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Children's Orchard

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Children's Orchard
900 Victors Way, # 200
Ann Arbor, MI 48108
800#: (800) 999-5437 + 222
Tel: (734) 994-9199 + 222
Fax: (734) 994-9323
E-Mail: [email protected]
Web Site: www.childorch.com
Contact: Mr. Taylor Bond, President


Upscale children's retail/resale stores, featuring clothing, toys, furniture, equipment, books and parenting products. We buy top-brand items from area families by appointment, and re-sell in boutique-style stores, along with top-quality new children's items from nearly 200 suppliers. These are large volume stores selling thousands of items per week.




Franchisor Background


Established: 1980
First Franchise: 1985
Franchise Units: 85
Company-Owned Units: 1
Total Units: 86

Distribution:
U.S. -- 86; Canada -- 0; International -- 0
-North America -- Operations in 22 States
-States/Provinces with Greatest Density: 18 in CA, 14 in MA, 6 in MI

Projected New Units Over Next 12 months: 15
Franchisee Qualifications: 5, 3, 2, 4, 2, 5
(Click here for an explanation)

Registered in Following Registration States: All Except HI,ND,RI,SD (Click here for an explanation)
Average Number of Employees: 1 FT, 3 PT (FT = Full Time, PT = Part Time)
Space Needs: 1,200-2,000 SF; SF, SC (Click here for abbreviations)
Encourage Conversion: Yes


Financial Requirements

Cash Investment: $30-50K
Total Investment: $72.5-158K
Average Total Investment: $150.0K
Minimum Net Worth: $200K

Fees:
-Franchise: $22.5K
-Average Franchise Fee: $22.5K
-Royalty: 5%
-Average Royalty: 5.0%
-Advertising: 1%

Provide Earning Claim Statement: No


Terms of Contract

Term of Contract (Years): 10
Passive Ownership: Discouraged
Area Development Agreements: Yes/Open
Sub-Franchising Contracts: No
Expand In Territory: No


Franchisor Support and Training Provided

Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Financial Assistance: Yes(I)
Cooperative Advertising: Yes
International Franchise Association: IFA MEMBER
Canadian Franchise Association:
Franchisee Association / Member: Yes/Yes
Size Of Corporate Staff: 15
On-Going Support: B,C,D,E,F,G,H,I (Click here for an explanation)
Training: 12 Days Training in Ann Arbor, MI.


Franchisor's Specific Expansion Plans

U.S.: All US Except HI, AK
Canada: No
Overseas: No

Note: NR = No Response by Franchisor.
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