We Play Loud (WPL) is now offering Franchising Opportunities in the United States. [not available in all states.]
Any potential franchisee can expect to sign a non disclosure agreement and participate in proper vetting to ensure any potential franchisee holds the capital necessary to be successful.
Estimated Costs for Opening a We Play Loud Kids Playground (TM) Franchise
Overall Investment Ranges from: $750,000 to $1,700,000
Typical franchisees use a combination of their own investment capital and then secure a SBA (Small Business Association) Loan to cover the remaining capital neeeded (depending on your credit, prior business experience, credit history, collateral, etc.)
Initial Franchise Fee: $50,000.00
Royalty Fees – 7% of Gross Sales Local Advertising Fees – 2% of Gross Sales
Estimated Time to Build & Open a We Play Loud location once a location is secured: 4 – 6 months.
We have seen our competitors average 6 – 12 months! That could end up costing you hundreds of thousands in additional capital. The critical factor when opening a location is “Time”. Your landlord will give you a certain amount of construction time, typically some months free of rent payments, or half rent. You want to make sure you complete your construction build out in a timely manner otherwise its going to cost tens of thousands in additional rent expense alone. You don’t want to be in a position were you are paying rent and the doors aren’t even open. That has never happened to a single We Play Loud location and we average a 5.5 month construction time. This means from the time we secured a lease to the time construction is done and doors are open – we have averaged 5.5 months! Again our competitors are taking much longer which means they are paying far too much. We want you to open your doors in a timely manner – your success is our success. It’s really that simple.
The overall investment range of $750,000 – $1.7 Million varies due to region selected, the construction needs of a partial retail space (determined by the city/state building code), the size of your location, lease rate & down payment negotiated with your landlord, the equipment, the cafe, birthday party rooms, bathroom capacity, electrical requirements for adequate power, and much more.)
How the process starts:
#1. Fill Out the Form Below.
#2. Our Legal Department will then reach out to you. They will have you sign a non-disclosure agreement w/notary. They will perform a personal credit check. They will request & verify a “proof of assets” check.
You will need to provide proof of assets showing no less than $250,000 in liquid capital assets (bank statements, 401K, stocks, investment portfolio).
If you are an angel investor/investment group/hedge fund our legal team will go over the various asset documents required.
Please understand no information regarding our business, structure, work flow, vendors, etc., will be provided or discussed without a signed notarized non-disclosure agreement, credit check & verification of proof of assets.
If you are a serious about franchising and would like to speak to We Play Loud about why investing in our team/company is smart business please complete the following form below:
The information on this website is for informational purposes only and is not intended as an offer to sell, or the solicitation of an offer to buy, a franchise; nor is it directed to the residents of any particular jurisdiction. The following states currently regulate the offer and sale of franchises: California, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Rhode Island, South Dakota, Virginia, Washington and Wisconsin. If you are a resident of one of these states, we will not offer you a franchise until we have completed the applicable registration or obtained the exemption from registration, and completed the applicable disclosure requirements. Regardless of what state you reside in, an offering can only be made by a franchise disclosure document. In addition, several countries regulate the offer and sale of franchises.