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This company is no longer franchising.

2022 Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$32K - $40K
Units as of 2012
6

Company Overview

DigiKids franchisees hold child safety events in schools, preschools, daycares and other public locations and offer digital child identification products. The company was founded in 2003 and began franchising in 2004. In 2011, DigiKids was acquired by Franchise Source Brands International, which also franchises The Entrepreneur's Source, AdviCoach, Business Partner Marketing Coach, Expense Reduction Coaching and Decor&You.

About DigiKids

Founded
2003
Leadership
Terry Powell, CEO

Franchising Overview

Franchising Since
2004 (18 years)
# of employees at HQ
35
Where seeking

This company is seeking new franchisees in the following US states:

# of Units
6 (as of 2012)

Franchisor Information

Corporate Address
900 Main St. S., Bldg. 2
Southbury, CT 06488

Information for Franchisees

Here’s what you need to know if you’re interested in opening a DigiKids franchise.

Financial Requirements & Ongoing Fees

Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee
$29,900
Initial Investment
$32,310 - $40,210
Net Worth Requirement
$75,000 - $100,000
Cash Requirement
$32,310
Veteran Incentives
15% off franchise fee
Royalty Fee
$125-525/mo.
Ad Royalty Fee
2%
Term of Agreement
10 years
Is franchise term renewable?
Yes
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Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

Third Party Financing
DigiKids has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

Classroom Training
3 days
Additional Training
Ongoing virtual training, mentor
Ongoing Support
Newsletter
Meetings & Conventions
Toll-Free Line
Online Support
Field Operations
Marketing Support
Ad Templates
National Media
Regional Advertising
Marketing Planning & Support

Operations

Additional details about running this franchise.

Can this franchise be run from home/mobile unit?
Yes
Can this franchise be run part time?
No
# of employees required to run
1
Are exclusive territories available?
Yes
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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021