The Kool Kidz Childcare story has been 25 years in the making and counting. From the very first Kool Kidz Childcare in Rowville to 14 services in Victoria with an additional 12 childcare services to be built and operated in and around Melbourne. There has never been a better time to become a Kool Kidz owner and be part of our franchising success story.
Why invest in a Childcare centre?
Childcare represents a fantastic business opportunity for motivated operators. However, without experience and industry knowledge, the prospect of opening a licensed service quickly becomes daunting. Copious regulations and requirements make it very challenging to build a licensable facility.
With over two decades of experience in the industry, and having licensed over 20 facilities, Kool Kidz Childcare in Victoria is able to confidently mitigate this risk for individuals who want to pursue an endeavour in a long daycare.
Frequently Asked Questions
Why should I consider becoming a Kool Kidz Approved Provider instead of going it alone
The number one incentive for joining the Kool Kidz childcare franchise is minimising risk. The childcare industry in Australia is highly regulated and requires a deep level of understanding in order for an operator to be granted service approval.
Kool Kidz childcare has over 25 years of experience in the childcare in Melbourne, and has never had a childcare service fail to achieve a license from the Department of Education and Training.
All Kool Kidz childcare services are designed with efficiency in mind, and above all else, achieving the best outcomes possible for children. In addition to this level of assurance, franchisees will benefit from the goodwill that will come with being a part of a recognizable brand with an established reputation in Victoria.
Becoming a part of the Kool Kidz early learning family also provides franchise partners with unique networking and learning opportunities that would otherwise not be available to them.
Do I need to be an Australian citizen to hold permanent residency to become a Kool Kidz franchise partner?
In order to claim childcare subsidy (CCS) from the government, you need to be an Australian citizen. Without revenue from CCS, the profitability of your Kool Kidz childcare would be severely hampered.
How much money will I need to invest?
The investment to own a childcare centre is largely determined by the licensed capacity of the service that you are purchasing. For example, for 130 licensed places the minimum investment is approximately $1.5 million, for 168 licensed places the minimum investment is approximately $1.9 million.
Is it possible that the sale price of my service could fluctuate over time?
Yes, all prices provided by Kool Kidz childcare at the time of signing the franchise agreement are estimates only. The prices provided are based on the most recent services we have fitted out. If your service is 2 years away from opening, you will need to be aware and consider the potential impact of inflation on the prices that you have been provided.
If I can’t afford the initial investment, can I pool money together with family and friends?
It is possible to crowd-fund the initial investment. However, it is important to note that Kool Kidz will only have a contractual relationship with the franchise partner. For example, if you have secured funds from family and friends, they will be considered as silent investors. They will have no control or influence over the operation of the Kool Kidz childcare service. It is also important to note that Kool Kidz has seen franchise partners achieve 50% finance in the past from major banks, and this is an avenue that we encourage franchise partners to explore.
What qualifications do I need to be considered as an Approved Provider?
You do not need any formal qualifications in order to be granted Approved Provider status, however, it is a Kool Kidz’s expectation that Franchise Partners are at least working towards a Certificate III in Early Childhood Education and Care within the first two years of operating your service.
Will I need to sign a License Agreement?
The Licensor company Hortis & Associates Pty Ltd will be responsible for the head lease and will enter into a sub-lease arrangement with the Franchise Partner.
For more FAQ’s on how to become a Kool Kidz Childcare owner, visit our page HERE
Current Opportunities
We are excited about expanding Kool Kidz in Melbourne and have the following franchise opportunities available.
Werribee
Wallan
Officer
Hoppers Crossing
Lilydale
Armstrong Creek
Clyde
Mount Duneed
Harkness
Ready to Take the Next Step?
If you think that you are a good match for Kool Kidz, and would like to explore our franchising opportunity further, including our minimum investment requirements, we look forward to meeting with you.
Simply fill in the franchise enquiry form and our recruitment partner will be in contact with you to answer your queries.