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Investment for a Children’s Education Franchise
Part of iKids U’s appeal to students and parents is its flexibility. It offers custom programming designed to appeal to kids from all types of school settings and family dynamics. iKids U also offers parents a reliable way to fill any gaps in public school education – the education franchise has excellent staff to student ratios – on a convenient after school timetable.
Franchisees can take advantage of that same flexibility. iKids U offers a quick time-to-market business model and mobile options that eliminate rent, overhead and decrease inventory costs. Even better? Those are just a few of the benefits associated with an iKids U education franchise. They can be mixed and matched to create a business model that suits an entrepreneur’s individual work style and business aspirations.
If you’re looking for a business opportunity that’s affordable, has significant growth potential and does some good in the community, owning an iKids U franchise doesn’t cost as much as you may think!
Your Estimated Initial Investment
The total investment necessary to begin an educational after-school program with iKids U ranges from $106,641 to $127,500, which includes a $45,000 franchise fee. Franchise costs may vary based on a number of different factors such as the territory your iKids U franchise resides in, but the typical investment for a single territory is structured as followed in the chart.
Your investment provides more than just a flexible mix of goods and services. You will receive the training, tools and support you need to ensure you can make the most out of this flexible home-based opportunity. Your total investment includes:
- Comprehensive training
- Ongoing support
- Proprietary curricula
- Access to business tools
- Guidance on networking and marketing
Franchise Discount Opportunities For Veterans
1 We currently offer a 10% discount to qualifying military veterans.
| Type of Expenditure | Amount |
|---|---|
| Initial Franchise Fee | $45,000 1 |
| Leasehold improvements | $0 |
| Office Equipment, Software and Supplies | $9,000 - $12,000 |
| Professional Fees | $2,500 - $4,000 |
| Business Licenses, Permits, etc. | $500 - $1,000 |
| Additional Materials 2 | $20,000 - $25,000 |
| Insurance | $3,900 - $5,000 |
| Automobile Insurance | $3,500 - $4,000 |
| Training Expenses | $5,250 - $7,500 |
| Initial Marketing and Promotions | $1,500 - $3,000 |
| Miscellaneous Expenses | $500 - $1,000 |
| Additional funds (3 months) | $15,000 - $20,000 |
| Total | $106,650 - $127,500 |
2 This range reflected the estimated cost of purchasing program-related materials needed to begin offering services.
Learn more about the many advantages and benefits of our unique children’s education franchise opportunity: visit our Frequently Asked Questions page, request more information, or contact us at (713) 665-5200 or franchise@ikidsinc.com.
