WorldKids School Franchise
Audited FinancialsRisk Score
Pending analysis
Investment Range
$195,000 - $591,500
Franchise Fee
$80,000
Total US Locations
8
Business Summary
WorldKids School operates learning centers offering immersion classes in Spanish and Mandarin for children ranging from ages 2 months to 6 years old.
Corporate History
WKAF LLC, doing business as WorldKids School, was formed in Washington State on July 18, 2024. The company began offering franchises in 2024 and has not previously operated a business of the type being franchised or offered franchises in any other line of business. WorldKids School has an affiliate, WorldKids Academy, LLC, which has operated a similar learning center since 2015.
Financial Overview
Investment Range
$195,000 - $591,500
Franchise Fee (Low)
$80,000
Franchise Fee (High)
$80,000
Royalty %
6%
Marketing %
2%
Equipment Costs (Low)
$69,500
Equipment Costs (High)
$395,000
Working Capital
$35,000
Audited Financials
Yes
Offers Financing
No
Audit Opinion
Unqualified opinion
Financial Health Notes
WorldKids School is a new company that began operations in July 2024 and has not generated any revenue or profits as of December 31, 2024, showing only $97 in cash and members' equity. The Franchise Disclosure Document itself highlights a special risk regarding WorldKids School's financial condition, stating that it 'calls into question the Franchisor's financial ability to provide services and support to you.' This disclosure indicates that the franchisor entity, WKAF, LLC, has minimal operational activity and financial resources, despite its affiliate operating established company stores.
Financing Details
WorldKids School does not offer any direct or indirect financing to its franchisees. Additionally, WorldKids School does not guarantee any notes, leases, or other obligations for its franchisees.
Performance Metrics
Total US Locations
8
Franchised Units
0
Corporate Units
8
Franchising Since
2024
Legal & Compliance Analysis
Recent Litigation
No
Bankruptcy
No
Litigation Summary
WorldKids School has no litigation to disclose in Item 3 of its Franchise Disclosure Document, indicating a clean legal record with no lawsuits or legal disputes to report.
Bankruptcy History
WorldKids School has no bankruptcy history to disclose in Item 4 of its Franchise Disclosure Document.
Agreement Terms
Initial Term
10 years
Renewal Term
10 years
Renewal Conditions
To renew their franchise agreement, WorldKids School franchisees must fully comply with all material provisions of the agreement, make necessary capital expenditures to maintain uniformity with the System, and satisfy all monetary obligations owed to WorldKids School or its affiliates. Franchisees must not be in default of any agreement, provide timely written notice of their intent to renew, and sign WorldKids School's then-current franchise agreement, which may have different terms. They also need to meet current qualifications, comply with training requirements, sign a general release (where permitted by state law), and pay a $5,000 renewal fee.
Training & Support Program
Franchisor Assistance
Before a WorldKids School franchisee opens their business, the franchisor provides an initial training program and guidance for establishing and operating the center. They also lend or provide access to an Operations Manual, offer assistance with setting product and service prices, and help with obtaining equipment, signs, fixtures, inventory, and supplies by providing specifications or approved supplier lists. WorldKids School offers limited help to ensure the premises conform to local codes and permits and assists with determining the type and number of employees to hire. After opening, WorldKids School provides ongoing advice and guidance via phone and electronic correspondence, offers additional training as deemed necessary, and provides updates to the Operations Manual.
Initial Training Hours
60
Training Location
Affiliate outlet in Seattle, WA or another designated training center
Ongoing Support
After opening, WorldKids School franchisees receive ongoing advice and general guidance via telephone and electronic correspondence. WorldKids School also makes ongoing training available as needed, though franchisees are responsible for the cost (currently $500 per person per day plus expenses for in-person training). Franchisees are provided with modifications to the Operations Manual as they become available. Additionally, franchisees pay a 2% National Advertising and Development Fund fee (starting after 12 months of operation) which WorldKids School uses for various advertising methods to promote the brand.
Franchise Requirements
Ideal Candidate Profile
WorldKids School seeks individuals with strong financial resources, experience in the education industry, business experience, and robust marketing and sales plans, particularly for area developers. Franchisees or their designated managers must be highly involved in the day-to-day operations of the learning center, dedicating at least 40 hours per week. Additionally, candidates must possess teaching credentials as required by their state laws and be prepared to conduct background checks on employees who will be in contact with children.
Industry Experience Required
Yes
Management Experience Required
No
Sales Experience Required
No
Technical Skills Required
No
Operational Details
Location Type
Retail
Owner Participation
Hands-On
Territory Type
Exclusive
Staff Count
3
Territory Size Requirements
WorldKids School defines its franchise territories as a specific geographic region, approved by radius, zip codes, or natural or political boundaries as outlined in the Franchise Agreement. Typically, a territory will encompass a 5-mile radius around the franchisee's outlet. The franchisor notes that a minimum size isn't strictly specified because highly populated areas can support outlets in closer proximity than less dense suburban areas.
Staffing Notes
WorldKids School estimates that a franchisee will initially need a Center Director and two teachers to operate their learning center in its first year. While the franchisor provides assistance in determining the type and number of employees to hire, franchisees are solely responsible for all aspects of employee management, including hiring, firing, compensation, payroll taxes, and day-to-day supervision. Franchisees are required to conduct background checks on any employee who will be in contact with children and must ensure staff teaching credentials comply with state laws.