Kid to Kid Investment Information
Costs of Owning a Retail Clothing Franchise
Considering the financial commitment involved in franchise ownership with Kid to Kid is just one aspect of the decision-making process. While there are a long list of factors to consider, the financial investment is one of the most critical aspects of ownership. Our goal is to ensure that you have access to all of the information you need to make an informed decision for your future.
What Is a Franchise Disclosure Document (FDD)?
Potential franchise owners are presented with a legal document known as a franchise disclosure document (FDD) during the discovery process prior to purchasing a franchise, which is free of charge. The Federal Trade Commission (FTC) requires franchisors to provide this information at least 14 days before selling a franchise.
The FDD is a thorough document detailing background information, costs, legal obligations, applicable statistics, and other key information. This document contains specific insights regarding the financial aspect of a given franchise. It is just part of exercising “due diligence” as you determine whether or not purchasing a particular franchise is the right decision for you.
In the Kid to Kid franchises sales process, supplying the FDD is step two. After an initial introductory phone call, we’ll supply you with all financial documents and information pertaining to fees and requirements, including the FDD. We’ll then give you two weeks to thoroughly read and understand this information, staying in touch in order to answer to your questions and provide any clarification you may need.
Investment Range According to the Kid to Kid 2015 FDD
According to the most recently available information from our latest FDD, published in 2015, the investment costs for purchasing a Kid to Kid franchise range from between $248,980.00 to $373,480.00.
These numbers range dependent on a variety of variables; expenses accounted for in this figure may include:
What Is the Average Annual Revenue for a Single Franchisee?
The information listed below is taken from the Kid to Kid 2016 FDD, found in item 19.
Average Annual Revenue
- top store:
- top quartile—which includes 25% of stores NOT including the top store:
- second quartile—which includes 25% of stores: