STEM for Kids vs Imagine Arts Academy Franchise Comparison

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

Start-Up Costs and Fees
 
STEM for Kids Franchise
Imagine Arts Academy Franchise
Investment $49,500 - $83,650$104,650 - $283,300
Franchise Fee $39,500$49,000 - $73,000
Royalty Fee 7+%-
Advertising Fee 2%-
Year Founded 20112018
Year Franchised 20142018
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
STEM for Kids Franchise
Imagine Arts Academy Franchise
Experience -Are you genuinely interested in STEM? -Do you understand the role STEM plays in today’s economy and society? -Are you active in your community and hungry to make a positive impact in young minds? -Are you self-directed, self-motivated and able to juggle through multiple priorities? -Do you have a strong desire to learn, grow and have fun in the process?-

Financing Options
 
STEM for Kids Franchise
Imagine Arts Academy Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees Yes/--/-
Start-up Costs -/Yes-/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
STEM for Kids Franchise
Imagine Arts Academy Franchise
Training On-The-Job Training: 4 hours Classroom Training: 28 hours Additional Training: Virtual training -
Support Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Proprietary Software Franchisee Intranet Platform -
Marketing Ad Templates Social media SEO Website development Email marketing -
Operations Number of Employees Required to Run: 1-

Expansion Plans
 
STEM for Kids Franchise
Imagine Arts Academy Franchise
US Expansion YesYes
Canada Expansion -Yes
International Expansion Yes-

Company Overviews

About STEM for Kids

STEM for Kids® provides educational enrichment in Robotics, Engineering and Computer Programming for children ages 4 - 14 through camps, afterschool programs, in-school field trips, workshops in schools and outside community spaces.

"Stem


Our processes, diligently crafted and baked with experiences, are designed to be simple yet effective in helping you set up and run a successful operation.
The secret sauce of our business model,the curricula is born in industry and developed inhouse to maximize real-world connections and educational alignment while providing fun-based learning experiences.
Veteran Incentives  12% off franchise fee
"Entrepreneur
#280 in Franchise 500 for 2020.
#173 in Franchise 500 for 2021.


About Imagine Arts Academy

"Imagine
Imagine Arts Academy was developed as a collaborative effort between Mad Science and Crayola. We fully believe that art and education can make this world a better place for the next generation. We aim to help kids discover empathy and understanding through our after-school programs, camps, birthday parties, and community-based workshops, while creating beautiful masterpieces.