Franchising since 1988 · 72 locations
The total investment to open a GROW BIZ INTERNATIONAL franchise ranges from $275,000 - $462,000. The initial franchise fee is $25,000. Ongoing royalties are 5% plus a 5% advertising fee. GROW BIZ INTERNATIONAL currently operates 72 locations (72 franchised). PeerSense FPI health score: 27/100.
$275,000 - $462,000
$25,000
72
72 franchised
Proprietary PeerSense metric
LimitedActive capital sources verified for GROW BIZ INTERNATIONAL financing
SBA
7(a) Eligible
21d
Avg Funding
P+2.25%
Best Rate
No retainers · Referral fee at closing
Established (25-99 loans)
SBA Default Rate
17.1%
13 of 76 loans charged off
SBA Loans
76
Total Volume
$8.9M
Active Lenders
37
States
30
For the discerning franchise investor navigating a landscape of shifting consumer preferences and economic volatility, the primary challenge often lies in identifying a business model that offers both inherent demand and a proven operational framework. Investing in a "Grow Biz International franchise" addresses the fundamental consumer problem of managing the lifecycle of goods, particularly for families with children who constantly outgrow clothing and equipment, by providing a cost-effective, sustainable solution. The historical "Grow Biz International, Inc." emerged as a significant player in the "ultra-high-value" retailing niche, specializing in concepts that bought, sold, traded, and consigned used and new merchandise, a model that directly solved the problem of affordability and convenience. Its origins trace back to 1983 when Martha Morris founded a used sporting equipment store in Minneapolis after personally struggling to resell a backpack, initially operating on consignment before expanding to outright purchases and new goods. By mid-1988, Morris sought franchise development assistance, collaborating with Ron Olson and Jeff Dahlberg, with Dahlberg contributing crucial franchising expertise from his family's hearing-aid business. The company, initially known as Play It Again Sports Franchise Corp., was officially renamed Grow Biz International, Inc. in August 1993. In the same month, Grow Biz International, Inc. executed a pivotal initial public offering (IPO), releasing 1.6 million common shares at $10 per share, which immediately saw its stock price surge to $15 per share on the first trading day, successfully raising approximately $16.7 million and establishing itself as a publicly traded entity. While the historical Grow Biz International, Inc. achieved a peak footprint of 490 stores across the U.S. and Canada by the end of 1993, with an additional 282 franchises awarded for future openings, the current "Grow Biz International franchise" profile indicates 59 total units, all of which are franchised, reflecting a distinct operational scale today. This historical entity's pioneering approach to the secondhand market, particularly through its "Once Upon A Child" concept targeting the children's and infants' clothing market, established a robust blueprint for capital efficiency and community engagement, positioning the "Grow Biz International franchise" as a noteworthy consideration for those seeking a resilient "franchise opportunity" in a value-driven segment.
The industry landscape for children's and infants' clothing stores, the core category for concepts like "Once Upon A Child" under the Grow Biz International umbrella, presents a robust and expanding market for franchise investment. The global children's wear market was valued at a substantial USD 283.37 billion in 2025 and is projected to escalate to USD 403.26 billion by 2031, demonstrating a compelling Compound Annual Growth Rate (CAGR) of 5.92% from 2026 to 2031. Another comprehensive report estimates the global kids apparel market size at USD 225.88 billion in 2025, with a significant projection to grow to USD 423.01 billion by 2034, achieving an even higher CAGR of 7.25% during that forecast period. Focusing specifically on the youngest demographic, the global baby apparel market alone was estimated at USD 177.1 billion in 2023 and is projected to reach USD 248.25 billion by 2030, growing at a steady CAGR of 4.8% from 2024 to 2030. These figures underscore a powerful secular tailwind for the "Grow Biz International franchise" model, driven by increasing disposable incomes, particularly among millennial and Gen Z parents, who are prioritizing premium, skin-safe, stylish, and personalized apparel for their children. The shift towards environmentally conscious and sustainable products is a key driver, with the secondhand market playing a crucial role, as premium garments can retain 40% to 60% of their original value, directly benefiting the buy/sell/trade model. While offline stores still command a significant 81.90% market share in 2025 for children's wear, reflecting parents' preference to assess fabric quality and fit in person, the rapid penetration of e-commerce, projected to rise at a 7.42% CAGR through 2031, indicates evolving distribution channels that a modern "Grow Biz International franchise" could leverage. The market's competitive dynamics see mass-market lines capturing 69.58% of spending in 2025, but premium offerings are set to expand at a 6.95% CAGR through 2031, further validating the "ultra-high-value" niche that Grow Biz International pioneered.
