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Below is an in-depth analysis and side-by-side comparison of Core Education & Fine Arts 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 | $250,000 - $500,000 | $49,500 - $83,650 |
Franchise Fee | $50,000 | $39,500 |
Royalty Fee | 6% | 7+% |
Advertising Fee | 2% | 2% |
Year Founded | 1998 | 2011 |
Year Franchised | 2003 | 2014 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | Many of our franchise owners have corporate backgrounds and have previously enrolled their children into cefa schools. The owners have recognized the opportunity to enjoy a work/life balance, spend more quality time with their family, and to be rewarded personally and financially. | -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 | -/- | Yes/- |
Start-up Costs | -/- | -/Yes |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | You will be enrolled in our cefa certified training course to learn all about cefa and our curriculum. You will also receive one-on-one training in the areas of administration and operations. *Initial Training *On-going Professional Development *Curriculum *Program | On-The-Job Training: 4 hours Classroom Training: 28 hours Additional Training: Virtual training |
Support | Real Estate & Site Development *Demographics *Zoning *Site Selection *Lease Negotiation *Building Design *Construction Management | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Proprietary Software Franchisee Intranet Platform |
Marketing | *Direct Mail *Email Marketing *Individual and corporate website *Internet and Print Advertising *Marketing Materials *Social Media *Trade shows *Strategic alliance with prominent schools and businesses | Ad Templates Social media SEO Website development Email marketing |
Operations | *Licensing Assistance and Opening Assistance *Hiring of Initial Principal/Faculty *Budget Control | Number of Employees Required to Run: 1 |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | Yes | - |
International Expansion | Yes | Yes |
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.