| ||||
Updated RecentlyI Know Science STEM Center & Toy Store vs Ivy Kids Systems Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of I Know Science STEM Center & Toy Store vs Ivy Kids Systems including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $121,000 - $204,500 | N/A |
| Franchise Fee | $60,000 | N/A |
| Royalty Fee | 6% | - |
| Advertising Fee | - | - |
| Year Founded | - | 2002 |
| Year Franchised | - | 2016 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
||
| Experience | - | - |
Financing Options |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
||
| Training | - | - Corporate based in classroom training and pre-opening location based training - Specific instruction for owner, center director and education director - Assistance in licensing, opening, staff development and retention - Dedicated training of all new teachers and refresher training for long term staff - Guidance for implementing effective grand opening, open house events and community-orientated activities |
| 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. | - |
| 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 |
||
| US Expansion | Yes | Yes |
| Canada Expansion | - | - |
| International Expansion | 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 Ivy Kids Systems
-
!["Ivy]("https://www.ivykidsfranchise.com/wp-content/uploads/2020/09/Ivy-Kids-Logo-1-150x150.png")
Who is Ivy Kids Systems? - We are an early childhood education franchise focused on unlocking the potential of every one of our students.
- We are education experts who have developed a proprietary multiple intelligence-based curriculum designed to foster academics, leadership, and values at the highest level.
- We are you. We believe in the importance of family and education, and that every child deserves a chance to shine. We aspired to send our own children to the finest schools, too.
- We are knowledgeable. We ran our early learning centers independently for 15 years before we began franchising, and we still own them today!
We think you’ll find our early education franchise is a great opportunity for
like-minded investors to build strong businesses in the early childhood
education industry.
Seeking new franchisees in Florida, Georgia, North Carolina, Ohio, Tennessee and Texas.
#353 in Franchise 500 for 2021. Not in Franchise 500 for 2020.