Analyzing the investment required for a "Grow Biz International franchise" necessitates a look at general industry benchmarks, as specific franchise fee and investment data for this historical entity are not available. For typical franchises in 2025, initial franchise fees generally range from $20,000 to $50,000, though larger or more established brands can command fees exceeding $75,000, setting a general expectation for the "Grow Biz International franchise fee". The total initial investment for retail franchises, which encompasses real estate, staffing, and equipment, often falls between $100,000 and $199,000, providing a contextual range for the potential "Grow Biz International franchise investment". This range accounts for variables such as store format, geographical location, and whether the franchisee is building out a new space or converting an existing one. While liquid capital and net worth requirements for a "Grow Biz International franchise" are not specified, prospective franchisees typically need sufficient liquid assets to cover initial operational costs and a healthy net worth to demonstrate financial stability for lenders. Ongoing royalty fees, which are a percentage of gross sales, typically range from 4% to 9% across the franchise industry, with some sources indicating an average of 6-10%, while professional services franchises often have higher rates between 8% and 12%; thus, a "Grow Biz International franchise" would likely fall within this range. Advertising fees, dedicated to national and regional campaigns, usually constitute 1% to 5% of gross sales, with prominent examples like McDonald's franchisees contributing approximately 4% of gross sales to national advertising, offering a benchmark for the ad fund contribution. Considering these industry averages, a "Grow Biz International franchise cost" is likely positioned as a mid-tier investment, accessible to a broad spectrum of entrepreneurs. As Grow Biz International, Inc. became a publicly traded entity in August 1993, raising approximately $16.7 million through its IPO, it operated without a traditional parent company, relying on its shareholder base for corporate backing. For potential investors, financing considerations include the possibility for veterans to qualify for up to 80% financing from the SBA, which can significantly ease the initial capital burden for a "Grow Biz International franchise".
The operating model for a "Grow Biz International franchise," particularly concepts like "Once Upon A Child," centers around a dynamic retail environment involving buying, selling, and trading used children's clothing, toys, and equipment, alongside new merchandise. Daily operations for a franchisee involve meticulous inventory management, proactive sales strategies, and exceptional customer service, all supported by a standardized system. Staffing requirements involve hiring and training a team capable of evaluating merchandise quality, handling transactions, and maintaining a customer-friendly store environment, with emphasis on developing strong front-line managers. Grow Biz International, Inc. historically provided a comprehensive support package designed to streamline operations and enhance franchisee success, including essential management training to equip franchisees with the skills to effectively run their businesses. This training was complemented by practical store opening assistance, offering crucial support during the initial and often challenging launch phase of a new location, ensuring the "Grow Biz International franchise" was set up for success from day one. Beyond the initial setup, franchisees benefited from ongoing guidance through periodic field support visits from the franchisor, providing continuous assistance and operational insights. Critical operational tools included Point-of-Sale Computerized Information Systems, designed to provide technological support for efficient operations, and centralized buying and warehouse services, which streamlined procurement and offered economies of scale for franchisees. The franchisor also provided advertising and marketing assistance, helping franchisees promote their businesses effectively within their local markets. Franchisees were generally required to adhere to specific guidelines regarding store design, the use of television advertising that emphasized the unique buy/sell concept, and standardized merchandise purchasing processes, ensuring brand consistency across the "Grow Biz International franchise" network. While specific territory information for the current "Grow Biz International franchise" is not available, historically, territory protection against other franchisees opening too close was a crucial aspect for prospective franchisees to investigate, as some franchisors might allow such competition, potentially cannibalizing sales. The comprehensive training and ongoing support structure suggests an owner-operator model, where active franchisee involvement is key to leveraging the provided resources and ensuring adherence to the established operational standards of the "Grow Biz International franchise."
