How Much Does a Magikid Franchise Cost?

Initial Franchise Fee

The initial franchise fee for Magikid is $55K. This one-time payment covers the right to operate under the brand, access to proprietary systems, and initial training programs.

Total Investment Range

Opening a Magikid franchise requires a total investment of $145K – $242K. This range typically includes real estate or leasehold improvements, equipment and fixtures, initial inventory, signage, insurance, and working capital to sustain operations during the ramp-up period.

Working capital alone ranges from $15K to $30K.

Ongoing Costs

Beyond the initial investment, Magikid franchisees pay ongoing fees. The royalty fee is 7.0% of gross sales (Gross Sales). The advertising or brand fund contribution is 2.0% of gross sales. There is also a technology fee of $500.

Net Worth & Liquid Capital Requirements

Magikid requires working capital of $15K – $30K to cover initial operating expenses. This is the liquid cash you should have available beyond the franchise fee and buildout costs.