Children's Orchard
Children's clothing and toys resale stores- 2023 Franchise 500 Rank
-
N/RNot ranked last year
- Initial investment
-
$213K - $327K
- Units as of 2021
-
23 11% over 3 years
Here’s what you need to know if you’re interested in opening a Children's Orchard franchise.
Children's Orchard is a children's clothing and accessory retail resale store chain that was founded in 1980. Its parent company is New to You (NTY) Franchise Co. LLC. NTY also owns the Clothes Mentor brand, an eco-friendly and upscale resale brand that appeals to an adult population.
Since the brand began franchising in 1985, more than 20 Children's Orchards franchises have been opened around the United States.
Children’s Orchard accepts lightly used, freshly laundered wares and resells them around 70% lower than the item's original retail price. Assuming the store accepts the items, customers who bring them in are given cash or store credit.
为什么你可以To Start a Children's Orchard Franchise
The ideal Children’s Orchard franchisee is someone who enjoys dealing with people and multitasking. Children’s Orchard may also appeal to franchisees who appreciate slow fashion and environmentally-friendly resale practices.
Franchisees do not necessarily need any previous experience in the retail field to open a Children's Orchard franchise. Children's Orchard typically provides new franchisees with over one dozen hours of on-the-job training, several dozen hours of classroom training, extended ongoing support, and vast marketing support.
In addition to pre-opening training, franchisees may receive support through brand awareness, marketing, research, and construction. Franchisees with Children's Orchard may also receive hands-on training and continued support after their franchise location has opened.
What Might Make a Children's Orchard Franchise a Good Choice?
A possible advantage a Children's Orchard franchise may have over the competition is its upscale resale store nature. It says it is neither thrift nor consignment. Instead, Children’s Orchard simply says it sells lightly-worn, ready-to-wear clothes at an affordable price. Each franchise also may offer a safe area for children to play while parents and guardians shop.
Opening a Children's Orchard franchise could offer a more predictable outcome than investing in a completely new brand that may struggle to thrive in an already crowded and competitive industry.
To be part of the Children's Orchard franchise 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 net worth and liquid capital requirements.
How To Open a Children's Orchard Franchise
As you decide if opening a Children's Orchard franchise is the right move for you, make sure you take time to explore the opportunity. Research the brand and your local area to see if a Children's Orchard franchise would do well in your community. While competition is healthy, too much of it may not allow for the most possible growth.
Should you be accepted into the Children’s Orchard franchise family, you can expect to undergo training while your store is being set up. To run a Children's Orchard franchise, you'll need to hire several employees. You can usually run your franchise as an absentee owner, but you'll want to ask other absentee franchisees what challenges they may have faced while doing so.
Company Overview
About Children's Orchard
- Industry
- Children's Businesses
- Related Categories
- Children's Retail,Miscellaneous Children's Businesses,Apparel & Accessories
- Founded
- 1980
- Parent Company
- NTY Franchise Co. LLC
- Leadership
- Ronald Olson, President
- Corporate Address
-
13801 Industrial Park Blvd.
Plymouth, MN 55441
Business Overview
- Franchising Since
- 1985(38 years)
- # of employees at HQ
- 16
- Where seeking
-
This company is offering new franchisees in the following US states: Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, District of Columbia, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, North Carolina, North Dakota, Nebraska, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Wisconsin, West Virginia, Wyoming
- # of Units
- 23(as of 2021)
Information for Franchisees
Here’s what you need to know if you’re interested in opening a Children's Orchard 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
- $25,000
- Initial Investment
- $212,500 - $326,500
- Net Worth Requirement
- $400,000
- Cash Requirement
- $90,000
- Veteran Incentives
- $2,500 off franchise fee
- Royalty Fee
- 4%
- Ad Royalty Fee
- $2K/yr.
- Term of Agreement
- 10 years
- Is franchise term renewable?
- Yes
Financing Options
franchisees.
- Third Party Financing
- Children's Orchard has relationships with third-party sources which offer financing to cover the following: startup costs, equipment, inventory
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
- 20.5 hours
- Classroom Training
- 49.5 hours
- Ongoing Support
-
Purchasing Co-opsNewsletterMeetings & ConventionsToll-Free LineGrand OpeningOnline SupportSecurity & Safety ProceduresLease NegotiationField OperationsSite SelectionProprietary SoftwareFranchisee Intranet Platform
- Marketing Support
-
Co-op AdvertisingAd TemplatesNational Media区域广告Social MediaSEOWebsite DevelopmentEmail MarketingLoyalty Program/App
Operations
Additional details about running this franchise.
- Is absentee ownership allowed?
- Yes
- Can this franchise be run from home/mobile unit?
- No
- Can this franchise be run part time?
- No
- # of employees required to run
- 6
- Are exclusive territories available?
- Yes
Interested in ownership opportunities like Children's Orchard? Request a free consultation with a Franchise Advisor now.
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