When evaluating the financial performance of a "Grow Biz International franchise," it is critical to note that Item 19 financial performance data is NOT disclosed in the current Franchise Disclosure Document, meaning specific average revenue per unit, median revenue, or profit margins are not publicly available from the franchisor. This absence of formal financial performance representations requires prospective investors to rely on historical context, industry benchmarks, and the inherent strengths of the business model. Historically, in 1995, Play It Again Sports franchises, a flagship concept under the Grow Biz International umbrella, were notably described as "moneymakers for their owners," a situation considered atypical for the general franchise environment at that time. This suggests a positive historical financial outlook and strong unit-level performance for franchisees operating within the Grow Biz International, Inc. system. The company's rapid growth trajectory, reaching 490 stores operating across the U.S. and Canada by the end of 1993, with an additional 282 franchises already awarded, further indicates a robust demand for its concepts and a successful business model capable of attracting numerous investors. The "Grow Biz International franchise revenue" potential is also contextualized by the significant market size and growth rates of the children's wear industry, valued at USD 283.37 billion in 2025 and projected to reach USD 403.26 billion by 2031 with a 5.92% CAGR. The "ultra-high-value" retailing niche, which focuses on buying, selling, trading, and consigning used merchandise, inherently offers a distinct revenue model that can achieve higher profit margins on acquired inventory compared to traditional new-goods retail. This model also benefits from the strong retention of value in premium secondhand children's garments, which can retain 40% to 60% of their original value, providing a consistent supply of quality inventory and appealing to value-conscious consumers. While precise figures for "Grow Biz International franchise revenue" are not available, the historical success, the inherent advantages of the secondhand market model, and the robust growth of the children's apparel sector collectively suggest a compelling potential for unit-level profitability, making the "Grow Biz International franchise investment" attractive to those seeking a proven concept in a resilient market.
The growth trajectory of Grow Biz International, Inc. showcases a period of remarkable expansion and strategic market penetration, particularly in the early 1990s. The company experienced rapid growth, culminating in 490 stores operating across the U.S. and Canada by the end of 1993, with an impressive additional 282 franchises already awarded for future openings, of which eight stores were corporate-owned. This significant unit count growth trajectory demonstrates strong demand for the "Grow Biz International franchise" concept and a successful franchising model. International expansion commenced in 1991 with the franchising of Play It Again Sports stores globally, followed by joint venture agreements in 1993 to establish franchises in Europe and Mexico. While the company withdrew from the Mexican market by late 1994, closing its two corporate-owned stores there, franchised stores in Germany continued operations despite corporate losses in that venture, highlighting the resilience of the franchised model. The company's diverse portfolio of franchised businesses included well-known brands such as Play It Again Sports, Once Upon A Child, Computer Renaissance, Music Go Round, and Disc Go Round, showcasing a broad competitive moat built on its expertise in the "ultra-high-value" retailing niche. For the historical "Grow Biz International, Inc.," recent corporate developments are primarily rooted in the mid-1990s, including its pivotal IPO in 1993 and its attempts at international market entry. However, the current "Grow Biz International franchise" profile, with 59 total franchised units, indicates a more focused or distinct operational footprint today, potentially representing a streamlined or refocused entity compared to its historical peak. The competitive advantage of the "Grow Biz International franchise" model lies in its established brand recognition for concepts like Once Upon A Child, its proprietary systems for buying, selling, and trading used merchandise, and its ability to provide a comprehensive support package to franchisees. This includes centralized buying and warehouse services, point-of-sale computerized information systems, and robust management training, all contributing to a scalable and efficient operational framework. The brand's inherent adaptability to current market conditions, particularly the growing consumer demand for sustainable and value-driven options in the children's wear market, which is projected to grow to USD 403.26 billion by 2031, ensures its continued relevance and appeal as a resilient "franchise opportunity."
