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Below is an in-depth analysis and side-by-side comparison of HipKidz vs Funtopia including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $250,000 | $600,791 - $1,853,381 |
Franchise Fee | $20,000 | $35,000 - $60,000 |
Royalty Fee | 7% | 6% |
Advertising Fee | - | 1% |
Year Founded | 2006 | 2013 |
Year Franchised | 2010 | 2015 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/Yes |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | - | - |
Support | - | Purchasing Co-ops Meetings/Conventions Grand Opening Field Operations |
Marketing | - | Co-op Advertising National Media Regional Advertising |
Operations | - | Number of Employees Required to Run: 40 - 80 |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | No | - |
International Expansion | No | - |
Chidren's Sports and Fitness centre for kids between the ages of 5-13 and is pretty high tech but great fun. The Process of Franchising will commence in Autumn 2010. To register your interest please email us at [email protected]