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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 $95,870 – $140,720, which includes a $59,500 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 initial training
- Ongoing support and business training and coaching
- Proprietary curricula that meets and aligns to national standards*
- Access to business tools including world-class registration and scheduling system
- Guidance on networking and marketing
*Many of our enrichment classes, including one-on-one tutoring sessions, help our students apply math, reading, and writing skills, while other classes are play-based and introduce children to important life-skills that emphasize critical and creative thinking, plus social, physical, and emotional health and wellbeing.
Franchise Discount Opportunities For Veterans
1 We currently offer a 5% discount to qualifying military veterans.
| Typical Expenditures | Amount |
|---|---|
| Initial Franchise Fee | $59,500 1 |
| 3rd Party Registration/Billing Software Fee | $720 |
| Leasehold improvements | $0 |
| Office Equipment, Software and Supplies | $9,000 - $12,000 |
| Professional Fees | $2,500 - $4,000 |
| Business Licenses, Permits, etc. | $500 - $4,000 |
| Insurance | $3,900 - $5,000 |
| Automobile Insurance | $2,500 - $4,000 |
| Training Expenses | $3,250 - $7,500 |
| Initial Marketing and Promotions | $1,500 - $3,000 |
| Additional Materials | $5,000 - $20,000 |
| Miscellaneous Expenses | $500 - $1,000 |
| Additional Funds | $12,000 - $20,000 |
| Total | $95,870 - $140,720 |
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 (888) 824-4885 or [email protected].
