchise units in the following states:
South Carolina.

Startup Costs, Ongoing Fees and Financing

Total Investment: $2,783,000 - $4,537,500
Franchise Fee: $120,000
Ongoing Royalty Fee: 6-7%
Term of Franchise Agreement: 15 years, renewable
Financial Requirements
Net Worth: $650,000
Liquid Cash Available: $420,000 - $680,000
Number of employees needed to run franchised unit: 50. Absentee ownership of franchise is allowed..

How This Franchise Supports Franchisees

Training: Available at headquarters: 2 weeks. At franchisee's location: 1 week.
Ongoing Support: Newsletter, Meetings, Grand opening, Security/safety procedures, Field operations/evaluations
Marketing Support: Co-op advertising, Ad slicks, Regional advertising,