1 (281) 664-2697

MARKET NUMBERS

40
MILLION

U.S. children aged 4-14

$7
BILLION

spent annually in STEM Education

#1
STEM

business opportunities and growing 

FINANCIAL OPPORTUNITIES

$593,392 YEARLY REVENUE

System-wide Top Earner

$218,312 YEARLY REVENUE

Top First-Year Owner

INVESTMENT COSTS

Edit ItemApproximate AmountMethod of PaymentWhen DueTo Whom Payment Is To Be Made Initial Franchise Fee$35,500Lump SumWhen Franchisee signs Franchise AgreementIdea Lab Kids Franchising Lease Hold Improvements$3000 - $100,000As IncurredAs IncurredAs franchisor signs agreement Royalty Fee8% of your monthly Gross SalesMonthlyAs OccurredIdea Lab Kids Franchising Expenses While Attending Training $500 - $2,500As IncurredAs ArrangedTransportation lines, hotels, restaurants, and/or other businesses and Franchisor Software Licensing Fee$350QuarterAs OccurredIdea Lab Kids Franchising Insurance$1,500 - $7,000As ArrangedWhen Franchisee signs Franchise AgreementInsurance Company Office Equipment and STEM Supplies$500 - $12,500As ArrangedAs PurchasedApproved Suppliers Prepaid Expenses and Deposits$100 - $500As IncurredAs IncurredCity, county and state governments; utility companies Additional Funds - 3 months$25,000 - $54,100As IncurredAs IncurredDepending upon ramp up of business

ItemApproximate
Amount
When
Due
To Whom Payment
Is To Be Made
Initial Franchise Fee$35,500Lump sum - When Franchisee
signs Franchise
Agreement
Idea Lab Kids Franchising
Royalty Fee8% of your monthly Gross SalesAs OccurredIdea Lab Kids Franchising
Rent and Security Deposit
$5,000 - $15,000Upon signing lease/as arrangedLandlord
Lease Hold Improvements$3000 - $100,000As Incurred
National Advertisement Fee1% of monthly gross salesMonthlyIdea Lab Kids Franchising
Technology Fee$375QuarterlyIdea Lab Kids Franchising
Insurance$1,500 - $7,000When Franchisee
signs Franchise
Agreement
Insurance Company
Expenses While Attending Training $500 - $2,500As ArrangedTransportation lines, hotels, restaurants, and/or other businesses and Franchisor
Office Equipment and STEM Supplies$500 - $12,500As PurchasedApproved Suppliers
Prepaid Expenses and Deposits$100 - $500As IncurredCity, county and state governments; utility companies
Store Opening Kit$5000Upon signing your lease/purchaseIdea Lab Kids Franchising
Additional Funds - 3 months$25,000 - $54,100As incurred - depending on ramp up of business

ItemApproximate
Amount
When
Due
To Whom Payment
Is To Be Made
Initial Franchise Fee$35,500 USDLump sum - When Franchisee
signs Franchise
Agreement
Idea Lab Kids Franchising
Royalty FeePrior to opening an Idea Lab Premises - 10% of gross revenue - CAD

After opening an ILK premises - 8% of gross revenue - CAD

Minimum $500/month per ILK Premises - CAD
Monthly on the 5th business day of the month

Minimum not in effect during the first 6 months
Idea Lab Kids Franchising via electronic funds transfer
Rent $5,000 - $15,000 CADAs arrangedLandlord
National Advertising Fund1% of monthly gross sales - CADMonthlyIdea Lab Kids Franchising
Marketing and Advertising$5,000 - $10,000 CADAs Incurred3rd party suppliers
Leasehold Improvements$3000 - $100,000 CADAs Incurred
Technology Fee$183 USDMonthly on the 5th business day of the monthIdea Lab Kids Franchising
Insurance$2,000 - $4,000 CAD annuallyAs arranged/when Franchisee signs Franchise AgreementInsurance Company
Expenses While Attending Training $2,5000 - $5,000 - CADAs IncurredTransportation lines, hotels, restaurants, and/or other businesses and Franchisor
Organizational Costs/Subscriptions$200 - $500 USDAs Arranged3rd party suppliers
Prepaid Expenses and Deposits$1,000 - $8,000 CADAs IncurredVendors
Fixture, Signs, Equipment, Furniture, Computers, and Supplies$20,000 - $65,000 CADAs IncurredIdea Lab Kids Franchising
Additional Funds - 3 months$5,000 - $13,000 CADAs incurred - depending on ramp up of business

93.5%

OF OUR FRANCHISEES

would recommend us to others according
to the Franchisee Satisfaction Index
by Franchise Business Review

60%

AVERAGE

year-over-year growth
in the last 8 years

What Should I Do Now?

It’s everything that I dreamed of, and my wife tells me I’m a very lucky man that I get to do what I love. We are a huge team working together towards the same goal.

Alex Gallego

Franchisee , Canada