Engineering for Kids vs Stemtree Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Engineering for Kids vs Stemtree including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Engineering for Kids Franchise
Stemtree Franchise
Investment $27,250 - $93,700$83,800 - $149,800
Franchise Fee $12,250 - $22,500$39,500
Royalty Fee 7%8%
Advertising Fee 1%2%
Year Founded 20092014
Year Franchised 20112016
Term Of Agreement 7 years-
Term Of Agreement 7 years-
Renewal Fee --


Business Experience Requirements
 
Engineering for Kids Franchise
Stemtree Franchise
Experience --

Financing Options
 
Engineering for Kids Franchise
Stemtree Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/Yes-/Yes
Start-up Costs -/Yes-/Yes
Equipment -/Yes-/Yes
Inventory -/Yes-/Yes
Receivables -/Yes-/Yes
Payroll -/Yes-/Yes

Training & Support
 
Engineering for Kids Franchise
Stemtree Franchise
Training

We train you to be a successful Engineering for Kids director by requiring you to successfully complete our 3-day Engineering for Kids training at our corporate headquarters as well as a 2-Day On-Site teacher training at your location. We provide you with instruction and curriculum materials on all areas of operations, from a thorough review of the operations manual to hands-on classroom training.

On-The-Job Training: 8 hours Classroom Training: 30 hours
Support Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Field Operations Proprietary Software Franchisee Intranet Platform Ongoing Support Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Site Selection Franchisee Intranet Platform
Marketing Ad Templates Regional Advertising Social media Website development Email marketing Loyalty program/app Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing
Operations Number of Employees Required to Run: 5 - 10-

Expansion Plans
 
Engineering for Kids Franchise
Stemtree Franchise
US Expansion YesYes
Canada Expansion --
International Expansion YesYes

Company Overviews

About Engineering for Kids

Engineering for Kids offers a suite of programs for children ages 4 to 14 introducing them to science, technology, engineering and math through a variety of workshops all aimed at developing problem solving skills. Programs include after school programs, evening classes, in-school field trips, workshops, birthday parties, home-school programs, scouts workshops, and pre-school programs.
In order to impact as many youth as possible, Engineering for Kids began franchising as a way to spread the program across the country. Engineering for Kids presents a low-barrier opportunity with room to grow, as the brand plans to add between 50-60 new locations in 2013. Our franchisees share Roberts' passion for the program, understanding the need for STEM education. An ideal Engineering for Kids franchisee is someone who is well connected in their community, a parent, or an individual who has a passion for educating children.

Veteran Incentives  10% off $22,500 (full-territory) franchise fee

About Stemtree

"Stemtree

The STEMTREE franchise model offers education services that focus on the core curricula of science, technology, and engineering.
STEMTREE’s programs nurture each student’s inner scientist through innovative, engaging, and hands-on learning experience, built upon a solid foundation of scientific curricula, giving each student the edge for success in today’s schools and the world.
Whether achieving higher grades in the classroom, helping students become successful science professionals or engineers, or simply instilling and cultivating an appreciation and a deep understanding of science and technology, STEMTREE offers after-school programs, with or without student pick-ups, one-on-one tutoring, educational camps, home-school study programs, and even birthday parties and event-based programs.
Stemtree was founded on the idea that nothing is more important than enriching the lives of others; now we want to extend that service to our franchisees.
Stemtree has a strong potential ROI for a franchise owner. With reasonable overhead and a low startup cost for the education industry, the concept is financially sound. We do not guarantee any success or levels of profitability, but with a large margin for error, a franchisee can be much less effective than our projections and still have a successful business.

STEMTREE’s business model requires a fixed commercial location comprising approximately 1,500 to 2,500 square feet of space.

Veteran Incentives  10% off franchise fee