Start a LOL Kids Club Franchise in 2024

Franchise 500 Rank: N/R Not ranked last year

Initial investment: $850K - $1.2M

Units as of 2021: 3 50.0% over 3 years

Created in 2014 by Leanne LY, LOL Kids Club is a high-end indoor playground, family entertainment, and event center where visitors may enjoy unlimited fun in a safe and clean environment. The facility is complete with playground equipment such as slides, LOL ball pits, nerf-ball battle arenas, trampolines, ninja crawls, obstacle courses, swings, and plenty of interactive games.

LOL Kids Club specializes in offering services such as sports meets, family bonding, the ability to create lasting memories, spaces for fundraisers and charities, a place for business functions, and the promotion of childhood development and sensory skills. The venue also may be perfect for school field trips.

LOL Kids Club began franchising in 2021 and is actively seeking to expand its reach.

Why You May Want to Start a LOL Kids Club Franchise

LOL Kids Club may be suitable for anyone passionate about excellence and interested in providing communities with clean, safe, and fun places for their children to develop and thrive. Franchisees should have a good work ethic, continued determination, and a keen eye for details.

LOL Kids Club’s main distinct pillars are cleanliness, safety, and fun. It believes it already has a good reputation, which is essential for any business to thrive. Opting to be a LOL Kids Club franchisee could be considerably better than starting a new brand that may struggle to grow in this competitive and crowded industry.

What Might Make a LOL Kids Club Franchise a Good Choice?

LOL Kids Club believes it is more than an avenue for you and your kids to have fun. Instead, it is a place where you can enjoy a safe and clean environment, which is important in facilitating the nourishment of everyone involved. The pillars that LOL Kids CLub is built on may show that it genuinely cares about the well-being and growth of the community.

LOL Kids Club believes that its initial concept of advocating for a safe and clean community has proven to be the perfect model.

To be part of the LOL Kids Club team, you should make sure you’re financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for ongoing fees that will include advertising, royalty, and potential renewal fees. Franchisees will also need to meet the company’s set liquid capital requirements.

How to Open a LOL Kids Club Franchise

Personal research about the prospect of opening a LOL Kids Club is essential. Analyze your community to see if the business will do well in your area. Before making any financial commitment or signing an agreement, you must perform your due diligence and establish if this is the right opportunity for you. As part of your due diligence, you may want to speak to existing franchisees and ask the LOL Kids Club franchising team questions.

If awarded a franchise, franchisees receive a great deal of support from the LOL Kids Club brand throughout the franchising process. In addition to pre-opening training, franchisees receive support through brand awareness, marketing, research, and construction. They also receive hands-on training and continued support after their franchise location has opened.

Company Overview

About LOL Kids Club

Industry	Children's Businesses
Related Categories	Adventure Parks/Entertainment Centers, Children's/Family Entertainment, Miscellaneous Children's Businesses, Miscellaneous Quick-Service Restaurants
Founded	2014
Parent Company	LOL Kids Club LLC
Leadership	Leanne Ly, Founder/CEO
Corporate Address	3655 W. Quail Ave., #D Las Vegas, NV 89118
Social	Facebook, YouTube

Business Overview

Franchising Since	2021 (3 years)
# of employees at HQ	18
Where seeking	This company is offering new franchises throughout the US. This company is offering new franchises worldwide.
# of Units	3 (as of 2021)

Information for Franchisees

Here's what you need to know if you're interested in opening a LOL Kids Club 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 Definition: The initial fee paid to a franchisor to join their system What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor. This fee is usually due at the signing of the franchise agreement and covers the right to use the franchisor's trademarks, name, and related business systems.	$35,000
Initial Investment Definition: The total amount necessary to begin operation of the franchise What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital. This is outlined in a chart in Item 7 of the FDD, showing a range of possible costs from low to high.	$850,000 - $1,200,000
Cash Requirement Definition: The minimum liquid capital you must have available in order to qualify to become a franchisee of this company.	$100,000
Veteran Incentives Definition: A discount or other incentive offered to military veterans who buy a franchise with this company.	25% off franchise fee
Royalty Fee Definition: A ongoing fee paid to the franchisor on a regular basis. What you need to know: Most franchisors require franchisees to pay an ongoing royalty fee, which is detailed in Item 6 of the FDD. This fee is typically a percentage of weekly or monthly gross sales, but may also be a flat weekly, monthly, or annual fee.	5%
Ad Royalty Fee Definition: An going fee paid to the franchisor on a regular basis to support advertising or marketing efforts. What you need to know: This may also be called advertising fee, marketing fee, brand fund fee, and more, but the basic purpose is the same-- to support promotion of the brand systemwide. As with the royalty fee, it is detailed in Item 6 of the FDD, and can be a percentage of weekly or monthly gross sales or a weekly, monthly, or annual fee.	2%
Term of Agreement Definition: The length of time your franchise agreement will last. What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease. Once your term is up, you may have the option to renew your agreement, typically for a smaller fee than the original franchise fee.	5 years
Is franchise term renewable?	Yes

Financing Options

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

In-House Financing	LOL Kids Club offers in-house financing to cover the following: startup costs, equipment, inventory
Third Party Financing	LOL Kids Club has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Training & Support Offered

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

On-The-Job Training	40 hours
Classroom Training	20 hours
Ongoing Support	Purchasing Co-ops Newsletter Meetings & Conventions Grand Opening Online Support Security & Safety Procedures Lease Negotiation Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Marketing Support	Co-op Advertising Ad Templates National Media Regional Advertising Social Media SEO Website Development Email Marketing Loyalty Program/App

Operations

Additional details about running this franchise.

Is absentee ownership allowed?	Yes
Can this franchise be run from home/mobile unit? Definition: The business can be run from your home and/or a vehicle, and it is not necessary to have a retail facility, office space, or warehouse.	No
Can this franchise be run part time? Definition: This business can be run by the owner on a part-time basis (less than 40 hours per week) and/or as a side business; it is not necessary for the business to be open/run full-time.	No
# of employees required to run	7-10
Are exclusive territories available? Definition: An exclusive territory is a fixed area in which you are given the right to operate and in which no other units of the same franchise may be opened. What you need to know: Territory size may be based on factors such as radius, population size, zip codes, and more. Details can be found in Item 12 of the FDD.	Yes