How Much Does it Cost to Franchise in the Children’s Activities Industry?
Child-related services represents a $48 billion a year industry that has seen steady growth at a rate of 1.5%. This multibillion dollar a year industry caters to the estimated 74 million children under the age of 18 in the United States. Children currently represent 23% of the population in the U.S. and that number is growing. By 2030 the number of children in the United States is estimated to hit 80 million. With a growing market and increasing demand for children’s activities outside of academics you may be wondering how much does it cost to franchise in the children’s activities industry?
ACTIVITIES CHILDREN AND PARENTS ARE LOOKING FOR
Public schools are experiencing budget cuts, and as a result, funding to programs such as art, music, and physical education are being cut and in some districts eliminated entirely . Concerned parents who recognize the value of these programs are turning to extracurricular activities to pick up where schools have left off. When looking into what types of children’s activity franchises to invest in, choosing an engaging and educational activity that children are lacking in their school curriculums are a strong and sought after choice.
START-UP COSTS
Minimum Cash Required:
Kidcreate Studio 75,000
School of Rock 100,000
Flour Power Kids Cooking Studio 100,000
Red Line Athletes Youth Training Centers 100,000
Initial Investment
Kidcreate Studio $97,900 – $218,250
School of Rock $169,350-$399,100
Flour Power Kids Cooking Studio $125,000 and $250,000
Red Line Athletes Youth Training Centers $218,275-$337,525
DUAL REVENUE STREAMS
Getting started with your brick and mortar studio with Kidcreate is far more cost effective than other studio models, but the benefits don’t end there. Unlike many other child entertainment franchises, Kidcreate also has a mobile On-The-Go studio. Our mobile On-The-Go studios allow us to take classes and events to the client giving us a second revenue stream and wider range of clientele to service. Having dual revenue streams makes investing in a children’s activities franchise with Kidcreate Studio even more profitable.
AN OPEN LANDSCAPE
Child-related services may represent a multibillion dollar a year industry but there are currently no companies in the industry that dominate market share. Couple the fact that Kidcreate Studios have no direct competitors with parents’ desire to engage their children in diverse and educational activities and it is easy to see there is huge potential for profits in this growing sector of the market.
With an open and growing market, increasing demand, and a concept that is both innovative and cost effective, it is easy to see that Kidcreate Studio provides an amazing opportunity to get started in the children’s party franchise industry at a much lower initial investment than other concepts on the market. If you are looking to engage your community, feel great about the work that you do, and create great profits while working with kids then fill out the form below to find out more information about franchise children’s activities with Kidcreate Studio.