Children Franchises, Kids Franchise - Idealabkids

Franchise Opportunities

Rock Your Grey Matter®

IDEA Lab is unique franchise opportunity that allows our franchisee business partners to build a financially valuable business by providing multiple revenue streams.

We are seeking to partner with driven professionals and investors who have a passion for building a profitable business while also making a positive impact in their community by provided S.T.E.A.M Education.

A background in childcare or education but a passion to educate kids is desirable to succeed as an IDEA lab franchise.  Our strongest franchise business partners today come from diverse backgrounds such as sales, staffing, marketing, finance and general business management with all having a common goal of making difference early childhood education.

Our franchisee business partners may choose an active role in the business as the full-time General Manager or decide to hire a full-time General Manager and serve in a more semi-absentee role. We can help you determine which path may be right for you.

At IDEA lab, you won’t have to make a choice between helping others and financial success, our business offers you the ability to do both.

Company History

IDEA Lab began in the summer of 2009 when then Ghazal Qureshi, Data Scientist / Computer Science Graduate, decided to find unique summer camps for her kids. She recognized a need for a unique and specialized STEAM classes that put the Art into Science, Technology, Engineering, and Math for an integrated, holistic, and creative approach to learning. She started IDEA Lab summer camps in premise of another child play business and since than IDEA lab has grown into full multi-revenue stream business model working directly with school districts and owning several locations in Houston. It is this commitment to provide STEAM education to kids and proprietary system that distinguishes the company today.
For more information on becoming a franchise partner, complete the “Request Info” form or contact us at
Franchise@idealabkids.com

Q: Do I need experience to operate a IDEA Lab franchise?

A: No. We provide a complete training program including marketing, operations, accounting and technology training. We as successful educational service providers have found ways to leverage the technology to our great benefit. The tools we provide help students learn in new and exciting ways, but they will help you manage students, administrative functions and source material distribution more efficiently.

Q: Can I operate a IDEA Lab franchise with no educational background and still keep my regular full-time job?

IDEA Lab requires entrepreneur spirit. However, if you do not have the flexibility to run classes, in-school field trips, camps and birthday parties, then you will have to hire a manager who must attend our training week in Houston, TX. Taking annual one-week training (no charge) to keep up to date on various educational techniques.

Q: What kind of methodology is used by IDEA Lab?

It’s about exploring the world together and supporting children’s thinking rather than just giving them ready-made answers. Teaching method we use are

TPR© (Total Physical Response) Method

Harkness Method

Reggio Emilia Method

Project Based Learning

Our curriculum is built primarily using seven learning styles Spatial, Auditory, Linguistic, Kinesthetic, Logical, Social and Solitary

Q: Why should I not try it on my own?

We have honed our operations to give our franchisees the best possible opportunity for success. Why risk it on your own when you can leverage our expertise and experience? So why have the competition when you can be the only one operating such a business?

We are continuously evolving and you will have access market research like no one else, cutting edge marketing material.  FOR YOU, this means we have the experience, the expertise, and credibility to help you deliver the very best product in your market.

Q: What makes a successful Franchisee?

A: There are three elements to any successful franchise relationship: a great Concept, a good location/territory and a great operator. We have the first element, and we’ll help you find the second. The real key is always the operator. YOU as a Franchisee, make all the difference. A Franchisee that is willing to follow a proven system, and is committed to excellence, consistency and constant, positive communication with his/her students and community will always have great success.

Q: Will you help me in marketing?

Yes. We will provide a proven marketing package specifically for your territory, as well as production and strategic assistance with your on-going local marketing efforts. We will also provide training and technique to work with your local school and organization.

Q: What are the revenue streams?

We are continuously evolving you will conduct Pre-K drop-in classes, birthday parties, workshop, field trip, school day off camps, after school classes, after school pickup curriculum, lego league, elementary school classes.

Q: How soon can I be in business once I have executed a franchise agreement and located a mutually accepted site?

A: You can be open for business generally within 30 to 60 days after your training has been completed. Okay, I’m ready to open my first IDEA lab® franchise.

Q. How long before I start to make money?

There are so many variables that go into answering this question. One of the major variables when calculating “time to cash flow positive” is debt service. Some franchisees open learning centers with no debt, while other franchises may take out loans for 70% of the total investment required. We encourage you to speak with our existing and/or former franchisees to learn more about the length of time it took them to reach the point where their learning center was cash flow positive. We will help you with finding location and building contracts with YMCA, local community center to get your cash flow started before you open your center. You can start working with Mobile birthday parties and after school classes immediately to start your cash flow.

