Idea Labs Kids Franchise - Heights Area

Heights, TX (Harris County)

Idea Labs
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Asking Price: $35,500

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: 2011

Idea Labs Kids Franchise - Heights Area

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Business Description

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.

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.

Detailed Information

Location:
Heights, TX
Support & Training:
Franchise will provide training
Reason for Selling:
Opening New Franchises
Franchise:
This business is an established franchise
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Jeff Jones

Business Listed By:
Jeff Jones

Texas Broker

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