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Updated RecentlyMakerKids vs LeafSpring School Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of MakerKids vs LeafSpring School including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $152,750 - $399,000 | $3,546,150 - $6,473,700 |
| Franchise Fee | $30,000 | $87,500 |
| Royalty Fee | 8% | 6% |
| Advertising Fee | 3% | - |
| Year Founded | 2013 | 1988 |
| Year Franchised | 2018 | 2018 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - Passion for working with kids - Thirst for knowledge - Glass half full mindset (60% optimist, 40% realist) - An Excellent Credit History - Leadership Skills - A Desire to Succeed - A Desire to Make A Difference - No past bankruptcies - No past criminal record - Willing to get out there and make sales - Persistence - Desire to listen, share and be compliant - Being happy is more important to you than being right - Customer-oriented Wait, I don’t know how to teach STEM! - Don’t worry. If you don’t have a teaching background, you can still excel as a MakerKids franchisee. In fact, the backgrounds of our ideal franchisees vary greatly – from engineers and accountants to teachers and homemakers, and everything in between. MakerKids franchise training was designed to level the playing field. We teach you all that you need to know about running a business that deals with STEM instruction. | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/Yes |
| Start-up Costs | -/- | -/Yes |
| Equipment | -/- | -/Yes |
| Inventory | -/- | -/Yes |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| Training | - Five (5) days Training in Toronto, Canada - Five (5) days On-Site Training - Education/Curriculum: MakerKids® Lesson Plans Options for additional training*: - Internal Training with support and guidance from MK Training Team via Teleconferences, GoTo Meeting and Webinars - Additional Training available at MK HQ in Toronto, Canada - Additional On-Site Training available *Please inquire about additional training. | On-The-Job Training: 20 hours Classroom Training: 60 hours |
| Support | - Advertising and Marketing: Initial supply of Presentation materials and Templates. - Usage of proprietary Operations Manual - Use of MakerKids® Name, Logo and Trademarks - Annual training and workshop - MakerKids new releases and new concepts | Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform |
| Marketing | - Use of MakerKids® Name, Logo and Trademarks - Presentation Material & Templates | Ad Templates National Media Social media SEO Website development Email marketing |
| Operations | - | Number of Employees Required to Run: 65 |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | Yes | - |
| International Expansion | Yes | Yes |
Company Overviews
About MakerKids
MakerKids runs award-winning STEM programs on Coding, Robotics and
Minecraft. We use technology as a medium to help build confidence,
social skills, change-making abilities and a positive relationship with
technology. Kids have started businesses, won prizes from NASA, been
published in magazines, and had positive mental health outcomes. MakerKids was named the #1 franchise concept in the NextGen in
Franchising Competition at the International Franchise Association
Conference from over 400 entrants.
To describe the franchise in one word: transformative
- Target Market: Ages 6-13, including Special Needs students
- Location-based + mobile business/satellite locations: owner to operate multiple satellite
locations e.g. at schools
- Camps, After-School Programs and Parties
- MakerKids® teaches STEM (Science, Technology, Engineering, Mathematics) topics:
Coding, Robotics and Minecraft
- Education/Curriculum: Proprietary Lesson Plans
- Advertising/Marketing: Presentation Material & Templates
- Online Parent Registration
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
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#79 in Gator's Top franchises.