Idea Labs Kids Franchise - Heights Area
Idea Lab Kids is a national franchise that provides after-school classes, summer camps, party activities on subjects ranging from Cooking, Robotics, 3D Art, Math, Engineering, Science. and interesting combinations. Each class, camp, and activity is carefully constructed to provide the ultimate Design-Based-Learning Environment while providing a FUN hands-on experience. Labbers are provided the necessary tools to QUESTION, LEARN and INVENT “Out-of- the-Box” solutions through, Arts, Sciences, Technology, Creativity and Natural Play. This franchise concept provides a year-around income stream with activities for children ages 4 to 14+ including After-School Enrichment Classes, Week-Long Summer Camps, Birthday Parties, STEM Workshops, Field Trips, Pre-School S.T.E.A.M. Classes, Kidz Night Out, and STEM Based Federal Grants. There are now 52 and growing franchisees in the U.S. with 8 franchisees in the Houston area. Current available franchises in the Houston area include The Woodlands, Clear Lake, and the Heights area. The royalty fee is 8% of gross revenue, 1% advertising fee, and a tech fee of $375 per quarter. There is an excellent franchisee training program and on-going support.

Background information
Reference:
92397
Year established:
2011
Reason selling:
Opening new franchises.
Operations
Employees:
Typically an owner and 5 to 7 employees.
Equipment:
Office furniture and class room furniture. See franchise agreeement for more details.
Premises
Facility:
The typical size facilities will be approximately 3,000 sq. ft. for offices and classrooms.
Location:
Heights - Houston area
Price and terms
Price:
$35,500
Financing:
The total cost of opening a new franchise is approximately $220,000 which includes the franchise fee of $35,500. This franchise qualifies for obtaining a SBA loan to fund the acquisition and equipment needed to open the business.
Training:
* Idea Lab provides a 5-day training at our training facility in Central Office in Houston Texas. * A 3 day Grand Opening visit for all new franchisees and transfers to help jump start their businesses * Our Franchise Business Consulting team provides leadership development training options for franchisees to build their leadership skill set *Our training staff provides extensive first-year support to help our franchisees build their business * We work closely with our established franchisees to help develop and expand their organizations as they progress through the stages of business growth