FDD Talk Daily: Summary of Initial Investment Ranges and Revenue Potential of Children’s Enrichment Program Franchises

Children’s Enrichment Program Franchises

• The franchises that fall under this category are:  Abrakadoodle, Computer Explorers, Drama Kids, FasTracKids, Kidville, Learning RX, Webby Dance Company, and Young Rembrandts.

Initial Investment

• There are many distinct concepts that fall under the Child Enrichment Program category of Children’s franchises. Most of them are low cost, with estimated initial investment under $50,000 (Drama Kids, Webby Dance Company, and Young Rembrandts), and several more can be started for less than $100,000 (Abrakadoodle and Computer Explorers). The estimated initial investment for FasTracKids and LearningRx maxes out in the low $200,000’s.

• The high end concept in the group is Kidville, which can cost between $599,710 to $897,400 to start. The franchise is a more elaborate operation, offering a wide array of developmental classes like music, gym, art, and enrichment classes; provides indoor playgrounds, birthday and themed parties, and related services; and features retail boutiques selling various children and family-oriented products.