FRANCHISE MODEL
WHAT MAKES IDEA LAB THE BEST? Each class, camp, and activity are carefully constructed to provide the ultimate Design-Based-Learning environment while providing a FUN hands-on experience. From figuring out mechanics of spaceship engineering using recycled materials to creating scrumptious desserts in our Culinary Arts series, our Idea Labbers are provided the necessary tools to QUESTION, LEARN and IVENT"Out-of-the-Box" solutions through, Arts, Sciences, Technology, Creativity and Natural Play.
ROCK YOUR GREY MATTER Idea Lab provides classes, camps and activities ranging from Cooking School, Robotics, 3D Art, Engineering and Science. At Lab Rock you Grey Matter Workshops, Classes and Camps, children learn through inquisitive hands-on-activities utilizing Science, Math, Critical-thinking Skills and a great deal of IMAGINATION!
Science Technology Engineering Arts Mathematics
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WHAT IS IDEA LAB? EXPERIENCE THE LAB CAMP SELECTION SPAN ALL ASPECTS OF LEARNING 6 EASY STEPS TO AN IDEA LAB KIDS FRANCHISE BENEFITS OF BECOMING FRANCHISEE IDEA LAB PHILANTHROPY ONSITE OFFERINGS CAMPUS OFFERINGS ADDITIONAL PROGRAMS GROW WITH US FRANCHISE MODEL FRANCHISE PATH FRANCHISEE FEE AND ADDITIONAL INFORMATION ESTIMATE INITIAL INVESTMENT INTERNATIONAL MASTER FRACHISE OPPORTUNITY & REGIONAL FRANCHISE RIGHTS
IMAGINATION STARTS HERE
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Investigative Science Lab Interactive Anatomy Chemistry Lab Bio Exploration
Coding and Programming Club Minecraft Team Mods and Level Design
Graphic and Video Design Robotics 3D Printing Design and Engineering Club Engineering Design Studio Project Based Engineering Physics in Motion Spanish Immersion Cursive and Creative Writing/ Cursive Practice Visual Art Studio Speed Reading and Cursive Lab Movie Studio Culinary Club Bookworm Reading Club Maker Studio and Engineering with Gadgets & Circuitry Act Out Math! The Coolest Way to Solve Problems Chess League Puzzles, Logic and Boardgames
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easy steps
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TO AN IDEA LAB KIDS FRANCHISE
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We get to know you and you get to know us: If there is a fit for both parties we will further explore the IDEA Lab® model and how it will apply to your exclusive territory.
Training and Support: You will learn about the unparalleled level of service and support you will receive from us. Understand the Business Model: We’ll set up a time when you can speak with the Regional Director, who will answer your questions on the Franchise Disclosure Document, the operations of the business and any other questions you may have. Discovery Day: Come and meet the IDEA Lab team face to face in Houston (1-2 Days). A Discovery Day or Discovery Webinar will typically lead to a final decision to move forward.
Franchise is Awarded: Congratulations, you’ve met all the requirements and are ready to begin training. You will visit our corporate headquarters in Houston, TX for a comprehensive 10-day training program in operating your franchise; from day-to-day functions to the proprietary IDEA Lab® teaching methods.
Viola! Once training is successfully completed, you are fully equipped and prepared to immediately begin operating your franchise.
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BENEFITS
OF BECOMING A FRANCHISEE Child education one of the fastest growing industries A proven model – in Houston area, Austin, Maryland and Canada Has no initial competition
Quick ROI on your franchise
Multiple Revenue Stream options such as Onsite & Campus, Birthday Parties, Camps, Workshops, Preschool, Afterschool and Competition Leagues Year-Round Income and easy to operate Can be easily taught to anyone
Recession Proof – affordable for parents who put education on their list of expenditures and look for well-rounded educational development for their child Exclusive Territory
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IDEA LAB
IDEA Lab STEM Academy: a non-profit arm of IDEA Lab Work with schools to secure Grants for providing STEAM based classes and workshops to underprivileged students This is a win- win for both you and the students that need these services. A great way to give back as well as provide additional opportunitties for these students.
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Onsite Offerings
After-School Mobile Options at public andAfterschool private schools pickup for 5-12 years old with unique camps in the evening.e.g. Art, Community Centers robotics, language, tutoring support. Parks and Recreation Centers (2:30 pm to 6:15 pm)
Offerings Pre-School 1-1.5 Hour classes held once per week for 4-12 weeks in morning hours Camps During holidays and school breaks
1-2 hrs. at time. e.g. Wednesday 9:45 am to 11:30 am.
