| ||||
Updated RecentlyMath Monkey vs STEM for Kids Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Math Monkey vs STEM for Kids including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $99,000 - $164,000 | $49,500 - $83,650 |
| Franchise Fee | $31,500 | $39,500 |
| Royalty Fee | 6% | 7+% |
| Advertising Fee | - | 2% |
| Year Founded | 2006 | 2011 |
| Year Franchised | 2006 | 2014 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
||
| Experience | - | -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 |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | Yes/- |
| Start-up Costs | -/- | -/Yes |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
||
| Training | - | On-The-Job Training: 4 hours Classroom Training: 28 hours Additional Training: Virtual training |
| Support | - | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Proprietary Software Franchisee Intranet Platform |
| Marketing | - | Ad Templates Social media SEO Website development Email marketing |
| Operations | - | Number of Employees Required to Run: 1 |
Expansion Plans |
||
| US Expansion | - | Yes |
| Canada Expansion | - | - |
| International Expansion | - | Yes |
Company Overviews
About Math Monkey
Math Monkey is an education company dedicated to bridging the gap between traditional educations, whether public or private, and the true needs of tomorrow's leaders to succeed in the hypercompetitive global economy.
By instilling a love of math in young children, Math Monkey will be able to nurture future generations of creativity and innovation.
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
!["Entrepreneur]("https://d3fg11dgb68kbp.cloudfront.net/assets/photos/franchise-badge-22686037fc120ba1bd59c2c9fd6e0fbf.png"){kind=icon}
#280 in Franchise 500 for 2020.
#173 in Franchise 500 for 2021.