KIDCREATE STUDIO Franchising Information & Startup Cost
Do you know how to open a art studio for your child? Do you want to be a great influence in the lives of children and at the same time make money? Why not start a Kidcreate Studio franchise in your community? If running a Kidcreate Studio franchise sound right to you, then you can do it.
Here are full details of everything you need to know about Kidcreate Studio franchise;
ABOUT KID CREATE STUDIO FRANCHISE
Kidcreate Studio is a fast growing franchise founded in 2007 by Lara Olson after observing that her son named Jake with love for art was not getting up to one hour of art a week. She saw a need to provide children with an opportunity to learn art and become good at it.
Kidcreate Studio is an art studio just for kids from age 18 months to 12 years. The business became a franchise in 2016 and since then have been providing art classes, art-theme and camps birthday parties for kids.
As a franchisee, you help shape the lives of children through arts and also changing the status of your bank account too. Kidcreate Studio is a two businesses in one which include a brick and mortar retail studio with an On-the-Go partnerships and also gives franchisees access to four revenue streams which are from the sales of Kidcreate products, customers hiring you to help organize art-related parties or events, On-the-Go programs, classes and camps.
Kidcreate Studio franchise is one business with the highest net profit margins in the industry. Franchisees feel fulfilled as they are not just impacting the lives of children, but also have the flexibility and freedom to enjoy more time with their family as the business don’t take them away from their family.
Franchisees determine when they want the class to be open and when it should close according to what work best for them.
Kidcreate Studio franchise look for entrepreneurs that value arts, someone driven by profitability and with some sales or management background. Kidcreate Studio franchise has multiple outlets over United States.
HOW MUCH DOES KIDCREATE STUDIO FRANCHISE COST?
To start a Kidcreate Studio, you will need an investment ranging between $92,800 and $198,500.
KIDCREATE STUDIO FRANCHISE FEE
The franchise fee for Kidcreate Studio is $39,000. Veterans get a 10% franchise fee discount. The franchise fee allows franchisees have access to Kidcreate Studio curriculum and everything that has to do with running the business effectively and profitably.
Have it at the back of your mind that the franchise fee does not cover operational expenses, supplies and studio build-out.
KIDCREATE STUDIO FRANCHISE START-UP COST
One requirement for franchisees before they can be accepted to own their own Kidcreate Studio is that they must have a minimum liquid capital of $75,000 with a net worth of $200,000. Aside these, there is also a Royalty fee of 8%.
KIDCREATE STUDIO FRANCHISE TRAINING AND SUPPORTS
With Kidcreate Studio franchise, you are covered when it comes to training and supports. The training and support programs ranges from real estate, to curriculum development, to accounting, to marketing to operation.
The first training known as “Kidcreate Academy” is normally held at Kidcreate Studio headquarter in Minnesota. There is also an on-the-job training that franchisees have to go through for 10 days before graduating from it.
Kidcreate Studio team of experts will also assist you drive traffic to your beautiful studio using different marketing strategies like social media, print adverts, etc. With Kidcreate Studio, your community will sure know that there is a new studio for their kids to learn and have fun.
It is the job of Kidcreate Studio real estate construction team to help you find a good location for your studio that is affordable and wise for business.
The technology you will be using such as class tracking software, online registration, database management and others is taken care of by Kidcreate Studio team in a way that is easy for you to utilize.
There is also an annual meetings/conventions and periodic site visits to make sure franchisees are following the laid down rules and are also experiencing success.
If a franchisee is interested but do not have the required capital to start, Kidcreate Studio gives financial assistance through a third party financing house.
KIDCREATE STUDIO FRANCHISE TERMS OF AGREEMENT/RENEWAL
The information concerning Kidcreate Studio franchise terms of agreement and renewal is not stated in their website or can be found on the internet. To know about their terms of agreement and renewal, you will need to contact them or you will be told when you apply for the franchise.
HOW MUCH DOES KIDCREATE STUDIO FRANCHISE MAKE?
How much Kidcreate Studio franchise makes cannot be disclose outside of Kidcreate Studio FDD (Franchise Disclosure Document). Only those that apply for Kidcreate Studio franchise can be able to know this.
HOW TO START A KIDCREATE STUDIO FRANCHISE?
If you are interested in starting a Kidcreate Studio franchise, kindly visit their website www.franchise.kidcreatestudio.com and download the franchise form visible to you on the home page. They can also be contacted via 720-593-9421.