Entrepreneur Lists Giggles as a Top Franchise
The team at Giggles Franchise Inc. aren’t the only ones who think that Giggles is an excellent franchise opportunity. We are honored and excited to announce that Giggles has been listed as a top franchise by Entrepreneur magazine in the childcare category.
A Recession-Proof Franchise
We started the business during the Great Recession in 2008. Some might have said that it was a risky maneuver. We believe that it’s one of the indicators that this franchise is recession-proof. Giggles saw its profits surge more than 30 percent in the first five years that it was open, including during the recession years.
Families will always need child care. However, many parents don’t need full-time daycare. But it’s not easy for parents to drop off their children with just any childcare provider. That’s why we came up with the unique Giggles business model.
What Makes Giggles Drop-In Childcare Unique
What makes us different than other drop-in daycare providers is that we are passionate about providing a reliable, engaging, compassionate and trusting environment for children. We exceed typical childcare standards because we know how important it is for parents to feel confident in the people with whom they entrust their children.
Our childcare franchise was developed with superior standards and goals in mind. When parents travel or relocate to another city with a Giggles Drop-In Daycare, they know that they’ll receive the same level of care that they’re used to. We take a hands-on approach to everything we do, from training staff to coming up with creative crafts for the children in our care.
The Giggles staff is experienced with caring for children. They undergo extensive background checks and training so that they can support the kids in their care as a parent would. We will help parents potty-train their kids. We assist children in our after-school programs with their homework.
Giggles also runs a summer camp so that parents don’t have to worry about what they’re going to do with their kids during the long summer break. So many families across the region know us and love us; we wanted to be available to them so that they wouldn’t have to stress out about finding alternative child care opportunities when school is out.
Customers have plenty of positive feedback about this brand. Some of the gushing Google reviews include praise such as:
“Highly recommend! A wonderful place. We have been taking my 2 older children there for a while, but we were concerned when we had to drop off our 2 year old son as well. Couldn’t have been more pleased. They are always well cared for, the staff is always friendly. It is always difficult to get them to leave because they are always having so much fun!” – Gabe Frank
“Giggles Wilmington is one of the most positive experiences of my son’s young childhood… They are all fantastic, caring people who always went the extra mile, in more ways than I can describe here. I will always be thankful to you all.”
Franchise Requirements and Support Options
We are community-minded and understand that it takes a village to raise kids. We could say the same for our franchise community.
When you join the Giggles franchise, you become part of something that you can be proud of. Our company culture is all about lifelong learning, support and integrity.
Prospective franchisees must have $50,000 to $75,000 in liquid capital to purchase the brand. The initial franchise fee is $35,000, and the ongoing royalty fee is 7%.
Giggles offers in-house financing to cover the franchise fee and has relationships with other sources to cover startup costs, equipment, inventory, permitting and payroll. Furthermore, our franchisees are supported every step of the way. We offer assistance with identifying potential locations so that new franchisees can start off on the right foot. We also help with permitting issues, hiring and training staff.
We take every opportunity to touch base with our franchisees and make sure that they feel supported. Our brand is a success when our franchisees are successful, and we know what it takes to build a successful brand from scratch. When Giggles first opened, we were simply trying to fill a need in the local community. We quickly realized that this need was not limited to our immediate area.
We are excited about our consistent growth. Giggles Franchise Inc. is based in Wilmington, NC and has 7 locations in North and South Carolina. We’re slated to open five more in 2020. Even with this level of expansion, we still treat all of our franchisees and customers like family.
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