Children's Orchard
Yes, we actively support the inclusion and development of minority-owned franchises in the Children's Orchard system.
Children's Orchard
900 Victors Way, # 200
Ann Arbor, MI 48108
800#: (800) 999-5437 + 222
Tel: (734) 994-9199 + 222
Fax: (734) 994-9323
E-mail: campaign364@mail.emaximation.com
Web Site: www.childorch.com
Contact: Mr. Taylor Bond, President
Upscale children's retail/resale stores, featuring clothing, toys, furniture, equipment, books and parenting products. We buy top-brand items from area families by appointment, and re-sell in boutique-style stores, along with top-quality new children's items from nearly 200 suppliers. These are large volume stores selling thousands of items per week.
Franchisor Background
Established: 1980
First Franchise: 1985
Franchise Units: 85
Company-Owned Units: 1
Total Units: 86
Distribution:
> North America -- Operations in 22 States
> States/Provinces with Greatest Density: 18 in CA, 14 in MA, 6 in MI
Units Owned by Minorities:
>African-American: 2
>Hispanic: 2
>Asian-American: 2
>Native American:
>Other: 11
Average Number of Employees: 1 FT, 3 PT (FT = Full Time, PT = Part Time)
Space Needs: 1,200-2,000 SF; SF, SC
(for abbreviations click here)
Financial Requirements
Cash Investment: $30-50K
Total Investment: $72.5-158K
Average Total Investment: $150K
Minimum Net Worth: $200K
Fees
>Franchise: $22.5K
>Average Franchise Fee: $22K
>Royalty: 5%
>Advertising: 1%
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 10
Passive Ownership: Discouraged
Area Development Agreements:Yes/Open
Sub-Franchising Contracts: No
Expand In Territory:No
Franchisor Support and Training Provided
Site Selection Assistance:Yes
Lease Negotiation Assistance: Yes
Cooperative Advertising: Yes
Franchisee Assoc. / Member: Yes/Yes
Size Of Corporate Staff: 15
On-Going Support: B,C,D,E,F,G,H,I (for an explanation click here)
Training: 12 Days Training in Ann Arbor, MI.
Specific Minority Program(s) in Place: Assistance with business plan, third party financing, registered in SBA registry.
Franchisor's Specific Expansion Plans
U.S.: All US Except HI, AK
Note: NR = No Response by Franchisor.
For a sample questionnaire click here.
|
New
Search: Alphabetical
| Industry
Type | Avg
Total Investment | Avg
Franchise Fee | Total
Units
|
|