Play Street Museum FDD – Franchise Information, Costs and Fees
Type of Business
The franchisor offers franchises for the operation of “Play Street Museum” locations. “Play Street Museum” locations are clean, upscale and educationally-focused children’s museums, targeted primarily to children eight and under, to provide entertainment in a stimulating learning environment of creative and dramatic play.
PSM Worldwide, LLC was formed as a Texas limited liability company on July 18, 2016, and they maintain their principal place of business at 1900
Preston Road, Suite 267-291, Plano, Texas 75093. They have offered franchises for PSM Locations since the fourth quarter of 2016.
The total initial investment necessary to begin operation of a “Play Street Museum” location ranges from $304,650 to $761,140. This includes $270,100 to $358,100 that you must pay to the franchisor or their affiliates.
If you enter into an Area Development Agreement to develop multiple “Play Street Museum” locations, when you sign the Area Development Agreement you will pay a development fee in the amount of $15,000 for each location to be developed (a minimum of two). The development fee is applied toward the initial franchise fee payable for each location. The total investment necessary to develop two “Play Street Museum” locations ranges from $604,300 to $1,517,280. This includes $535,200 to $711,200 that must be paid to the franchisor or an affiliate.