How Much Does a Kid to Kid Canada Franchise Cost?
Type of Expenditure | Amount | Method of Payment | When Due | To Whom Payment |
Initial Franchise Fee | $25,000 | Lump sum | At signing of Franchise Agreement | Kid to Kid® |
Travel and Living Expenses while | $2,000 to | As incurred | During corporate, in- store, and internship training | Airlines, hotel, restaurants, taxis, etc. |
Real Estate Deposit, Improvements | $15,000 to | As incurred | As incurred | Landlord, contractors, various vendors |
Kid-door | $3,600 to | As incurred | Prior to Opening | Mill, hardware store, painter, glass shop |
Exterior Signs and Graphics | $8,400 to | Lump sum | Prior to Opening | Various vendors |
Interior Signs | $2,000 to | Lump sum | Prior to Opening | Sign contractor |
Fixtures and hangers | $94,400 to | Lump sum | Prior to Opening | Various vendors |
Computers, Scanners, Cash Drawers, Printers, Credit Card Machines, Routers, Cables, I-Pads, TVs, etc. | $16,000 | Lump sum | Prior to Training | Dell, Lenovo, Netgear, and various other vendors |
BaseCamp® software suite, which includes IMAPTM, BaselineTM point-of-sale, and “QTM” software | $10,000 | Lump sum | Prior to opening | BaseCamp® Franchising |
Security Camera System | $1,800 to | Lump sum | Prior to Opening | Supplier |
Grand Opening Promotion | $20,000 to | Lump sum | Prior to Opening | Media, suppliers |
Opening Inventory | $48,000 to | As purchased | Prior to Opening | Media, suppliers |
Incorporation Documents | $500 to | As incurred | Prior to Opening | Attorney, state |
Loan Fees | $3,500 to | Lump sums | At application, at loan closing | Lenders, loan brokers |
Licenses, Permits, Utility Deposits | $1,000 to $2,000 | As incurred | As incurred | City, county, and state agencies, utilities |
Supplies, Misc. Expenses | $6,000 to | As incurred | Prior to Opening | Various vendors |
Pre-Opening Additional | $48,000 to $66,000 | As incurred | As incurred | Employees, vendors, |
Additional Funds [initial | $42,000 to | As incurred | As incurred | Employees, |
