Young Chefs Academy vs I Know Science STEM Center & Toy Store Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Young Chefs Academy 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

 
Young Chefs Academy Franchise
I Know Science STEM Center & Toy Store Franchise
Investment $120,300 - $196,900$121,000 - $204,500
Franchise Fee $39,900$60,000
Royalty Fee $395/month6%
Advertising Fee --
Year Founded 2004-
Year Franchised 2005-
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements

 
Young Chefs Academy Franchise
I Know Science STEM Center & Toy Store Franchise
Experience

*Franchisees must live in the market they wish to operate. *You must have a minimum of $72,000.00. *We carefully consider your personal experience and people skills. *You must understand the unique attributes of operating a business within a franchise system. *You need to be able to execute a franchise agreement within 3 months from the initial request for consideration to begin the qualification process.

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Financing Options

 
Young Chefs Academy Franchise
I Know Science STEM Center & Toy Store Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/Yes-/-
Start-up Costs No/Yes-/-
Equipment No/No-/-
Inventory No/No-/-
Receivables No/No-/-
Payroll No/No-/-

Training & Support

 
Young Chefs Academy Franchise
I Know Science STEM Center & Toy Store Franchise
Training

Hands on initial training supports our operations manual so that each new franchisee represents our brand to the standard of quality associated with Young Chefs Academy. All new Young Chef Academy Franchise Owners receive on-site training followed by continual training throughout the franchise relationship. Our initial training program is designed to prepare you to furnish you with the right tools to make your dream a reality and allow you to begin your business immediately after you successfully complete your training.

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Support

Through our wide-range of expertise, there is always someone to turn to for answers.

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

 
Young Chefs Academy Franchise
I Know Science STEM Center & Toy Store Franchise
US Expansion -Yes
Canada Expansion No-
International Expansion NoYes

Company Overviews

About Young Chefs Academy

Picture a joyful kitchen, full of inspired children creating culinary masterpieces and filling the air with laughter and learning... Welcome to Young Chefs Academy, the only franchise that will enable your children to transfer their learning and transform the most popular room in everyone's home into something quite extraordinary! Why is Young Chefs Academy the right choice for today? Cooking is one of the hottest past times today with new cooking programs coming online and on television every week. Cooking has always interested every age group but now more than ever, cooking has become one of the most popular extra-curricular activities for children. Parents recognize the value of teaching their children to cook and are actively seeking out programs that enrich their children's life now and for their future. Children, parents, schools, teachers and health care providers are recognizing what the Young Chefs Academy's brand is doing to improve the lives of children and their communities across the country. Not only does Young Chefs Academy promote cooperation and camaraderie among its fellow students, it helps build solid relationships within the family unit. In addition, Young Chefs Academy has.... Experienced management, culinary arts and curriculum teams. A successful franchise system. A proven business model. Strong food industry partnerships. Strong trademarks and brand recognition. Freedom from major supply contracts. A centralized, skilled and knowledgeable support team. Exclusive territories. Excellent initial training and continual education and ongoing programs. Marketing support and advertising materials. Ongoing business and franchise support. Many of our best retail franchise opportunities are now available and we are seeking qualified individuals to become part of our growing, dynamic cooking team. If you’re prepared to revolutionize your personal life and create financial freedom, Young Chefs Academy is ready for you.

About I Know Science STEM Center & Toy Store

I Know Science™ STEM Center & Toy Store cleverly combines STEM education and entertainment. The IKS business model is innovative and leading-edge in its products and services, unique in its delivery, and profitable in the rapidly growing edutainment industry. Edutainment is the trailblazing way for recreational activities for children in the 21st century.
Parents clearly see the lasting value of investing in their kids by purchasing educational STEM toys or signing up for a STEM program. Furthermore, they enjoy the practicality of finding many quality services from one business, which they can trust, granting them a simple way to plan their kids’ activities and events.
Children that join any of the services and/or purchase our products walk away having had an enriching experience unlike any other, one they’ll remember for years to come. The IKS impact is exceptionally positive to their development and self-esteem. Hence, IKS STEM Center and Toy Stores are becoming one of the most welcomed, loved, and desired businesses in communities.