Q. How much does an IDEA Lab franchise cost?

Depending on whether you choose a single unit or multi-unit opportunity, the fees, and initial investment will vary. A single business unit license begins with a franchise fee of $17,500 (Base)-$25,000 (Plus) based on territory size.

Option 1 – IDEA Lab Learning Center: The estimated initial investment of a single unit IDEA Lab, including the franchise fee, learning center build out and working capital, is between $176,700 and $228,700.

Option 2 – Home-Based Opportunity (Maximum up to 18 months ) and Moving to IDEA Lab learning center: total investment could be $35,000 to $55,000 mostly depending on your first 3 months of operating cost.

A breakdown of this investment is located in Item 7 of our Franchise Disclosure Document (FDD). A multi-unit franchise opportunity is also available

Q. Is this a growing industry?

Yes, in most parts of the country childcare and education services are growing. In fact, the Small Business Administration recently named both the childcare and education industries in their “Top Ten” categories for growth.

Q. Can I have a protected territory?

Yes. The formula for calculating protected territories is outlined in the Franchise Disclosure Document (FDD).

Q. Can I purchase more than one territory?

Yes. In-fact IDEA Lab is seeking business owners who are interested in growing multiple retail units.

Q. How long does it take to get started?

One of the benefits of the IDEA Lab business model is that you are able to start generating revenue even before the opening of your learning center and the official start of your business. We will support you in securing school contracts and finding location for summer camps. You are required to open Idea Lab learning center in 6-18 months after signing the franchise agreement but will vary depending on a number of factors, namely, your commitment to finding and building out a site and the availability of local real estate. 

Q. How can I learn more?

By filling out the brief form in “Getting Started” form. We will then contact you to provide you with our Franchise Disclosure Document and help you learn more.

Buying a franchise is a complex investment, The information we provide can help you make the final decision. More information on a franchise, such as “A Consumer’s guide to Buying a Franchise” can help you understand franchising better.

SIX STEPS TO OWNING AN IDEA LAB KIDS FRANCHISE

Step 1 – Getting to Know You: Complete and submit the online Information Request Form so that a member of our franchise development team can reach out to you via email and phone to provide you with the initial information on our Franchise program.

Step 2 – Know us More: If there is a fit for both parties we will further explore the IDEA Lab® model and how it will apply to your exclusive territory. You will then receive our FDD (Franchise Disclosure Document) to review and sign.

Step 3 – Training and Support: You will learn about the unparalleled level of service and support you will receive from us.

Step 4 –Understand the Business Model: We’ll set up a time when you can speak with the Regional Directory, who will answer your questions on the FDD, the operations of the business and any other questions you may have.

Step 5 – Discovery Day: Come and meet the IDEA Lab team face to face in Houston (1-2 Days) or Virtual Call (if opting for Home Based Model).  A Discovery Day or Discovery Webinar will typically lead to a final decision to move forward.

Step 6 – Franchise is Awarded: Congratulations, you’ve met all the requirements and are ready to begin training. You’ll come to our corporate headquarters in Houston, TX for a comprehensive one-week training in operating your franchise; from day-to-day functions to the proprietary IDEA Lab® teaching methods. Once training is successfully completed, you are fully equipped and prepared to immediately begin operating your franchise.


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Idea-Lab-Great-Day-Houston

Watch Idea Lab Kids with Debra Duncan @ Great Day Houston

IDEA Lab birthday parties are a fun and unique way to celebrate. Some of the parties have created a long lasting impression on kids, it’s always a huge hit!

Monroe Family, Mobile Birthday Party , 11/1/2015

We are thrilled to bring IDEA Lab programs to the New Territory, Sugarland. Whether it is an after-school class, as a workshop, a camp, a science show or a unique birthday party, kids and parents absolutely love our programs. The response from the community, kids, parents and educators really give Sugarland community an amazing feeling of accomplishment and pride. Every day we get to educate and entertain kids with fun experiments and IDEA Lab lessons.

Shetty Family, Summer Camp Attendee, 03/25/2016

We added few of the afterschool classes from the extensive list of lesson plans and activities to our program and it has been the best decision ever. 

Elementary School Teacher, 09/06/2016