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Updated RecentlyMakerKids vs Kidcreate Studio Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of MakerKids vs Kidcreate Studio 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 | $108,860 - $261,350 |
| Franchise Fee | $30,000 | $45,000 |
| Royalty Fee | 8% | 8% |
| Advertising Fee | 3% | 1% |
| Year Founded | 2013 | 2007 |
| Year Franchised | 2018 | 2016 |
| 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 | -/- | -/Yes |
| Payroll | -/- | -/Yes |
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: 73 hours Classroom Training: 38 hours Additional Training: As needed |
| 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 | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | - Use of MakerKids® Name, Logo and Trademarks - Presentation Material & Templates | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | - | Number of Employees Required to Run: 4 - 12 |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | Yes | - |
| International Expansion | 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 Kidcreate Studio
!["Kidcreate]("https://kidcreate.com/oak/files/logos/kid-create-studios.fill.svg")
Owning a Kidcreate Studio franchise means enjoying many of the benefits
of small business ownership, including leaving the corporate grind
behind for a more flexible balance of work and home, taking control of
your financial destiny and charting a path for your future, and creating
a legacy that will serve your family and community for years to come. Owning a Kidcreate Studio offers you the dual benefit of a deep sense of purpose and a financially-rewarding career.
Kidcreate
offers a unique business model with the ability to bring our highly
sought-after curriculum to child friendly businesses in the community
with our mobile business, as well as the option to offer classes and
camps in a beautiful brick & mortar studio location. If you prefer,
you can start with the mobile business and add the studio on down the
line!
Partner with community
bodies united in the fight against the decline of art education, and you
can become a well-respected voice of change as the face of their local
Kidcreate Studio.
Kidcreate Studio is a
one-of-a-kind experiential business that cannot be replicated by the
online giants. Kidcreate Studio has thrived during the 2008/09 economic
crisis and now COVID-19. You’ll sleep soundly knowing your new business
is proven to be recession-resistant.
With the ability to open
locations in as little as 60 days, you can grow your Kidcreate Studio
empire to encompass the entire region with multiple units or stick to a
single location in your neighborhood- as a Franchise Owner, it’s up to
you!
With the On-The-Go model, you can start generating revenues from your
business almost immediately. Ongoing overhead costs are kept extremely
low for impressive profit margins. The ability to add a brick and mortar
studio down the line creates additional revenue streams and cross
marketing.