Making Up for Lost Time: Why Kids’ Birthday Parties Are Big Business in 2021
Did you know that some parents spend as much as $50,000 on children’s birthday parties? Sure, that’s not the norm, but it’s undeniable that the potential for kids’ birthday party business opportunities is huge!
The COVID-19 pandemic, however, threw a spanner in the works when it prevented any sort of social gatherings and implemented various social distancing measures. As a result, it made many parents put their birthday party plans on hold for 2020.
But you know what that means, right? It’s simple, parents will want to celebrate in a big, fun way in 2021 to make up for the opportunities lost during the last year.
And here, Kidcreate gives them the perfect place to do this. They’ll be able to plan the perfect birthday party that is still COVID-19 friendly by hosting only small groups, implementing social distancing and masks while sanitizing all workspaces. In this way, their kids can have an educational, creative, and fun experience on their birthday that they won’t easily forget.
So, isn’t it time that you got in on the action? Between the birthday party business opportunities we offer and the invaluable service we provide to kids in the communities we serve, franchising with Kidcreate is a great move for entrepreneurs in 2021! With that in mind, let’s look at what a Kidcreate Studio is and what makes us different from other kids’ businesses in your area.
A Look at the Statistics
Before looking at this, let’s look at the stats on kids’ birthday party business opportunities. For one thing, Americans are working longer hours than ever before. With long work hours come busy calendars and parents that don’t necessarily have the time to plan birthday parties.
As a result, they turn to child entertainment franchises to help them create memorable birthdays and events for their children. Now think about this, depending on the state, the percentage of the population under 18 varies from 18% to 29%.
On average, though, about 23% of Americans are under 18. Considering that the US population is currently about 330 million people, there are about 75 million children in the US. This figure is expected to grow to 80 million by 2030.
In simple terms, that’s a lot of birthday parties every year. In other words, the potential for birthday party business opportunities is enormous. In fact, the average parent will spend about $500 on their child’s first birthday party.
Possibly, this number will even increase for birthday parties after that. Likewise, the child-related services industry is a $48 billion a year industry that has been growing steadily at a rate of 1.5%. Despite this, there are no companies that currently dominate the market. This means it’s easier for new children’s party franchises to establish successful businesses in their area.
We repeat, the potential is massive!
What Is Kidcreate Studio?
Now that you’ve seen the potential, you’re probably wondering what Kidcreate Studio actually is. Well, we’re an art studio just for kids. As such, we specialize in children’s art classes, camps, and art-themed birthday parties. We allow kids to learn art concepts and experiment with many different art materials while creating fridge-worthy masterpieces along the way.
For you, as a potential Franchise Owner, we’re more than just an arts and craft franchise. We offer entrepreneurs the opportunity to run a business that brings significant financial and emotional return on investment while providing kids with an essential part of their development and education.
What Makes Us Different?
“Wait, but other kid-centric companies offer birthday party business opportunities too,” I hear you say. Sure, they do. But many things make us different from other kids’ businesses in your area.
So, what exactly are these differences? Let’s take a look.
For one, owning a Kidcreate Studio means you can leave behind the corporate grind with a small business that gives you a more flexible work-life balance while also allowing you to take control of your financial destiny and earn a healthy income along the way.
Just think about it. No more meetings, no more bosses looking over your shoulder, and definitely no more boring conversation at the coffee machine.
But it goes further than this. Some other benefits of owning a Kidcreate Studio include:
Apart from offering a financially rewarding career, owning a Kidcreate Studio also gives you a deep sense of purpose. This dual benefit is hard to find in many other occupations.
One thing is for sure. We give you options. Kidcreate offers a unique business model where you can bring our highly sought-after curriculum to child-friendly businesses in your community with our mobile business model. You also have the option of offering classes and camps in your own beautiful brick-and-mortar studio location. So, if you prefer, you can start with the mobile business and add a studio later. Or you can even start with both. There are indeed no limits.
With your own Kidcreate Studio, you’ll be able to partner with community bodies in your area to unite in the fight against the kind of art education. For this reason, you can become a well-respected voice of change as the face of the local Kidcreate Studio.
One thing that the COVID-19 pandemic showed us is that Kidcreate Studio is a one-of-a-kind experiential business that cannot be replicated by big online businesses. For this reason, it also thrived during the 2009/2008 economic crisis. As a result, you’ll have comfort knowing that your business is proven to be recession-resistant.
We can open locations in as little as 60 days. So, you’ll be able to grow your Kidcreate Studio empire across your entire region with multiple units. Or, if you prefer, you can stick to a single location in your neighborhood. As Franchise Owner, the choice is up to you.
