Let’s Chat Numbers | Idea Lab Kids Franchise

Let’s Chat Numbers

40
MILLION

U.S. children aged 4 – 14

11
BILLION

Spent annually in youth enrichment

#1
STEAM

Focus on future growth

INVESTMENT COSTS

Item Approximate 
Amount
Method of
Payment
When
Due
Total Estimated start-up Costs: $76,500 – $214,500
Initial Franchise Fee $35,500 Lump Sum When Franchisee
signs Franchise
Agreement
Insurance $800 – $2,500 Lump Sum When Operating
Expenses While Attending Training $500 – $2,500 As Incurred Accommodations
Leasehold Improvements $3,000 – $70,000 As Arranged When Franchisee
signs Franchise
Agreement
Office Equipment and Supplies $500 – $2,000 As Arranged As Purchased
Prepaid Expenses and Deposits $1,000 – $8,000 As Incurred As Incurred
Organizational Costs/Subscriptions $200 – $500 As Incurred As Incurred
Campus Rental $5,000 – $8,000 As Incurred As Incurred
Furniture, Signs, Equipment & Supplies 20,000 – 65,000  As accrued Prior to opening
Marketing $5,000 – 10,000  As accrued Prior to opening
Additional Funds – 3 months $5,000 – $13,000  As accrued As Incurred