Franchise 500 2023
2023 Franchise 500 Rank
N/RNot ranked last year
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Initial investment
$290K - $516K
Units as of 2023
21 Increase 5.0% over 3 years

Operating under the children's business industry, KidsPark was founded in 1988 by Debbie Milner. KidsPark has since offered numerous unique childcare solutions with a fun and safe play space, accessible without reservations to give customers options to drop in any time of the week.

KidsPark operates as an hourly preschool program, drop-in childcare center, and private parties for children ages 2 to 12 years. It has also constructed and operated numerous licensed hourly day-care centers since beginning to franchise in 2003.

Since then, KidsPark has opened more than 20 childcare centers across multiple states.

Why You May Want to Start a KidsPark Franchise

KidsPark is looking for business-minded franchisees interested in serving their community. An ideal candidate does not need previous childcare-related experience, as KidsPark provides documents on owning and running the business. A potential franchisee should look forward to being a face of KidsPark. They should also be ambitious, have good marketing skills, and be detail-oriented.

Opening a KidsPark franchise may offer a more predictable outcome than investing in a completely new brand that could struggle to thrive in an already crowded and competitive industry.

What Might Make a KidsPark Franchise a Good Choice?

KidsPark offers a play space with children's entertainment and learning activities. They utilize a combination of teacher-organized and children-created activities provided to groups and individual children. KidsPark strives to create an environment where children learn valuable skills such as cooperation, listening and communication, socialization, and motor development. There are also more advanced activities, including cooking, sensory exploration, and arts and crafts. As a franchisee, you should expect to run the daily operations of the KidsPark.

KidsPark团队的一员,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 liquid capital requirements.

A typical franchise agreement runs for ten years. Franchisees may be allowed to renew their contract if they meet the KidsPark requirements.

How To Open a KidsPark Franchise

As you decide if opening a KidsPark 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 KidsPark franchise would do well in your community. While competition is healthy, too much of it may not allow for the most possible growth.

After completing the initial stages of being a KidsPark franchisee, you may develop a reputation for quality. Ideally, you will be able to adopt KidsPark’s proven way of running the business and its innovative programs.

KidsPark may also allow third-party financing, which may help cover the costs of the franchise fee, startup, inventory, equipment, accounts receivable, and payroll. It is also possible that the franchise may help you choose a preferred location, design your KidsPark franchise, and assist in hiring new staff. They will also offer you classroom and on-the-job training.

Before making any financial commitment or signing an agreement, you must perform your due diligence and establish if this is the right opportunity for you. As part of your due diligence, you may want to speak to existing franchisees and ask the KidsPark franchising team questions.

Find Your Perfect Franchise

Company Overview

About KidsPark

Industry Children's Businesses
Related Categories Childcare,Children's Education/Enrichment
Founded 1988
Leadership Thomas Keefe, Executive Director
Corporate Address 812 S. Winchester Blvd., #150
San Jose, CA 95128
Social Facebook,LinkedIn,Instagram,YouTube,Pinterest

Business Overview

Franchising Since 2003(20 years)
# of employees at HQ 16
Where seeking

This company is offering new franchisees worldwide.

This company is offering new franchisees in the following US states: Arizona, California, Florida, Kansas, Nebraska, Pennsylvania, Tennessee, Texas, Washington

# of Units 21(as of 2023)

Information for Franchisees

Here's what you need to know if you're interested in opening a KidsPark 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 Information Circle
$30,000
Initial Investment Information Circle
$290,000 - $516,000
Net Worth Requirement Information Circle
$200,000
Cash Requirement Information Circle
$50,000 - $75,000
Veteran Incentives Information Circle
$3,000 off franchise fee
Royalty Fee Information Circle
5%
Ad Royalty Fee Information Circle
$250/mo.
Term of Agreement Information Circle
10 years
Is franchise term renewable? Yes
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Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

Third Party Financing KidsPark has relationships with third-party sources which offer financing to cover the following: franchise fee, 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 140 hours
Classroom Training 40 hours
Ongoing Support
Purchasing Co-ops
Meetings & Conventions
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
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App

Operations

Additional details about running this franchise.

Is absentee ownership allowed? No
Can this franchise be run from home/mobile unit? Information Circle
No
Can this franchise be run part time? Information Circle
No
#运行所需的员工 8-12
Are exclusive territories available? Information Circle
Yes
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Disclaimer
此页面上的信息并不打算作为一个endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022