With a total of $47.8 billion in revenue, it's no wonder children's educational franchises were named the fastest growing franchising sector by Entrepreneur Magazine. In fact, Idea Lab kids has won the “Top Innovation Award” by the Houston Business Journal. We have seen some phenomenal growth in the past two years and are super excited at our prospects for 2020 and beyond.
To buy a franchise with IDEA Lab Kids International Franchise Co., you'll need to have at least $90,000 in liquid capital and a minimum net worth of $300,000. Franchisees can expect to make a total investment of $150,000 - $365,000. IDEA Lab Kids International Franchise Co. charges a franchise fee of $35,500. They also offer financing. *
What does Liquid Capital mean?
What is Net Worth?
|Total Investment:||$150,000 - $365,000|
What does Total Investment mean?
What is a Franchise Fee?
|Initial Working Capital:||$50,000 – $100,000 Depending on rent and revenue|
|Home Office:||Houston, TX|
What started with a rented space in the back of another business is now worldwide. IDEA Lab Kids is a true innovator in the STEAM educational space. IDEA Lab Kids offers camps, classes, workshops, and birthday experiences using coding, engineering, arts, science, 3D design, augmented reality, and other innovative subjects. IDEA Lab Kids’ inquiry-based STEAM – Science, Technology, Engineering, Arts, Mathematics – learning merges the principles of STEM learning with creativity to build critical-thinking skills through FUN, hands-on preschool enrichment, after-school classes, camps, birthday experiences, and workshops.
Science and math used to be for geeks. Not anymore! IDEA Lab Kids integrates the subjects of Science, Technology, Engineering, Math, and now Art, to offer some of the most interesting combinations of classes.
Each class, camp, and activity is carefully constructed to provide the ultimate design-based-learning environment while providing a FUN hands-on experience. From figuring out mechanics of spaceship engineering using recycled materials to creating scrumptious desserts in our Culinary Arts series, our IDEA Lab kids are provided the necessary tools to QUESTION, LEARN and INVENT out-of-the-box solutions through arts, sciences, technology, creativity and natural play!
Year-round income stream with activities for children ages 4 -14, including:
IDEA Lab Kids was founded as a way for kids to explore their love of science, technology, engineering, art, and math subjects. The Houston-based education brand has positioned itself to become a leader in the growing STEAM education space with a cutting-edge curriculum, proven business model and strong franchisee support infrastructure.
According to the U.S. Department of Commerce, over the past 10 years, STEM – Science, Technology, Engineering and Mathematics – jobs grew three times as fast as non-STEM jobs and STEM workers commanded higher wages, earning 26% more than their non-STEM counterparts.
Research shows that in the near future 2.4 million STEM jobs in the US will go unfilled. Just in the next decade, the number of STEM jobs will grow 13 percent, compared to 9 percent for non-STEM jobs—with positions in computer science, engineering, and advanced manufacturing leading the way.
By making STEAM a focus, we are preparing a society that is more informed on complex issues. Even if the next generation chooses to not pursue these fields as a career, they will undoubtedly bring many of these skills to whatever they end up doing! According to the same U.S. Department of Commerce report, “STEM degree holders enjoy higher earnings, regardless of whether they work in STEM or non-STEM occupations.”
10+ Prestigious Campus Locations – For 5 years, the schools have vetted and hosted our summer programs. Multi-Year contracts with nation chain schools. Ask us about it!
50 + Innovative STEAM Courses /Workshop /Birthday Parties – Choose from the latest courses in coding, game design, VR, robotics, engineering, 3D printing, and more.
7,500 Idea Lab Students & Alumni – More families choose Idea Lab over other S.T.E.A.M. programs. Profiled by Debra Duncan at Great Day Houston, Fox Network for unique and fun place for curious kids.
Proved model of success in any area because
Host an annual franchisee meeting. Webinars and teleconference trainings designed to keep you informed and ahead of market need. Ongoing communications on ways to grow your business. Telephone consultations with our franchisee support team.
We're looking for franchise owners who are outgoing and have an outstanding passion for education, being parents themselves looking for enrichment opportunities to advance their little ones. A person who can build relationships, lead a team, and who has the motivation to excel and is results-oriented! You must have a minimum of $90k in liquid capital, and be ready to make a full-time commitment.
Interested parties should have at least $90,000 in liquid capital to invest.