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2021 Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$334K - $763K
Units as of 2019
7 250.0% over 3 years

Company Overview

About Giggles Drop-In Childcare

Related Categories
Childcare
Founded
2008
Parent Company
Giggles Franchise Inc.
Leadership
Zach Richards, CEO

Franchising Overview

Franchising Since
2013 (8 years)
# of employees at HQ
4
Where seeking

This company is seeking new franchisees throughout the US.

This company is seeking new franchisees in the following international regions: Canada

# of Units
7 (as of 2019)

Franchisor Information

Corporate Address
1844 Sir Tyler Dr.
Wilmington, NC 28405

Information for Franchisees

Here’s what you need to know if you’re interested in opening a Giggles Drop-In Childcare 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
$35,000
Initial Investment
$334,000 - $762,600
Net Worth Requirement
$250,000
Cash Requirement
$50,000 - $75,000
Veteran Incentives
10% off franchise fee
Royalty Fee
7%
Ad Royalty Fee
2%
Term of Agreement
5 to 25 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
Giggles Drop-In Childcare offers in-house financing to cover the following: franchise fee
Third Party Financing
Giggles Drop-In Childcare has relationships with third-party sources which offer financing to cover the following: 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
50 hours
Classroom Training
77 hours
Ongoing Support
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
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
Regional Advertising
Social Media
SEO
Website Development
Email Marketing

Operations

Additional details about running this franchise.

Is absentee ownership allowed?
No
Can this franchise be run from home/mobile unit?
No
Can this franchise be run part time?
No
Are exclusive territories available?
No

Franchise 500 Ranking History

Compare where Giggles Drop-In Childcare landed on this year’s Franchise 500 Ranking versus previous years.

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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