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IDEA Lab International Franchise Company LLC.

IDEA Lab International Franchise Company LLC, dba IDEA […]

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Franchise Costs and Requirements

Franchise Details

Year Established: 2017
Category Locations: Retail
Available Ownership Type:
Corporate HQ City: Houston
Corporate HQ State: Texas
Investment Range: $100,000+
Canada Franchising: Yes
Latin America Franchising: Yes
India Franchising: Yes
Franchise Fee: $35,500
Royalty Percentage: 0.08%
Veteran Discount: Yes
E2/EB5 Visas: Yes
Master Franchise Opportunities: Yes

Background

IDEA Lab International Franchise Company LLC, dba IDEA Lab Kids, is a franchisor of children's enrichment programs focused on STEAM (science, technology, engineering, arts, and mathematics) education. The company was founded in 2012 by Ghazal Qureshi and began franchising in 2016. IDEA Lab Kids offers a variety of programs for children ages 4-14, including after-school classes, summer camps, workshops, birthday parties, and preschool programs.Image of IDEA Lab Kids FranchiseOpens in a new windowfranchise.idealabkids.comIDEA Lab Kids FranchiseIDEA Lab Kids' programs are designed to be fun and engaging, while also helping children develop important skills such as critical thinking, problem-solving, and creativity. The company's curriculum is aligned with national and state standards, and all of its instructors are qualified and experienced in their fields. IDEA Lab Kids also uses cutting-edge technology in its programs, such as virtual reality and robotics.IDEA Lab Kids has been franchising rapidly since 2016, and there are now over 30 locations in the United States and Canada. The company is looking to expand internationally in the near future. IDEA Lab Kids has been recognized for its innovative approach to education, and has been named one of the fastest-growing franchises in the United States.

Support & Training offered by IDEA Lab International Franchise Company LLC.

IDEA Lab International Franchise Company LLC offers a comprehensive support and training program for its franchisees, designed to help them succeed in establishing and operating their IDEA Lab Kids centers. Here's an outline of the key elements:Pre-opening Support:Initial Training: A five-day intensive training program at IDEA Lab's corporate headquarters in Houston, Texas, covering:Business operations and managementCurriculum and programmingMarketing and sales strategiesCustomer service excellenceSite Selection and Development: Assistance with finding a suitable location, lease negotiation, and construction or renovation of the center.Marketing and Branding Support: Marketing materials, brand guidelines, and assistance with local marketing campaigns.Software and Technology Training: Training on IDEA Lab's proprietary curriculum management system and other essential software.Post-opening Support:Ongoing Field Support: Dedicated regional field managers provide regular on-site visits, guidance, and troubleshooting assistance.Operations and Marketing Webinars: Monthly webinars on various operational and marketing topics to keep franchisees up-to-date and share best practices.Online Learning Portal: Access to a comprehensive online portal with training materials, manuals, and other resources.Peer Network and Support Groups: Opportunities to connect and share experiences with other IDEA Lab franchisees through conferences, online forums, and peer groups.Business Development Support: Ongoing support and guidance on growing your business, including expansion strategies, new program offerings, and community partnerships.Additional Highlights:Financial Assistance Programs: IDEA Lab offers various financial assistance programs for qualified franchisees.National Advertising Fund: A cooperative advertising fund contributes to national marketing campaigns, benefiting all franchisees.Strong Brand Recognition: IDEA Lab Kids has a growing national and international brand reputation, giving franchisees a head start in attracting customers.

Additional Information

Category Location Retail
Number of Units Open
Investment Range $100,000 - $250,000
Master Franchise true
Home based franchise YES
Item 19 Franchise YES
Veteran Discount YES
Franchise Opportunities in Canada YES
International Franchise Opportunities
E2/EB5 Visa Franchise YES
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