Children's Orchard logo

Children's Orchard Franchise

Audited Financials
RetailEst. 2014Plymouth, MN
childrensorchardfranchise.com

Risk Score

Pending analysis

Investment Range

$206,700 - $320,500

Franchise Fee

$20,000

Total US Locations

15

Business Summary

Children's Orchard operates retail stores that buy and sell used and new clothing, equipment, accessories, and toys for kids directly to consumers. The stores are operated at approved locations following Children's Orchard's formats, designs, methods, and operating procedures, utilizing their "Children's Orchard" brand.

Corporate History

Children's Orchard, LLC was formed as a Delaware limited liability company on January 27, 2014, under the name NTY Kids, LLC. In February 2015, the company changed its name to Children's Orchard, LLC and purchased certain assets related to the Children's Orchard® franchise system from Children's Orchard, Inc. This included the "Children's Orchard" service mark and existing franchise agreements. Since February 2015, Children's Orchard, LLC has operated and offered franchises for stores that buy and sell used and new clothing, equipment, accessories, and toys for kids. Children's Orchard, Inc., the predecessor, had been franchising since 1993.

Financial Overview

Investment Range

$206,700 - $320,500

Franchise Fee (Low)

$20,000

Franchise Fee (High)

$25,000

Royalty %

4%

Marketing %

5%

Equipment Costs (Low)

$74,200

Equipment Costs (High)

$126,500

Working Capital

$17,500

Audited Financials

Yes

Offers Financing

No

Audit Opinion

Unqualified opinion

Financial Health Notes

Children's Orchard, LLC's separate financial statements are not provided, but its obligations are absolutely and unconditionally guaranteed by its affiliate, Clothes Mentor, LLC. Clothes Mentor, LLC's audited financial statements show an unqualified audit opinion for the years ended December 31, 2024, and 2023, indicating that its financial statements are presented fairly in all material respects. No going concern qualification or other significant financial health concerns are noted in the auditor's report or financial notes for Clothes Mentor, LLC.

Financing Details

Children's Orchard does not offer any direct or indirect financing options to its franchisees. Additionally, Children's Orchard does not guarantee any franchisee's notes, leases, or other financial obligations.

Performance Metrics

Total US Locations

15

Franchised Units

15

Corporate Units

0

Avg Square Footage

3,500

Franchising Since

2015

Agreement Terms

Initial Term

10 years

Renewal Term

10 years

Renewal Conditions

To renew their franchise agreement, Children's Orchard franchisees must provide written notice at least 180 days before the agreement ends. They must be in full compliance with the current franchise agreement, having paid all monetary obligations to Children's Orchard and its affiliates, and met all material operating and quality standards. Franchisees must remodel, modernize, and redecorate their store, and replace fixtures and equipment to match current brand standards, or secure a new approved location and build it out to current specifications. The franchisee and their store manager must satisfactorily complete any new or refresher training programs. A renewal fee of $10,000 is required at least 30 days before the term expires, and a new standard franchise agreement (which may have different terms) must be signed. Finally, the franchisee and each Principal Owner must sign a general release of claims against Children's Orchard and its affiliates.

Training & Support Program

Franchisor Assistance

Children's Orchard provides comprehensive assistance to its franchisees. Before opening, Children's Orchard helps with evaluating and selecting a store location, supplies prototype drawings and specifications for store design, and provides initial training for the franchisee and store manager. Franchisees also receive access to a confidential Operations Manual and the designated Point-of-Sale (POS) System. A field consultant offers 3-4 days of on-site assistance during the store's opening. On an ongoing basis, Children's Orchard provides field consultant visits (approximately 90 days after opening, then periodically for calls and on-site consultations), advisory services on operations, product selection, purchasing, marketing, and administrative procedures. Children's Orchard also periodically updates the Operations Manual and manages the National Marketing and Promotional Fund.

Initial Training Hours

67

Training Location

Plymouth, MN, or a location Children's Orchard designates

Ongoing Support

Children's Orchard provides ongoing support to its franchisees through various channels. Approximately 90 days after opening, a field consultant visits the store, and regular telephone conference calls and on-site field consultations are made available periodically. Advisory services cover all aspects of store operations, including products, purchasing, marketing, sales promotions, and administrative procedures. Franchisees receive periodic updates and revisions to the Operations Manual. Children's Orchard also manages the National Marketing and Promotional Fund (NMF Fund) to advertise and promote stores. Franchisees are required to participate in e-commerce and customer loyalty programs established by Children's Orchard.

Franchise Requirements

Industry Experience Required

No

Management Experience Required

No

Sales Experience Required

No

Technical Skills Required

No

Operational Details

Location Type

Retail

Owner Participation

Hands-On

Territory Type

Exclusive

Territory Size Requirements

Children's Orchard franchisees receive an exclusive protected area for their store, defined by natural trade areas and population numbers. This territory will be a radius of no less than two miles and no greater than six miles from a specific intersection. In metropolitan areas with over 200,000 people, the protected area will typically have a minimum population of 50,000. In smaller markets, the protected area will usually have a minimum population of approximately 25,000.

Staffing Notes

Children's Orchard franchisees are solely responsible for hiring, compensating, scheduling, and managing all store employees, including implementing a training program for them. The store must always be under the direct supervision of the franchisee (or a Principal Owner or an approved operating manager who has completed Children's Orchard's training program). The person responsible for day-to-day supervision must work full-time and not have other significant management responsibilities. If an operating manager is supervising, the franchisee or a Principal Owner must still be actively involved in store operations and oversight. All employees with managerial duties and corporate officers/directors/partners must sign confidentiality and non-compete agreements.