Wanna Play Playcare Franchise Cost & Profit Opportunity Review

March 27, 2019


Beginning and building a new business is hard work and time-consuming. Quite often, it gets pretty costly as well. But when you choose to franchise a specific business instead of building your own business from scratch, it takes a little bit of the load off. Of course, you will still have a lot of responsibilities, but at least you won’t have to build an entire brand from the ground up.

 

However, then you have to worry about keeping the reputation of the company in good standing. Especially when the company is in an industry that deals with children. And that’s the exact industry that this company is in. It’s called Wanna Play Playcare.

 

And it’s a playcare an daycare center that focuses on the well being of children. Not only that but it also offers extremely flexible hours. So that you can choose to drop your child off any time when you need a break.

 

How awesome is that? Considering it’s pretty challenging to find a reliable and safe babysitter. This type of business is one that I can see being very successful. But is it growing like it should be expected to?

 

Because when it comes time to make your decision and purchase a franchise business, you are going to want to make sure that the company has amazing statistics. And that the actual business is doin well for itself.

 

But before we get too far ahead of ourselves, let’s take a look at what Wanna Play Playcare is actually about. We are going to take a look into the company and its background to find out all of the details. So that you can make a well-informed decision for your new business venture.

What is Wanna Play Playcare?

When it comes to the safety and well-being of your children, you can’t just trust anyone. Those are your babies. And I’m sure that you would do anything to protect them and keep them safe. But let’s face it. We, parents, need breaks too. Am I right? And that’s exactly what Wanna Play Playcare offers.

A safe and fun learning environment for children that offers flexible services. At this playcare center, you will find a fulltime care option, drop-in care services, after-school pick-ups, preschool, and even day camps. This makes it extremely easy to take advantage of a unique and benefitial child care service.

 

The staff at Wanna Play Playcare understands the importance of quality childcare. And they know how busy and unpredictable life can get. That’s exactly why they choose to be unique by offering these flexible options that are also affordable for everyone.

 

Whether you are looking to run an errand, need some quality personal time, or require flexible hours for your job, Wanna Play Playcare has you and your family covered. And you feel rest assured that your child is growing and learning in a safe and fun environment surrounded by staff that care.

 

Kids between the ages of 6 weeks and 12 years old can enjoy a trusted environment where they can play, develop trust and compassion, and be surrounded by loving staff. It’s said that children learn mostly through play. And that’s why this playcare center is based around play.

 

But they ensure that each staff that is on-board is CPR certified, has a clear criminal background, and passes fingerprints as well. So, you can feel secure in knowing that your children will be safe in their hands.

 

This is exactly the type of child care facility that the world needs a little more of. But is it the right choice for your new business? It could be. But it could also be a flop. Let’s dive a little deeper and find out what makes this franchise business so special.

Here’s the Background on the Opportunity

The growth of a company can show you how well the business is doing. But what happens when there is no growth at all? What happens when there are no recorded locations of franchises for a company. Well, that means that you get the chance to become one of the first. It’s almost like a ground-level opportunity.

 

And it could be quite a game-changer. But, then again, there isn’t much to go on when it comes to statistics. And in this case, that’s what we are dealing with. Back in 2014 when this opportunity first began, there were no franchise locations operating. Just three years later at the end of 2017, the company still had no recorded franchise locations. And honestly, that could be both good and bad.

 

Because there is nothing to base our numbers on. And there is nothing to compare it to. But, as I mentioned before, this could also be a good sign. Since you can grow with the company from the beginning. And since the company has only been offering this opportunity for about 5 years, when we see a lack of growth, it doesn’t seem to be too worrying.

 

The good news is that once you sign up as a franhise owner for Wanna Play Playcare, you receive a decent amount of benefits. Including a low level of financial transparency. I know what you must be thinking. How can it be a good benefit if they only offer a low level of transparency? Simple. Because there are some businesses out there that won’t offer you any type of financial transparency at all.

 

With this company, you will receive data on detailed expenses, as well as the sales numbers from locations that are owned by affiliates. In addition, you also receive the proper training and support to get you started and keep you going with your new business. Both of these details are extremely helpful for any new business.

 

Sounds pretty decent, right? But will you even meet their requirements to begin the process of owning this franchise? Let’s take a look and see.

What’s Required From You?

When you have an opportunity that doesn’t give you much on the background and you don’t have any type of growth to look at, the next big factor to check out are the requirements to see if you meet those expectations. Or even if they meet your expectations in what you are looking to spend on your new business.

 

Fortunately, this company has a detailed list of the average requirements for purchasing a franchise. And they throw a few benefits in there as well.

 

Your initial franchise fee will be $40,000 that is due once you sign your 10-year term agreement. However, your total investment with be between $278,450 and $444,200. And when there are no finance options or refunds available, you need to make sure that this is the best personal choice.

 

There will also be ongoing fees that you are responsible for paying to the company. This would be the major difference between owning a franchise and building your own business from scratch. There is a 5% or $375 per week royalty fee based on your gross sales. Whichever is the higher amount is what you will be required to pay. There is also going to be a 2% advertising fee.

As a franchise owner for Wanna Play Playcare, you do have the opportunity to receive your territory rights to the franchise location you purchase. And the company also provides discounts if you choose to purchase more than one location. But again, they will not give you any finance options or refunds. So if you need help paying the fees, you will have to find another way to lend the money.

An Honest Opinion

Sure, this is an incredible service that this facility offers. And it seems to be top-notch. However, there are a couple things that concern me. One is the lack of growth. It makes me question whether or not people are even showing interest in this facility. Since there hasn’t been interest in the franchise opportunity.

 

It also makes me wonder if there are some deeper issues surrounding this company and its history. However, the actual company does seem legitimate and certifiable enough to put your trust in it. But is it a truly fantastic franchise opporunity? That’s one thing that we can’t really answer. Considering there are no statistics on the number of locations since there hasn’t been any opening up.

 

The good part about this opportunity, however, seems to be that they offer a decent amount of benefits that you can take advantage of. Not many companies will offers extensive training, support, and financial transparency. Many companies also will not provide you with territorial rights to your franchise.

 

So, when we take a look at both the pros and cons of this business opportunity, they seem to balance each other out. And I truly think, overall, that this business has potential. But, proceed with caution. And always question the company to find out as much information as you can on the background and why there hasn’t been any type of growth over the past 5 years.

Concluding the Review

Here, we took a look at a fantastic child care facility that offer franchise oppotunities to the public. The facility overall has an amazing concept with their many options for flexibility. And they seem extremely safe and reliable. As a company, that is great business. But on the franchise end, there isn’t much to go by from their background.

 

It can be worrying when there aren’t any statistics to look at. But there are other ways to ensure that this is a good business opportunity. Taking a look at the requirements and benefits show us that there is definitely potential for a decent opportunity.

 

But is it the opportunity that you will want to jump on? That’s a decision that you will have to make for yourself. However, I can tell you that there seems to be both good and bad aspects to this opportunity. So it’s always best to talk with the company to find out more about their background before going any further.

 

If you are passionate about this industry and Wanna Play Playcare stands out to you as a great business opportunity, then contact the company to get started on learning more about how you can become a franchise owner.

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