With our On-The-Go model, you can literally start generating income from your business almost immediately. Besides, our ongoing overhead costs are extremely low. And you know what this means. If your expenses are lower, your profit margin is bigger. You can add a brick-and-mortar studio down the line to create an additional revenue stream and extra cross-marketing opportunities if you want.
Owning a Kidcreate Studio goes further than these benefits. We believe that to succeed and build a successful business, we need to stand with our Franchise Owners. As such, we have a team of experienced franchise professionals who genuinely care about your success and help every member of the Franchise Owner family reach their business goals.
Here, some of the assistance we give our Franchise Owners include:
Our initial training program, Kidcreate Academy, includes 100 hours of self-study, classroom training, and on-the-job training to prepare you to open the doors of your Studio. During these classes, you’ll learn everything you need to know about running your own Kidcreate Studio.
You’ll be able to work with our Real Estate Director, and a local network of real estate brokers will help you to find the best location for your Kidcreate Studio. When you choose our mobile On-The-Go business model, we help you to build partnerships and grow a customer base before you even open.
The same real estate team will also help you to negotiate and sign a lease agreement for your location. We work with your local real estate broker to find local architects and contractors and then lead you through the bidding process to ensure you get the best deal to build out your Studio.
Apart from our regular training, you’ll also be able to attend ongoing refresher training courses to ensure that you remain current with the industry trends and new curriculum. This ensures you’re always up to date.
You’ll be able to work with a designated Field Consultant to refine and improve your local operations and business processes for up to 14 days a year. You’ll also receive on-site training for up to four days during your Grand Opening.
Your Marketing Director will provide one-on-one ongoing assistance with local marketing programs and advertising materials/sales aids specifically designed for Franchise Owners to use to promote their business.
Birthday Party Business Opportunities With Kidcreate
Now, you know how enormous the potential is for birthday party business opportunities. We’ve already looked at these statistics.
So, one of our most exciting offerings is our birthday parties. Here, Kidcreate Studios appeal to busy parents who don’t have time to plan birthday parties. As a result, they turn to us to create a memorable birthday party experience for their children.
As a Franchise Owner, you’ll take care of every aspect of the party, from the planning to the decorations, so that parents can kick back and enjoy their child’s special day.
We give special attention to event planning and setup and also focus on entertaining and engaging activities we do with the children. We even clean up when the party’s over. Now, who wouldn’t want this? This is exactly the reason why parents are using Kidcreate Studio to host and plan their children’s birthday parties.
Considering the demand for these services, owning a Kidcreate Studio is an excellent opportunity.
More Ways of Earning
Because we offer you the opportunity to own a brick-and-mortar Studio or an On-The-Go Studio, or even both, you have twice the opportunity to generate an income from birthday parties.
This also provides parents with the choice. In other words, some parents will rather host their children’s party at a studio. In contrast, others could choose to have a fun and creative activity at their home.
Because there are no direct competitors in our space, we’re the only ones who can provide our customers with the custom birthday party experience they are looking for. This, ultimately, means huge opportunities for every Franchise Owner.
One thing to keep in mind is that, although there might be social distancing and other COVID-19 restrictions now, they are likely to lift in the future. This means if you buy a franchise now, you have months of construction or buildout on your Studio. In simple terms, once when things get back to normal, you’ll be ready to have your Grand Opening.
What Can You Make?
Okay, so this may be the part of this article you’re most interested in. How much money can you make as a Kidcreate Franchise Owner?
Before looking at that, though, let’s look at the investment. You know, ultimately, success is often measured in return on investment, so you’ll have to see what you have to invest and then measure that against what you can earn.
For our mobile studio business model, the minimum investment is between $64,765 and $95,490. This amount includes your initial franchise fee. In respect of a brick-and-mortar Studio, the minimum investment ranges between $110,705 and $266,270. Like the mobile option, this also includes the initial franchise fee.
Now, these investments sound low. And they are. Compared to other children’s education franchise concepts, we offer a relatively low entry point and investment. This is because we’re able to keep investment costs low because of our small footprint as minimal buildout costs. Now for the exciting part, what can you make?
Well, the Studio revenue potential is up to $466,044*. Remember, rewards are not always measured in money, and apart from this, you’ll also enjoy other rewarding aspects by doing something you love giving back to your community.
*Numbers obtained from our 2020 FDD.
The Bottom Line
The industry for kids’ birthday parties is huge. And birthday party business opportunities are only expected to grow after the pandemic when eager parents want to make up for lost time because they missed their kids’ big birthday party last year.
Ultimately, this means owning a Kidcreate Studio now is not only a huge opportunity but also an incredible investment.
If you want to know more about this opportunity or how you can go about owning a Kidcreate Studio, visit our franchise website or contact us for more details.
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