The ideal candidate for a "Grow Biz International franchise" is typically an entrepreneur with a strong aptitude for retail management, possessing the drive to operate an owner-operator model. While specific industry experience is not strictly required, a background in managing staff, inventory control, sales, and customer service would be highly beneficial, enabling the franchisee to quickly adapt to the daily operational demands of a children's and infants' clothing store. The comprehensive training and support structure provided by the franchisor, including management training and store opening assistance, equips dedicated individuals with the necessary tools for success, even if they are new to the specific niche. Prospective franchisees must be willing to adhere to established guidelines concerning store design, marketing strategies, and standardized merchandise purchasing processes, which are critical for maintaining brand consistency and operational efficiency across the "Grow Biz International franchise" network. While multi-unit expectations are not explicitly detailed for the current "Grow Biz International franchise," the historical rapid expansion of Grow Biz International, Inc. to 490 units by 1993 suggests the underlying business model is conducive to scaling and multi-unit development for ambitious franchisees. Available territories for the "Grow Biz International franchise" would depend on the current strategic focus of the entity operating under this name, but historically, the brand demonstrated success across the U.S. and Canada. Geographically, markets with strong population growth, particularly in the infant/toddler segment (advancing at a 6.57% CAGR to 2031) and the "below 5 years" segment, are expected to perform best, driven by increasing birth rates and rising household incomes. Asia-Pacific, dominating the global children's wear market with a 40.69% market share in 2025 and projected to be the fastest-growing region with a 7.92% CAGR, and North America, leading the baby apparel market with a 33.4% revenue share in 2023, represent regions with significant underlying demand. The timeline from signing the franchise agreement to store opening is not specified, but typically involves site selection, build-out, training, and initial inventory procurement. Franchise agreement term length is not available, but investors should carefully review renewal terms and considerations for transfer and resale, which are standard components of any "Grow Biz International franchise investment."
The "Grow Biz International franchise" represents a compelling investment thesis for entrepreneurs seeking to capitalize on the robust and growing children's wear market, valued at USD 283.37 billion in 2025 and projected to reach USD 403.26 billion by 2031, demonstrating a 5.92% CAGR. This "franchise opportunity" is strategically positioned within the "ultra-high-value" retailing niche, a sector that directly addresses consumer demand for affordability and sustainability by specializing in buying, selling, trading, and consigning used and new merchandise. The historical success of Grow Biz International, Inc., which grew to 490 stores across North America by 1993 and saw its Play It Again Sports franchises described as "moneymakers for their owners" in 1995, underscores the enduring viability and profitability of its core business model. While the current "Grow Biz International franchise" profile indicates 59 total franchised units, this focused footprint operates within an industry experiencing strong tailwinds, including increasing disposable incomes among millennial and Gen Z parents and a significant shift towards environmentally conscious products, with premium secondhand garments retaining 40% to 60% of their original value. Despite Item 19 financial performance data not being disclosed in the current FDD, the foundational principles of the Grow Biz International model, combined with comprehensive historical support for franchisees including management training, centralized buying, and marketing assistance, present a resilient and adaptable business. For those considering a "Grow Biz International franchise investment," the opportunity lies in leveraging a proven concept within a consistently expanding consumer segment that prioritizes value and sustainability. PeerSense provides exclusive due diligence data including SBA lending history, FPI score, location maps with Google ratings, FDD financial data, and side-by-side comparison tools. Explore the complete Grow Biz International franchise profile on PeerSense to access the full suite of independent franchise intelligence data.
FPI Score
27/100
SBA Default Rate
17.1%
Active Lenders
37
Key performance metrics for GROW BIZ INTERNATIONAL based on SBA lending data
SBA Default Rate
17.1%
13 of 76 loans charged off
SBA Loan Volume
76 loans
Across 37 lenders
Lender Diversity
37 lenders
Avg 2.1 loans per lender
Investment Tier
Significant investment
$275,000 – $462,000 total
Estimated Monthly Payment
$2,847
Principal & Interest only
GROW BIZ INTERNATIONAL — unit breakdown
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