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Below is an in-depth analysis and side-by-side comparison of SafetyNet4Kids vs DIGIKIDS including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $36,000 - $50,000 | N/A |
Franchise Fee | $19,000 | $29,900 |
Royalty Fee | 5% | - |
Advertising Fee | - | - |
Year Founded | 2003 | 2003 |
Year Franchised | 2006 | 2004 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | 10% of current Fran. fee | - |
Business Experience Requirements |
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Experience | - | We are looking for exceptional individuals that would like to generate a great income while providing a much-needed service for the community. You should enjoy working with children and be willing to accept the responsibility of having your own business - and setting your own hours. It is important that you have enthusiasm for our product coupled with a desire to make a profit; not just a desire to make a profit. |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/Yes | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | - | A minimum of two days classroom instruction and actual hands on experience at a DIGIKIDS� Child Safety Event |
Support | - | - |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | No | - |
International Expansion | No | - |
NO LONGER FRANCHISING
DIGIKIDS� is an onsite child ID company that offers the most advanced, effective and affordable child safety ID available today. The services you provide will be at customer or public locations, such as schools, preschools and retail outlets with only your business support functions operated out a small area in your home. You will enjoy very low overhead and the freedom to set your own hours.