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Updated RecentlyKids 'R' Kids vs STEM for Kids Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Kids 'R' Kids vs STEM for Kids including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $4,401,000 - $5,701,000 | $49,500 - $83,650 |
| Franchise Fee | $115,000 | $39,500 |
| Royalty Fee | 6% | 7+% |
| Advertising Fee | 1% | 2% |
| Year Founded | 1985 | 2011 |
| Year Franchised | 1988 | 2014 |
| Term Of Agreement | 25 years + 10 | - |
| Term Of Agreement | 25 years + 10 | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | Interested candidates should have a minimum net worth of $750,000 and liquid assets of at least $300,000 | -Are you genuinely interested in STEM? -Do you understand the role STEM plays in today’s economy and society? -Are you active in your community and hungry to make a positive impact in young minds? -Are you self-directed, self-motivated and able to juggle through multiple priorities? -Do you have a strong desire to learn, grow and have fun in the process? |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/No | Yes/- |
| Start-up Costs | No/No | -/Yes |
| Equipment | No/No | -/- |
| Inventory | No/No | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
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| Training | Kids 'R' Kids Learning Academy's Operations and Support Team provides ongoing support for its franchisees and their businesses. Each franchised location has an assigned Operations Consultant to work directly with the franchise owner and act as the primary contact to assist with his or her needs. Thorough Training: Phase I - Business start-up training held at Support Center in Duluth, Georgia Phase II - Day-to-day Operations Training Class Phase III - Key Personnel training- Held on-site prior to opening | On-The-Job Training: 4 hours Classroom Training: 28 hours Additional Training: Virtual training |
| Support | The Operations & Support team is committed to providing support within the following departments: marketing, curriculum and instruction, administration, as well as state and federal government relations. | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Proprietary Software Franchisee Intranet Platform |
| Marketing | -Initial marketing plan -Pre-opening through Grand opening -Local marketing plan to acquire and retain customers -Social Media and Digital marketing program -Website -Customized local content -Public Relations -Brand and Local PR | Ad Templates Social media SEO Website development Email marketing |
| Operations | - | Number of Employees Required to Run: 1 |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | No | - |
| International Expansion | Yes | Yes |
Company Overviews
About Kids 'R' Kids
Veteran Incentives 10% off franchise fee
!["Entrepreneur]("https://d3fg11dgb68kbp.cloudfront.net/assets/photos/franchise-badge-22686037fc120ba1bd59c2c9fd6e0fbf.png"){kind=icon}
About STEM for Kids
STEM for Kids® provides educational enrichment in Robotics, Engineering and Computer Programming for children ages 4 - 14 through camps, afterschool programs, in-school field trips, workshops in schools and outside community spaces.!["Stem]("https://d1v10wa6gxsq73.cloudfront.net/images/sponsors/3385/STEM_01.jpg")
The secret sauce of our business model,the curricula is born in industry and developed inhouse to maximize real-world connections and educational alignment while providing fun-based learning experiences.
Veteran Incentives 12% off franchise fee