Once Upon a Child
Cherry Franchise Broker
Total investment:
$ 268,500
Franchise fee:
$ 25,000
Royalty fee:
5%
Marketing fee:
$ 0
Number of franchises
Return
Time period
Revenue:
$ 12 000*
* Calculator calculations are provisional, not guaranteed
MAIN INFORMATION
Year founded: 1984
Franchise since: 1992
Company owned units:
Franchise owned units: 369
Total number of units:
Number of employees per unit: 3-5
Contract period: 60 month
FRANCHISE ONLINE
WEBSITEOnce Upon a Child purchases and sells used children’s attire and toys. The first Once Upon a Child store was opened in 1985 in Perrysburg, Ohio, by Dennis and Lynn Blum in 1985 after they observed Goodwill Industries accepting and selling used baby attire.
Winmark purchased the company in 1992. In 2009, roughly 10% of Once Upon a Child’s children’s attire and playthings purchased were new. In 2011, it had 240 locations in the United States and 24 in Canada. In 2010, the complete cost to start a Once Upon a Child was between $200,000 and $250,000 and the average yearly sales were between $650,000 and $725,000.
On-The-Job Training: 24 hours
Classroom Training: 55 hours
Net-worth Requirement: $250,000
Liquid Cash Requirement: $75,000
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