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Below is an in-depth analysis and side-by-side comparison of Batter Up vs STEM for Kids including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $178,100 - $256,000 | $49,500 - $83,650 |
Franchise Fee | $25,000 | $39,500 |
Royalty Fee | 4% | 7+% |
Advertising Fee | - | 2% |
Year Founded | 1991 | 2011 |
Year Franchised | 2006 | 2014 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | * General business experience * Marketing skills * Love of children, energetic personality | -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 |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | Yes/- |
Start-up Costs | No/No | -/Yes |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | * Available at headquarters: 4-5 days * At franchisee's location: 4-5 days | On-The-Job Training: 4 hours Classroom Training: 28 hours Additional Training: Virtual training |
Support | - | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Proprietary Software Franchisee Intranet Platform |
Marketing | - | Ad Templates Social media SEO Website development Email marketing |
Operations | * Number of employees needed to run franchised unit: 4 - 6 * Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) | Number of Employees Required to Run: 1 |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | - | - |
International Expansion | - | Yes |
No longer franchising
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.