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  Home  >>  Child-Related  >>  Child-Related - General
Digikids



Digikids
Hottest New Franchise



Submit an online form to receive information from Digikids. You may receive some or all of the following:
Business Description

More than 2,000 children are reported lost or missing each day in the United States. DIGIKIDS� offers a unique, high-tech solution to aid in the recovery of those children. With a DIGIKIDS� franchise, you'll enjoy great earning potential and very low overhead, while providing a much-needed and highly respected service for your community.

Franchisor Background

Year Established:  2003

Franchising Since:  2004

Operating Units:

Franchised Units:

22

100%
Company-Owned Units:00%
 
Total Operating Units:
22
100.0%
 
Geographic Distribution:
U.S.:22100%In 13 States
Canada:00%In 0 Canadian Provinces
International:00%In 0 Foreign Countries
 
Total:
22
100.0%
 
 
North America:
States/Provinces with the largest number of operating units:
DensityUnits
1. Texas0
2. Florida0
3. North Carolina0

Registered in Following Registration States: Florida, Michigan, Wisconsin

Financial Requirements

Investment:
Minimum Net Worth: $100K
Cash Investment:$28.5K
Total Investment:$28.5K
Average Total Investment:$28K
 
Fees:
Initial Franchise Fee:$28.5K
Average Franchise Fee:$28K
On-Going Royalty:2%
Average Royalty:2%
Advertising Fee:2%
 
Average Number of Employees: 1 Full-time, 1 Part-time

Space Needs (in square footage):

Preferred Sites: Home-based

Other Sites:

Encourage Conversions? Yes

Earnings Claims Provided?: Yes

Franchisee Qualifications
 
Ranked from 1 (unimportant) to 5 (important):
Financial Net Worth:2
General Business Experience:1
Specific Industry Experience:1
Formal Education:2
Psychological Profile:3
Personal Interview(s):5
 
Terms of Contract
 
Term of Initial Contract:10 Year(s)
Term of Renewal Period:10 Year(s)
Passive Ownership:Allowed
Area Development Agreements?Yes, for 5 Year(s)
Sub-Franchising Contracts?No
Franchisees Allowed to Expand Within Territory?Yes
 
Support and Training
 
International Franchise Association:No
Canadian Franchise Association:No
Franchisee Association/Member:No
Size of Corporate Staff: 5
Site Selection Assistance?Not Applicable
Lease Negotiation Assistance?Not Applicable
Financial Assistance?Yes, Direct
 
Marketing Support:
Co-Op Advertising:No
National Advertising:No
Regional Advertising:No
Local Advertising:No
Marketing Materials:None Specified
Additional Services:None Specified
Other Marketing Support:None Specified
 
On-Going Support:
Central Data Processing:Not Applicable
Central Purchasing:Not Applicable
Field Operation Evaluation:Included in Fees
Field Training:Included in Fees
Initial Store Opening:Included in Fees
Inventory Control:Included in Fees
Franchisee Newsletter:Included in Fees
Regional or National Meetings:Included in Fees
800 Telephone Hotline:Included in Fees
 
Training:
1. Corporate Headquarters2 Days
2. On-SiteAs Agreed
 
Expansion Plans
 
Projected New Units Over Next 12 months: 15

U.S.:

Yes, All United States
Canada:No
Overseas:Yes, All Countries
Submit an online form to receive information from Digikids. You may receive some or all of the following: