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Acquisition
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What does Safari Kid acquisition mean?If you are already an owner and operator of an existing preschool, Safari Kid's acquisition program is focused on helping you uplift your existing preschool to one of the best preschool programs, or facilitate you with an exit plan if you wish to sell your business.
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Is there a requirement to sell the real estate along with the preschool?Safari Kid understands that many owners may also own the real estate, and may want to have a steady income through leasing/renting while they consider selling only their business. Safari Kid can work with you on any scenario to help you with an exit with or without selling real estate as part of selling your business, however; the choice will be largely dependent upon what the franchise territory owner wants to do.
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Why should I convert to a Safari Kid preschool franchise?Converting to a Safari Kid preschool franchise offers several advantages, such as a recognized brand, research-rich curriculum and programs, established operational procedures, marketing support, training programs, and ongoing guidance. Be part of a larger community and reap the benefits of your hard work with the support of a proven successful business model. Being part of a larger brand helps increase your valuation.
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What qualifications do I need to have to convert a Safari Kid Preschool Franchise?Safari Kid seeks individuals with a passion for early childhood education and care, strong leadership skills, business acumen, and the ability to manage a team and work with families. Other qualifications consist of the following:
- A facility licensed for 75+ full-day preschool
- An outdoor playground
- Market study showing a demand
- Territory is open for sale
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How much does it cost to convert a Safari Kid preschool franchise?The expenses associated with converting a Safari Kid Preschool franchise can fluctuate based on factors such as the franchise's location, center size, and additional considerations. A standard Safari Kid franchise typically entails an initial franchise fee along with ongoing royalty fees or a percentage of revenue. The total investment amount can vary, and depending on the condition of the facility and its surroundings, it may range from the Safari Kids franchise fee plus $30k or more.
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How long does it take to convert a Safari Kid preschool franchise?The timeline for converting a Safari Kid preschool franchise can vary. After the franchise agreement is signed, it can take up to two months.
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What kind of support can I expect from the Safari Kid preschool franchisor?Safari Kid provides extensive support, including comprehensive training programs for you and your staff, help with regulatory compliance, marketing and advertising support, ongoing operational guidance, and access to a network of fellow franchisees.
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Can I customize the preschool center to reflect my own ideas and preferences?While Safari Kid preschool franchises have established operational procedures and branding guidelines, there may still be opportunities to add your personal touch to the center. You can discuss specific customization options with your Safari Kid representative during the acquisition process.
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