If you are looking into how to open a Rainbow Station franchise you will need to know the minimum requirements needed to be considered as a candidate. This page has been designed to help you find the information you need about opening a Rainbow Station. You will find net worth information, terms of agreement, royalty fees, cash liquidity required and much more information. You will also find a little background on the company and what financing options are offered.

Rainbow Station is a childcare facility that offers a unique set of selling points. First of all they are an accredited program where the parents of young children can leave their children in a stimulating, learning environment. The teachers are degreed and trained to meet the needs of individual children. They also offer an accredited Afterschool Recreation Program for school-age children, ages 5 - 14. On top of this they have an infirmary called The Get Well Place where parents can leave their sick children when they go to work. This is also a place for chronically ill children to get the dedicated nursing they need through the day.

The Rainbow Station was begun by Gail Johnson in 1989. She was a registered Pediatric nurse and had taught at the Medical College of Virginia.http://www.franchisegator.com/Rainbow-Station-franchise/ Within the first five months, she had 100 children and by the end of 1990, her staff had grown from 12 to 32. By 1999 there were 6 Rainbow Station locations.http://www.franchisegator.com/Rainbow-Station-franchise/ Her success has been featured in articles by such as the New York Times, Time Magazine, Family Style, Enterprise Virginia, Entrepreneur Magazine, Nursing Matters, U.S. Japan Business News, Nations Bank Magazine, Richmond Times Dispatch, plus others.http://www.franchisegator.com/Rainbow-Station-franchise/

To be considered as a potential franchisee there are several requirements that must be meant. You must have a net worth of $350,000, and a cash liquidity of $400,000.http://www.franchisegator.com/Rainbow-Station-franchise/ The total investment usually required to get a Rainbow Station going is between $5,000,000 and $7,000,000.http://www.franchisegator.com/Rainbow-Station-franchise/ Currently the company is not accepting franchise applications from MD, NY, WA, HI, WI, IL or from outside the U.S.http://www.franchisegator.com/Rainbow-Station-franchise/ The company agreement is for 10 years, this is renewable with a $5K fee.http://www.thefranchisemall.com/franchises/details/10969-0-Rainbow_Station.htm They have a 6% royalty.http://www.thefranchisemall.com/franchises/details/10969-0-Rainbow_Station.htm

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 Rainbow Station franchise. Although Rainbow Station does not provide financing themselves, they do have an arrangement with third parties to provide financing and equipment leasing for their franchisees.http://www.franchisegator.com/Rainbow-Station-franchise/ 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.