I Know Science STEM Center & Toy Store vs LeafSpring School Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of I Know Science STEM Center & Toy Store vs LeafSpring School including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$121,000 - $204,500 | $3,546,150 - $6,473,700 |
Franchise Fee |
$60,000 | $87,500 |
Royalty Fee |
6% | 6% |
Advertising Fee |
- | - |
Year Founded |
- | 1988 |
Year Franchised |
- | 2018 |
Term Of Agreement |
- | - |
Term Of Agreement |
- | - |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
- | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
-/- | -/Yes |
Start-up Costs |
-/- | -/Yes |
Equipment |
-/- | -/Yes |
Inventory |
-/- | -/Yes |
Receivables |
-/- | -/- |
Payroll |
-/- | -/- |
Training & Support |
Training |
- |
On-The-Job Training: 20 hours
Classroom Training: 60 hours
|
Support |
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. | Newsletter
Meetings/Conventions
Grand Opening
Online Support
Security/Safety Procedures
Field Operations
Site Selection
Franchisee Intranet Platform
|
Marketing |
- | Ad Templates
National Media
Social media
SEO
Website development
Email 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. | Number of Employees Required to Run: 65 |
Expansion Plans |
US Expansion |
Yes | Yes |
Canada Expansion |
- | - |
International Expansion |
Yes | Yes |
Company Overviews
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.
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.