Drop In Camps for specific e.g. Minecraft on Wednesday, Art schools on Clubs Friday. Afternoon clubs such as Robotics, Chess and othersFixed fee per month or per session.
Mobile Parties Offer parties at onsite venues such as homes, parks and more program
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Campus Offerings
STEAM based camps for spring, summer and holidays Afterschool program for ages 5-12 with unique classes in the afternoon, e.g. Robotics, Science Investigations, Visual Arts, Culinary Arts and Engineering Pre-School STEAM classes in the morning Drop In Classes for specific subject matter Coding on Wednesday, Art Studio on Friday Fixed fee per month or per session Competitive leagues e.g. First LEGO League, Robotics program, Chess academy Birthday Party Experiences on weekends Popup STEAM workshops
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Competition Leagues and Clubs Such as Robotics or Chess Competition Teams, Minecraft Modshop (TM), Programming and Game Design Team. Charge a fixed fee per semester.
Educator Services An extension to IDEA Lab core services where you are provided the materials, programs, and resources to conduct collaborations and training for educators.
Girl Scout and Boy Scout Badges and Workshops Idea Lab provides opportunities for Girl Scouts/Boy Scouts at all levels to earn their badges and journeys.
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GROW WITH US
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Territory and demographic analysis. Guidance on working on Business Development with area schools and communities. Real Estate support for campus development.
TRAINING One week comprehensive classroom and on-the-job training program at our corporate training. Exclusive use of our proprietary Operations Manual/ Tools For Success Access to proprietary and proven systems and techniques designed to make business ownership simple and efficient. A well managed website that will promote your business at an easy to find web address that will post your address, phone number and other contact information, as well as all your classes and other activities (camps, birthday parties, etc.) A Research and Development team working hard to stay ahead of industry trends. A talented Franchise Support team.
CONTINUOUS SUPPORT Scheduled visits from Research Team which understands local needs. Meetings, teleconferences and workshops designed to keep you current with market needs. Complete management team that listens to your local needs.
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FRANCHISE MODEL Onsite Location
Open an IDEA Lab Campus
Partner with Schools
GROW WITH US
FRANCHISE PATH Onsite Programs Birthday Parties Idea Lab Campus
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Franchise Fees $35,500 for Base Territory Base Territory is defined by zip codes/postal codes, based on public and private k-8th schools Royalty Fees Base Territory: 11%
Franchise Fees And Additional Information
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Estimated Initial Investment
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Type of Expenditure
Fees
Payment Receiver
Initial Franchise
$35,500
Idea Lab
Insurance
$800 - $2,500
Vendor
Office Equipment and Supplies
$500 - $2,000
Vendor(s)
Organizational Cost/Subscriptions
$200 - $500
Vendor(s)
Leasehold Improvements (campus option)
$3,000 - $70,000
Contractor
Rent (campus option )
$5,000 - $8,000
Landlord
Prepaid Expenses and Deposits
$1,000 - $8,000
Landlord
Furniture, Signs Equipment & Supplies
$20,000 - $65,000
Idea Lab or Vendors
Marketing
$5,000 - $10,000
Idea Lab or Vendors
Additional Funds - 3 Months
$5,000 - $13,000
Idea Lab or Vendors
Total
$76,000 - $214,500
Third Party Financing is available for IDEA Lab Payments. $650/month minimum fee for IDEA Lab for all the services. (Web/Marketing/Social Media/Curriculum Update). Additional Funds would be required to cover operating cost which can be $5,000 to $10,000 per month in beginning if not owneroperated.
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International Master Franchise Opportunity Regional Franchise Rights
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Idea Lab Kids offers Master Franchise rights for regions and countries all over the world. Regional Franchise Rights is a master franchise with the special type of franchise agreement that gives an entrepreneur the exclusive rights to sell or open a given number of franchises in a large geographical area.
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The Master Franchise / Regional Franchise Fee ranges between $50,000 and $1,000,000. The actual amount depends on the number of schools, size, and demographics of the territory as well as the potential locations to coverage in that area. This initial investment applies to the Master Franchise fee, start-up costs, marketing, and initial working capital. Idea Lab Kids seeks entrepreneur who will prefer to have the control of the franchising activities in a specified territory and expand in the area withing a specified time frame.
FOR ADDITIONAL INFORMATION CONTACT FRANCHISE@IDEALABKIDS.COM IDEALABKIDS.COM FRANCHISE.IDEALABKIDS.COM