Are you looking into getting started in a kids franchise business. Perhaps you are looking into how to open a Kiddie Academy franchise. This page is designed to help you find the information you are looking for such as net worth, liquid capital required, and what your total investment might be. You will also learn about financing options, royalty fees and terms of agreement.

Kiddie Academy is dedicated to providing education based child care. They base their growth on several premises such as the childcare industry generates $60 billion in annual revenue, 65% of mothers with children under six are in the work force, and there is an increasing number of single parent and two income households in the U.S. today.http://www.kiddieacademy.com/franchisewithus/whychildcare.aspx Kiddie Academy retains several cooperate owned units were they can try out new ideas to prove them before passing them on to the franchise owners. The Kiddie Academy curriculum is proprietary and developed by in-house educators. They have both an in-house real estate team and construction team to help the franchisee get the best location and building for their needs.

The first Kiddie Academy was opened in 1981 in Baltimore, MA.http://www.kiddieacademy.com/aboutus/about_child-day-care-providers-education.aspx A co-founder, Pauline Miller, helped to develop the proprietary Kiddie Academy Curriculum and get it launched. By 1983 a second Kiddie Academy was opened and the company moved into their first cooperate headquarters. By 1989 seven Kiddie Academies existed and in 1991 the company gained permission to start franchising, the first franchise agreement was sealed in 1993.http://www.kiddieacademy.com/aboutus/about_child-day-care-providers-education.aspx 2009 saw the company celebrating its 100 franchise being opened.

When looking into purchasing a Kiddie Academy franchise there are certain requirements that must be met before a person or a group of people may be considered as candidates. You must be able to show a net worth of $500,000 or more, and have a cash liquidity of $150,000, and be able to have the $60,000 initial investment fee.http://www.franchisegator.com/Kiddie-Academy-franchise/ You will need to invest between $345,100 and $627,000 to get the franchise going. You must commit to a 10 year agreement and this may be renewed in 5 year increments with a $1000 renewal fee.http://www.thefranchisemall.com/franchises/details/10104-0-Kiddie_Academy.htm The royalty fee is 7.5%.http://www.thefranchisemall.com/franchises/details/10104-0-Kiddie_Academy.htm They offer a comprehensive program of in-house training, along with real estate help and construction plans for the fees above. Absentee ownership is not allowed, and 100% of current franchisees are owner/operators.http://www.thefranchisemall.com/franchises/details/10104-0-Kiddie_Academy.htm A bonus is people and management skills when you are looking into a child oriented franchise as well.

Most people do not have the large amount of money in the bank that is needed to get into a franchise business. Most likely you'll need some help getting started with your Kiddie Academy franchise. Although Kiddie Academy does not provide financing themselves, they do have an arrangement with third parties to provide financing and equipment leasing for their franchisees.http://www.kiddieacademy.com/franchisewithus/whychildcare.aspx You may also qualify for assistance through the U.S. government SBA (small business association) loan program.http://www.sba.gov/financialassistance/borrowers/index.html14

The content in this page is not a substitute for professional financial advice. Please contact your financial adviser before using the information presented here.