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How Much Does a Kid to Kid Canada Franchise Cost?

Type of Expenditure

Amount

Method of Payment

When Due

To Whom Payment
is to be Made

Initial Franchise Fee

$25,000

Lump sum

At signing of Franchise Agreement

Kid to Kid®

Travel and Living Expenses while
Training

$2,000 to
$5,000

As incurred

During corporate, in- store, and internship training

Airlines, hotel, restaurants, taxis, etc.

Real Estate Deposit, Improvements

$15,000 to
$115,000

As incurred

As incurred

Landlord, contractors, various vendors

Kid-door

$3,600 to
$4,800

As incurred

Prior to Opening

Mill, hardware store, painter, glass shop

Exterior Signs and Graphics

$8,400 to
$16,800

Lump sum

Prior to Opening

Various vendors

Interior Signs

$2,000 to
$4,000

Lump sum

Prior to Opening

Sign contractor

Fixtures and hangers

$94,400 to
$118,800

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
When you have signed lease

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
When you have signed a lease

BaseCamp® Franchising

Security Camera System

$1,800 to
$6,000

Lump sum

Prior to Opening

Supplier

Grand Opening Promotion

$20,000 to
$25,000

Lump sum

Prior to Opening

Media, suppliers

Opening Inventory

$48,000 to
$60,000

As purchased

Prior to Opening

Media, suppliers

Incorporation Documents

$500 to
$1,000

As incurred

Prior to Opening

Attorney, state

Loan Fees

$3,500 to
$8,500

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
$9,600

As incurred

Prior to Opening

Various vendors

Pre-Opening Additional
Funds

$48,000 to $66,000

As incurred

As incurred

Employees, vendors,
suppliers, utilities,
insurance company

Additional Funds [initial
period] - 3 months

$42,000 to
$54,000

As incurred

As incurred

Employees,
vendors, suppliers,
utilities, insurance
company