Idea Lab Kids vs MUSE Global Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Idea Lab Kids vs MUSE Global including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$60,200 - $281,000 | $432,125 - $2,204,325 |
Franchise Fee |
$35,500 | $50,000 |
Royalty Fee |
11%-9% | 5% |
Advertising Fee |
1% | N/A |
Year Founded |
1990 | 2006 |
Year Franchised |
2016 | 2018 |
Term Of Agreement |
- | - |
Term Of Agreement |
- | - |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
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? | Passionate about education and the environment, financially qualified and must meet state guidelines for early childhood.
Director and staff must have teaching degrees and certifications.
|
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
-/Yes | -/- |
Start-up Costs |
-/Yes | -/- |
Equipment |
-/Yes | -/- |
Inventory |
-/Yes | -/- |
Receivables |
-/- | -/- |
Payroll |
-/- | -/- |
Training & Support |
Training |
On-The-Job Training: 50 hours
Classroom Training: 30 hours
| 2 weeks of classroom training in California, followed by field training, virtual/video training, and mentoring included to ensure success
|
Support |
Purchasing Co-ops
Newsletter
Meetings/Conventions
Grand Opening
Online Support
Security/Safety Procedures
Field Operations
Site Selection
Franchisee Intranet Platform
| Mentoring |
Marketing |
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social media
SEO
Website development
Email marketing
Loyalty program/app
| - |
Operations |
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.
| Franchisee can be semi-absentee/absentee after doors open, unless they also serve as Director of School.
M-F 8:30-3:30 typical school hours.
|
Expansion Plans |
US Expansion |
Yes | Yes |
Canada Expansion |
- | - |
International Expansion |
Yes | Yes |
Company Overviews
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.
About MUSE Global
Over the past twelve years, Suzy Amis Cameron and James Cameron, with Rebecca Amis, have been mavericks in the education field, innovating two highly successful MUSE School campuses - affectionately referred to as “mother ships”- located in Calabasas, California. These schools meet and exceed all California State accreditations and all national standards while providing unique, developmentally appropriate teaching strategies. Over the years, MUSE has received many requests to expand its concept to other locations, and it is now finally offering like-minded partners the opportunity to be considered for MUSE franchises worldwide. Franchisees must meet all applicable regulations in their own area as well as those extended through MUSE Global.
MUSE provides
• Early Childhood Education (ECE) Program
• Early Childhood Class (ECC): 2.3 - 3.7 years old (two years and three months to three years and seven months)
• Early Kindergarten (EK): 3.8 - 5 years old (three years and eight months to five years)
• Kindergarten: 5 years old and up
MUSE is not a one-size-fits-all template but a conscious adherent to the studied intellectual property it has developed, which has proved to be successful in offering children a unique educational experience. Some key ways that MUSE schools differ from others include how MUSE students are introduced to beginning literacy, math, and science concepts even in the earliest developmental stages. Students also have weekly enrichment courses led by specialists in world languages, music, art, fitness, movement, outdoor education, environmental sustainability, and its unique Seed-to-Table Program for lifelong nutrition and wellness. Our brand is a market-driven approach designed to be economically self-sustaining and well positioned to offer attractive potential returns for investors and operators.