DIGIKIDS
900 Main Street South, Building 2
Southbury, CT 6488
-
(888) 344-4543
/
(203) 405-2142
- (203) 264-3516 (Fax)
More than 2,200 children are reported lost or missing each day in the United States. DIGIKIDS offers a unique, high-tech solution to aid in the recovery of those children. With a DIGIKIDS franchise, you'll enjoy great earning potential and very low overhead, while providing a much-needed and highly respected service for your community.
Franchisor Background
Year Established: 2003
Franchising Since: 2004
Operating Units
Franchised Units |
13 |
100.0% |
Company-Owned Units |
0 |
0.0% |
Total Operating Units |
13 |
100% |
Geographic Distribution
USA |
31 |
100.0% |
In 18 States
|
Canada |
0 |
0.0% |
In 0 Provinces
|
International |
0 |
0.0% |
In 0 Foreign Countries
|
Total |
31 |
100% |
|
Multi-Unit Operators
Multi-Unit Operators |
N/A |
Franchises Owned by Multi-Unit Operators |
N/A |
North American Unit Density
Density |
Units |
Texas |
8 |
Florida |
4 |
North Carolina |
2 |
Registered in the following Registration States
Florida, Michigan, Virginia, Washington, Wisconsin
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Support and Training
General Information
IFA Member |
No |
CFA Member |
No |
Franchisee Association? |
No |
Size of Corporate Staff |
5 |
Site Selection Assistance |
N/A |
Lease Negotiation Assistance |
N/A |
Financial Assistance |
Yes, Direct |
Marketing Support
Co-Op Advertising |
No |
National Advertising |
Yes |
Regional Advertising |
Yes |
Local Advertising |
Yes |
Marketing Materials |
Ad Slicks
|
Additional Services: |
In-House Marketing, Online Extranet
|
Other Marketing Support |
monthly conference calls, automated postcard campa |
Ongoing Support
Central Data Processing |
N/A |
Central Purchasing |
N/A |
Field Operation Evaluation |
Included |
Field Training |
Included |
Initial Store Opening |
Included |
Inventory Control |
Included |
Franchisee Newsletter |
Included |
Regional or National Meetings |
Included |
800 Telephone Hotline |
Included |
Training
On-Site |
As Agreed |
Corporate Headquarters |
2 Days |
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Financial Requirements
Investment
Minimum Net Worth |
$100K |
Cash Investment |
$28.7K |
Total Investment |
$33-100K |
Average Total Investment |
$67K |
Fees
Initial Franchise Fee |
$28.7K |
Average Franchise Fee |
$28K |
On-Going Royalty |
0% |
Average Royalty |
0% |
Advertising Fee |
2% |
Site Information and Requirements
Average Number of Full-Time Employees |
1 |
Average Number of Part-Time Employees |
1 |
Space Needs (in square feet) |
N/A
|
Preferred Site Types |
Home-Based
|
Encourages Conversions |
Yes |
Item 19 (Earnings Claim) Provided? |
Yes |
Listed in the SBA Registry? |
No |
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Franchisee Qualifications
Financial Net Worth |
2 |
General Business Experience |
1 |
Specific Industry Experience |
1 |
Formal Education |
2 |
Psychological Profile |
3 |
Personal Interviews |
5 |
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Terms of Contract
Term of Initial Contract |
10 |
Term of Renewal Period |
10 |
Passive Ownership? |
Allowed, but discouraged |
Area Development Agreements? |
Yes, for 5 years
|
Sub-Franchisor Contracts? |
No |
Franchisees Allowed to Expand Within Territory? |
Yes |
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Expansion Plans
Projected New Units Over Next 12 Months |
10 |
USA |
Yes, All United States |
Canada |
No |
Overseas |
Yes, All Countries |
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