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Updated RecentlyIdea Lab Kids Cost Comparisons
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:
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 partiesNote- 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.
Veteran Incentives 5% off franchise fee
#316 in Franchise 500 for 2021. Not in Franchise 500 for 2020.
Children's Education Franchise Opportunities
Below is a quick comparison of Idea Lab Kids against other Children's Education franchises and business opportunities. For an in depth comparison of Idea Lab Kids with another opportunity including start-up costs and fees, business experience requirements, training & support and financing options click on the name of the company to view the detailed comparison.
| Franchise | Franchise Fee | Royalty | Advertising Fee | Development Costs |
| Academy for Mathematics & English | $35,000 | $120,000-$150,000 | ||
| Actor's Garage, The | $24,000 | 9% | $30,500-$32,000 | |
| Aloha USA | $10,000 | 14% | $29,100 | |
| Arcadia Academy of Music | $25,000 | $100,000-$150,000 | ||
| Bach to Rock | $40,000 | 7% | 2% | $292,700-$525,225 |
| Batter Up | $25,000 | 4% | $178,100-$256,000 | |
| Best in Class Education | $32,000-$35,000 | 12% | 2% | $62,800-$121,880 |
| Brain Balance Achievement Centers | $45,000 | 8% | $259,386-$481,571 | |
| Building Kidz School | $50,000 | 7% | 1% | $148,000-$380,500 |
| CEFA | $60,000 | 3% | 6% | $350,000-$900,000 |
| Challenge Island | $39,900 | 6% | 2% | $48,300-$62,950 |
| Code Ninjas | $15,000-$31,000 | 6.5%-12% | $31,420-$333,270 | |
| ComputerXplorers | $20,000 | 10% | 1%+ 1% | $54,000-And Up |
| Core Education & Fine Arts | $50,000 | 6% | 2% | $250,000-$500,000 |
| Ducklings Early Learning Centers | $65,000 | 6% | 1% | $478,600-$3,668,400 |
| e² Young Engineers | $30,000 | $250 / 7% | 5% | $41,110-$51,000 |
| EuroKids | N/A | $103,000-$206,000 | ||
| Eye Level | $5,000 | $32-$36/subject/mo. | $1/subject/mo. | $52,318-$121,650 |
| Flour Power Kids Cooking Studios | $39,875 | 6% | $149/mo. | $131,675-$241,675 |
| GiggleBytes | $15,000 | 7-8% | $15,000-And Up | |
| Great Minds Tutoring | $15,000 | 7-8% | $15,000-And Up | |
| GreenApple | $24,000-$28,000 | 10% | $40,000-$57,500 | |
| Gymboree Play & Music Centers | $45,000 | $133,500-$387,460 | ||
| Healthy Hands Cooking | N/A | $3,000-$5,000 | ||
| Helen Doron | N/A | $8,000-$500,000 | ||
| Hooray for Books | N/A | $35,000-$100,000 | ||
| Huntington Learning Centers | $28,000 | 9.5% | 2% | $133,458-$276,669 |
| I Know Science STEM Center & Toy Store | $60,000 | 6% | $121,000-$204,500 | |
| ICode | $35,000 | 6% | 2% | $293,000-$347,000 |
| Imagine Arts Academy | $49,000-$73,000 | $104,650-$283,300 | ||
| Ivybrook Academy | $50,000 | 6% | 1% | $310,700-$440,200 |
| JEI Self-Learning Centers | $22,500 | $23-$33/subject/mo. | $1-$3/subj/mo | $69,500-$115,000 |
| Kid's Community College | $50,000-$60,000 | $182,000-$405,325 | ||
| Kidcreate Studio | $45,000 | 8% | 1% | $108,860-$261,350 |
| Kiddie Academy | $135,000 | 7% | 2% | $345,000-$5,605,000 |
| Kids 'R' Kids | $115,000 | 6% | 1% | $4,401,000-$5,701,000 |
| Kids Incorporated | $55,000 | 8% | 2% | $3,400,000-$4,200,000 |
| KidZee | N/A | $16,800-$21,000 | ||
| KLA Schools | $78,500 | 6% | 1.5% | $1,121,000-$5,954,750 |
| Kumon Canada | $1,000 | $62,870-$158,390 | ||
| Ladybird Academy | $40,000 | 5% | 1% | $2,812,300-$3,457,700 |
| LeafSpring School | $87,500 | 6% | $3,546,150-$6,473,700 | |
| Learning Jungle | $40,000 | $180,000-$400,000 | ||
| LearningRx | $25,000 | 7% -8% | 3% | $90,000-$149,000 |
| Lekha Writing Centers | $25,000 | $45,000 | ||
| Level UP Learning Centers | $49,000 | $86,615-$287,950 | ||
| Lightbridge Academy | $40,000 | 7% | 2% | $549,228-$5,054,735 |
| Little Amigos | $15,000 | 7-8% | $15,000-And Up | |
| Little Medical School | $11,500-$24,500 | 8%+ | $95/mo. | $28,800-$58,200 |
| Little People's Creative Workshop | N/A | $30,000-$35,000 | ||
| Little Scientists | $20,000 | 6%/$250/Mo. | 1% | $35,000 |
| MakerKids | $30,000 | 8% | 3% | $152,750-$399,000 |
| Math Monkey | $31,500 | 6% | $99,000-$164,000 | |
| Math Squared Education | $599 | $18,550-$39,300 | ||
| Mind Lab | N/A | $35,000-$60,000 | ||
| MUSE Global | $50,000 | 5% | N/A | $432,125-$2,204,325 |
| Nutty Scientists | $28,000 | 6%-8% | 2% | $35,500-$43,800 |
| Pingu's English | N/A | $150,000-$500,000 | ||
| Primrose School | $80,000 | 7% | 2% | $636,900-$6,771,000 |
| Sew Fun Studios | $22,500 | $32,425-$49,875 | ||
| Smart Brain America | $25,000 | $12-20/student/month | $60,200-$163,700 | |
| smART Explorers | $19,500 | 7% | $27,500 | |
| SOS Franchising | $40,000 | $200,000-$350,000 | ||
| SpanishFUN | $150 | $12,500 | ||
| Spider Smart | $30,000 | $80,400-$142,400 | ||
| STEM for Kids | $39,500 | 7+% | 2% | $49,500-$83,650 |
| TCYonline.com | $2,499 | $2,499-And Up | ||
| Thinkertots | $35,000 | 7% | $83,100-$124,100 | |
| Top Secret Kids Corp. | N/A | $8,800 | ||
| Tutu School | $36,000 | 5% | 1% | $73,700-$135,200 |
| UC MAS | $7,000 | 25% | $25,000 | |
| Wee Little Arts | $24,500-$29,500 | 10 - 7% | $31,400-$46,940 | |
| Whole Child Learning | $15,000-$24,500 | 7-8% | $15,000-And Up | |
| Young Chefs Academy | $39,900 | $395/month | $120,300-$196,900 |