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Updated RecentlyEuroKids vs I Know Science STEM Center & Toy Store Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of EuroKids vs I Know Science STEM Center & Toy Store including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $103,000 - $206,000 | $121,000 - $204,500 |
| Franchise Fee | N/A | $60,000 |
| Royalty Fee | - | 6% |
| Advertising Fee | - | - |
| Year Founded | - | - |
| Year Franchised | - | - |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | * Enjoy working with young children. * An entrepreneurial spirit and strong desire to succeed * The ability to manage finances * A willingness to personally devote full time and best efforts to the day-to-day operation of the EuroKids Pre School * A willingness to complete a comprehensive training program and become proficient in all aspects of operating a EuroKids Pre School. * Financial resources * Committed to the cause of providing good quality education to young children. | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| Training | EuroKids India trains qualifying Franchisees in the EuroKids curriculum and delivery method, as well as business strategies for owning and operating a successful EuroKids franchise. In addition to this franchisees also take part in our continuing skill enhancement programs. | - |
| Support | - | Our support system is consistent throughout the lifetime of our partnership and we assist you every step of the way. If becoming a business owner is appealing to you and you have a passion for being part of an industry that makes a fantastic, long-lasting, and positive impact in the community, then owning your own I Know Science™ STEM Center & Toy Store would be one of the most rewarding experiences in your lifetime. |
| Marketing | - | - |
| Operations | - | IKS has developed a simple and straightforward approach to an edutainment business that is easy to learn and execute. You will leave training with the right tools, knowledge, support, attitude and confidence needed to start and grow your own successful edutainment business through the I Know Science brand. Territories will be based on a population no less than 75,000 with a specific market as well as a geographical radius. Other factors that are considered are, number of homes in the area, median household income, existence of competition, rent, and more. We will support you in finding the right location. I Know Science™ exclusive territories are one of the key benefits we offer and are only available to you as an early franchisee. Certain territories can offer a competitive advantage in the sales/marketing environment. Please contact us to discuss available territories and or your preferred territory. |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | - | - |
| International Expansion | - | Yes |
Company Overviews
About EuroKids
To qualify to be a EuroKids franchisee you will need to possess a minimum area of 1500 sq feet (self owned or rented) in a quiet, tranquil and peaceful locality. The premises should be on the ground floor with an open outdoor area to match which will act as the outdoor play area. The premises should also have independent access, attached toilet facilities and should be well ventilated. Preference will be accorded to independent houses with above mentioned minimum facilities. The initial investment will be in the range of INR 5,00,000/- to INR 10,00,000/- The initial investment would be towards ambience and equipment costs and would include the start up franchisee. Please also note that the initial investment is dependent on the model of the Pre-School and could vary based on location and other factors. Selected franchisees will undergo an extensive training program on the business strategies for owning and operating a successful Pre-School. In addition to these franchisees and their staff members will receive initial and continuous training for the EuroKids curriculum and the delivery method. But the fundamental requirement to be a EuroKids franchisee is the commitment to help carry forward our ambition of making learning a fun experience for kids. So if you love working with children EuroKids is the best opportunity you could ask for!