Daycare Franchise FAQs
At Ducklings Daycare, we know there is a lot to consider when purchasing a franchise. From investment costs to industry experience, it’s important to understand all aspects of the business. That’s why we’re here to help you each step of the way, starting with answering the top questions we receive about franchising with us below. If you have any questions about these topics or otherwise, feel free to get in touch with us. You’ll quickly see why a childcare franchise is one of the best investments you can make as an entrepreneur.
Do You Need to Be a Teacher?
No, you do not need to be a teacher or possess an education background to own a Ducklings franchise. Our franchise owners are entrepreneurs who are passionate about improving childhood education and enhancing their local communities. Ducklings franchisees enjoy their work and benefit from an excellent work-life balance to meet personal and professional goals.
Is Financing Available?
Ducklings can help franchisees secure financing opportunities because of our established reputation and connections to vendors that understand our business model. This can lead to better negotiations regarding loans, real estate, and lease and facility agreements.
How Do You Select School Sites?
Ducklings assesses factors such as population size, quality of area schools, the local average household income, permitting, and neighboring businesses to determine the best available territories and ensure the franchise is a
Site selection is important because each location needs to meet high quality standards for design, layout, and size while serving as an ideal spot to implement our proven business model. Ducklings can franchise in over 40 states, and we have available territories in most areas.
How Do You Find the Right Real Estate?
We help franchisees locate available real estate that meets our requirements and enables you to use our business model.
We have connections with local vendors to find lucrative real estate options and can either turn
over an existing building or build the unit from the ground up.
Once construction is completed, each site ranges from 8,000 to 12,000 square feet of space. Units must be modern and secure, and will include indoor and outdoor play spaces, fully stocked libraries, and private office space.
How much does it cost?
The total initial investment range is between $756,400 to $1,719,500. This includes the Franchise Fee, and initial expenses such as real estate and construction contributions, all furnishings and equipment needed to operate your business, and your Grand Opening Marketing Budget, to name a few.
Let’s break down the daycare franchise numbers:
- The franchise fee is $75,000
- The advertising cost is 1% of the gross revenue
- A Franchisee's liquid cash requirement is $100,000