Bach to Rock vs Idea Lab Kids Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Bach to Rock vs Idea Lab Kids including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$292,700 - $525,225 | $60,200 - $281,000 |
Franchise Fee |
$40,000 | $35,500 |
Royalty Fee |
7% | 11%-9% |
Advertising Fee |
2% | 1% |
Year Founded |
2007 | 1990 |
Year Franchised |
2011 | 2016 |
Term Of Agreement |
10 years | - |
Term Of Agreement |
10 years | - |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
* Strong management, business, sales and/or marketing background
* Music experience not necessary | Skills and abilities that we look for in a successful Idea Lab Kids® business owner.
Are you genuinely interested in S.T.E.A.M? Do you understand the role S.T.E.A.M 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 |
No/Yes | -/Yes |
Start-up Costs |
No/Yes | -/Yes |
Equipment |
No/Yes | -/Yes |
Inventory |
No/Yes | -/Yes |
Receivables |
No/Yes | -/- |
Payroll |
No/Yes | -/- |
Training & Support |
Training |
On-The-Job Training: 24 hours
Classroom Training: 40 hours
|
On-The-Job Training: 50 hours
Classroom Training: 30 hours
|
Support |
Purchasing Co-ops
Newsletter
Meetings/Conventions
Toll-Free Line
Grand Opening
Online Support
Security/Safety Procedures
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
| Purchasing Co-ops
Newsletter
Meetings/Conventions
Grand Opening
Online Support
Security/Safety Procedures
Field Operations
Site Selection
Franchisee Intranet Platform
|
Marketing |
Ad Templates
National Media
Regional Advertising
Social media
SEO
Website development
Email marketing
| Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social media
SEO
Website development
Email marketing
Loyalty program/app
|
Operations |
Number of employees needed to run franchised unit: 1 full-time; 5-10 part-time
Absentee ownership of franchise is allowed. | Our franchisee business partners will have the option of taking an active role in the business as the full-time General Manager or choose to hire a full-time Program Coordinator and serve as a consultant.
Physical location is not required until 12-18 months in order to allow sufficient ramp up.
|
Expansion Plans |
US Expansion |
Yes | Yes |
Canada Expansion |
- | - |
International Expansion |
- | Yes |
Company Overviews
About Bach to Rock
Now is the time to join one of the hottest industries and one of the fastest growing companies. Music has never been more central to popular culture. From television shows like American Idol, America's Got Talent and Glee, to video games like Guitar Hero and Rock Band, America's never been more addicted to music.
The proliferation of music in pop culture and evidence of its impact upon cognitive development have driven steady increases in the number of people participating in school music activities, private lessons and musical instrument ownership. And Bach to Rock, America's Music School, is poised to meet this growing demand.
Bach To Rock is the Music School for students of all ages.Bach To Rock's unique method is based on the knowledge that students learn best when they join together to play the music they like the most. That's why we use special arrangements of the music of our time and combine individual lessons with band instruction. Weekly "jam sessions" lead to Battles of the Bands and recording sessions in Bach To Rock Studios, our own professional recording facilities. Bach To Rock also holds regularly scheduled public concerts that encourage students to become seasoned performers. These creative group activities foster teamwork, build self-esteem and motivate students to perfect their musicianship through independent practice.
In 2019 the total investment necessary to begin operation of a Bach to Rock
franchise was $281,650 to $519,725. This includes $45,000 that must be
paid to the franchisor or its affiliates. If you sign an Area
Development Agreement to develop multiple Bach to Rock schools in a
specified area, you must also pay the franchisor an area development fee
equal to the greater of 50% of initial franchise fees that are required
for each Bach to Rock school or $20,000.
Veteran Incentives 50% off franchise fee; royalty fee waived for six months
#239 in Franchise 500 for 2020.
#240 in Franchise 500 for 2021.
About Idea Lab Kids
Idea Lab Kids is an enrichment center dedicated to providing the most innovative S.T.E.A.M education in the form of afterschool camps, classes and birthday parties.
Our unique business model allows for two revenue generating sources:
Onsite- Mobile camps and classes
Offsite- Physical Facility offering in house afterschool camps and weekend birthday parties
Note- Physical location is not required until 12-18 months in order to allow sufficient ramp up.
Idea Lab Kids engages K-8 students in supplemental Science, Technology, Engineering, and Math (S.T.E.A.M) education - giving them real academic advantage in school in addition to the skills and motivation they need
to prepare them for 21st century jobs.
IDEA Lab Kids is a unique kids franchise opportunity that allows our franchisee business partners to build a financially viable business by providing multiple revenue streams. We are seeking to partner with driven professionals and investors who have a passion for building a profitable business while also making a
positive impact in their community by providing S.T.E.A.M Education.
A background in childcare or education and a passion to educate kids is desirable to succeed as an
IDEA Lab Kids franchisee. In the children's franchise industry, franchise owners today come from diverse backgrounds and have a common goal of making a difference in early childhood education and achieving financial success.
Our franchisee business partners will have the option of taking an active role in the business as the full-time General Manager or choose to hire a full-time Program Coordinator and serve as a consultant.
Veteran Incentives 5% off franchise fee
#316 in Franchise 500 for 2021. Not in Franchise 500 for 2020.