Once Upon A Child Franchise
Wednesday, April 28, 2010 at 02:56AM Retailer selling new and used children's clothing, toys and furniture
Founded in 1984 in Columbus, Ohio, Once Upon A Child specializes in selling new and used children's clothes, toys, furniture and equipment. Franchises were first offered in 1992. The company is owned by Winmark (formerly Grow Biz), which also franchises Music Go Round, Plato's Closet, and Play It Again Sports.
Start-up Costs & Franchises Fees
What is the total cost to open a Once Upon A Child Franchises?
Total Cost: $127,600-$219,930
Total Franchise Fees: $20,000 USD
Ongoing Royalty Fees: 5%
Ongoing Advertising Fees:
Term of Agreement: 10 years
Franchise Agreement Renewal Fee: $5K
Contact Information for Once Upon A Child
|
Once Upon A Child |
Phone Number: (763)520-8490 |
Once Upon A Child In the Press
No results at this time.Historical Expansion
In what year did Once Upon A Child begin operations? 1984
When did Once Upon A Child begin selling franchises? 1992
Year United States Canada International Corporate 2005 189 19 0 1 2004 189 20 0 1 2003 198 18 0 1 2002 202 20 0 1 2001 213 18 0 1
Future Expansion
Countries of Interest: Canada,
Franchise Financing Information
Cost In House Financing Available? 3rd Party Financing Available? Franchise Fee No No Initial Start-up Capital No No Plant, Property, and Equipment No Yes Inventory No No Accounts Receivable No No Payroll No No
Training & Support
Support
In the Pressletter, Meetings, Toll free phone number, Grand opening support, Internet referrals, Safety and Security procedures, Field support and site evaluation, Purchasing cooperatives
Marketing
Cooperative advertising, Ad slicks
Franchise Operation Restrictions
25% of all franchise business owners own more than one franchise location.Number of employees needed to run franchised unit: 3 - 5
Absentee ownership of this franchise business is not available to new franchisees. (95% of current franchise business owners are owner/operators)
Qualifications & Business Experience
Business Experience:
General business experience Sales & marketing experience
Franchise Analyzer Professional's Inside Information
Can you buy this franchise for no money down? YesPlease note: You must download a free copy of Franchise Analyzer Professional to receive these benefits and so much more. Click here to download your FREE copy now.
What key terms in the franchise agreement can be negotiated? Cross-default provisions, arbitration clause, personal guarantee, default cure periods, non-compete agreement, favorable valuations for corporate buyout
Can you negotiate lower royalties during start-up? Yes
Can you purchase multiple franchises for a discounted franchise fee? Yes
Can you receive lower advertising fees? Yes
Will I know when the franchise break even? Yes
Will my personal assets including my home be safe in case my franchise business fails? Yes