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Entrepreneur: Start & Grow Your Business

CHIP - The Child I.D. Program

Children's ID & school safety program

Background

Founded: 2001 Franchising since: 2002
30961 Agoura Rd., #101
Westlake Village, California 91361
Phone:
(805)557-0577


Franchisor has 10 employee(s); 3 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2007 152 0 0 1
2006 152 0 0 1
2005 143 0 1 0

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, United states, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming

Exclusive territories available.

Costs and Fees

Total investment: $10.99K-14.99K
Franchise fee: $10.99K-14.99K
Term of agreement: 5 years, renewable


Type of Financing Available
In-House Third Party
Franchise Fee Yes No
Startup Costs No No
Equipment No No
Inventory No No
Accounts Receivable No No
Payroll No No

Qualifications
Net worth requirement: Varies
Cash liquidity requirement: Varies

Operations
  • Franchise can be run from home
  • 40% of all franchisees own more than one unit
  • Number of employees needed to run franchised unit: 1 - 2
  • Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators)

Training and Support

Training
  • Available at headquarters: 3 days

Ongoing Support
  • Newsletter
  • Meetings
  • Toll-free phone line
  • Internet
  • Security/safety procedures

Marketing Support
  • Ad slicks

Rankings

Franchise 500® rank:
#277 (2007); #289 (2006); #402 (2005);

Ranked #1 in category in:
2007; 2006;

Low-Cost Franchises:
#71 (2007); #68 (2006); #115 (2005);

Top New Ranking:
#15 (2007); #16 (2006); #35 (2005);

Top Home Based Franchises:
#76 (2007); #71 (2006);

America's Top Global Franchises:
#189 (2007); #194 (2006);