Kid to Kid Offers Low Barriers to Entry for Aspiring Franchisees
Aspiring franchisees come from all types of backgrounds. Some have been executives in major corporations. Others have successfully launched their own startups and want to diversify. Others still might not have expertise in business operations at all. It’s important for entrepreneurs to find a franchise that matches their experience.
What’s great about the Kid to Kid franchise model is that it’s accessible to all kinds of people. No matter what industry you came from or what experience you have, Kid to Kid offers low barriers to entry that position all our store owners for success. Here are just some of the ways we make Kid to Kid ownership attainable.
Affordable start-up costs
Cost is a major factor entrepreneurs must consider before investing in a franchise opportunity. Retail, in particular, tends to come at a high price point due to brand recognition and the cost of buildout and inventory. Those interested in a more affordable retail option should consider Kid to Kid.
Kid to Kid is actually one of the most affordable franchise opportunities in the $24 billion resale clothing industry. With an average total investment between $347,200 and $542,100, Kid to Kid is accessible to most people who can obtain financing.
We’re looking for owners who can meet the following financial criteria:
- Liquid Capital Required: $70,000–$110,000
- Net Worth Preferred: $300,000
- Franchise Fee: $25,000
Compared to other retail chains, Kid to Kid’s initial investment is more easily attainable. This is how we help aspiring owners turn their small business dreams into a reality!
Not all entrepreneurs have the ability to wait up to two years for their franchise business to get off the ground. The faster a business opens after the initial investment, the faster you’re able to make money and become profitable! Kid to Kid maintains a relatively fast opening schedule, with most stores opening in less than 12 months.
Once you sign on with Kid to Kid, you’ll begin your true path to ownership. This encompasses three key stages:
- Site selection and leasing, including financing: 4–6 months
- Store design and buildout, including training: 2–3 months
- Opening to buy product: 2–3 months
In just 8–12 months, your Kid to Kid store will be ready for its grand opening! Not only will you get to realize your dreams of launching a business quickly, but you’ll also be able to help your community and the planet that much sooner.
Built-in launch model
Kid to Kid franchisees aren’t required to have experience in retail or in the children’s clothing industry to open their own store. We make our franchise opportunity accessible to people with all kinds of backgrounds thanks to our launch model and training systems. Through initial and ongoing training and support, it’s easy for owners to learn the business and train their own employees effectively.
The Kid to Kid mantra is “We’re Better Together.” Nothing exemplifies this more than our robust support, including:
- Initial ownership training
- On-the-job owner training
- Online training for employees
- Ongoing training for owners and employees
- Financial coaching
- Marketing training and support
When you join the Kid to Kid family, we’ll teach you everything you need to know to run a store effectively. You’ll also get access to our proprietary sales programs that ensure you purchase and price clothing appropriately to be profitable.
The final piece of the puzzle is ensuring there’s a market left to be served after owners invest in our company. The resale clothing industry is growing tremendously, and more brands are offering resale options or forging partnerships with retailers. However, there are not nearly as many child-focused resale options on the market.
Resale children’s clothing is not oversaturated. In fact, we have opportunities in prime markets in all 50 states. This gives aspiring Kid to Kid owners more choices in where they build their businesses and prevents our stores from getting edged out. Kid to Kid has had an established presence in markets across the nation for years, carving out a solid spot for us in the industry. Our business model is also recession-resistant in nature, which lowers the risk of investment right away.
At Kid to Kid, our goal is to continue expanding our network of community-focused stores while making it easy for people to achieve their goal of business ownership. If our children’s resale clothing franchise opportunity sounds like a good fit for you, contact us to learn more and begin your journey!