LeafSpring School vs STEM for Kids Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of LeafSpring School vs STEM for Kids including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$3,546,150 - $6,473,700 | $49,500 - $83,650 |
Franchise Fee |
$87,500 | $39,500 |
Royalty Fee |
6% | 7+% |
Advertising Fee |
- | 2% |
Year Founded |
1988 | 2011 |
Year Franchised |
2018 | 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 | Yes/- |
Start-up Costs |
-/Yes | -/Yes |
Equipment |
-/Yes | -/- |
Inventory |
-/Yes | -/- |
Receivables |
-/- | -/- |
Payroll |
-/- | -/- |
Training & Support |
Training |
On-The-Job Training: 20 hours
Classroom Training: 60 hours
|
On-The-Job Training: 4 hours
Classroom Training: 28 hours
Additional Training: Virtual training
|
Support |
Newsletter
Meetings/Conventions
Grand Opening
Online Support
Security/Safety Procedures
Field Operations
Site Selection
Franchisee Intranet Platform
| Newsletter
Meetings/Conventions
Toll-Free Line
Grand Opening
Online Support
Field Operations
Proprietary Software
Franchisee Intranet Platform
|
Marketing |
Ad Templates
National Media
Social media
SEO
Website development
Email marketing
| Ad Templates
Social media
SEO
Website development
Email marketing
|
Operations |
Number of Employees Required to Run: 65 | Number of Employees Required to Run: 1 |
Expansion Plans |
US Expansion |
Yes | Yes |
Canada Expansion |
- | - |
International Expansion |
Yes | Yes |
Company Overviews
About LeafSpring School
WHAT’S IN A NAME?
A lot, it turns out. Especially when a company has spent decades building trust, creating value, and forging meaningful relationships in the community it serves. And yet, our name was chosen back in 1989, when Rainbow Station was nothing more than a seed of potential. A possibility. Now, many years and many schools later, Rainbow Station’s strong foundation has supported the growth and expansion of our Richmond, Virginia company into an international leadership preschool, with facilities located across the U.S. and overseas.
WHY THE NAME CHANGE?
As we’ve expanded, countless schools in the early childhood education industry have begun using the name “Rainbow.” Our mission, our values and our curriculum have set us apart from these other schools for decades, but the name Rainbow Station is not the differentiator it once was. As attached as we are to our name, it was time to change. In January 2018, Rainbow Station began changing its name to
LeafSpring SchoolWHY LEAFSPRING?
In a nod to the train imagery that was the foundation for our brand, a leaf spring helps stabilize a train’s engine as it moves along the tracks. It is our mission to ensure that our schools continue to be that same stabilizing force in the life of every child that walks through our doors. Our new
LeafSpring School logo was designed to embody the enthusiasm, energy, and creativity that makes our schools unique.
WHERE DO WE GO FROM HERE?
At LeafSpring School, we recognize the importance of giving our students roots, while at the same time providing them with the springboard they need to reach their own individual potential in the world. Thank you, as always, for trusting us with your most precious gifts. We are so excited to see what grows from here. Come join us and ride the train to success.
Veteran Incentives 25% off franchise fee
#79 in Gator's Top franchises.
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.
Our processes, diligently crafted and baked with experiences, are designed to be simple yet effective in helping you set up and run a successful operation.
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
#280 in Franchise 500 for 2020.
#173 in Franchise 500 for 2021.