STEMTech Kids Franchise Inc.

At a Glance

Products & Services: Science, technology, engineering and math programs

Number of Locations: 1

Total Investment: $29.8K - $36.1K

Founded: 2013

Began Franchising: 2014

Franchise Units

Year U.S. Canadian International Company Owned
2014 0 0 0 1
Where Seeking Franchisees: Franchisor is seeking new franchise units in the following states:
Alaska, Alabama, Arkansas, Arizona, California, Colorado, Delaware, Florida, Iowa, Idaho, Illinois, Indiana, Kansas, Louisiana, Massachusetts, Michigan, Minnesota, Missouri, Mississippi, Montana, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Oregon, Pennsylvania, Tennessee, Vermont, Wisconsin, West Virginia, Wyoming.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $29,800 - $36,100
Franchise Fee: $25,000
Ongoing Royalty Fee: 10%
Term of Franchise Agreement: 10 years, renewable
Veteran Incentives: 15% off franchise fee
Financial Requirements
Net Worth: $50,000
Liquid Cash Available: $30,000
Operations
Franchise can be run from home. Number of employees needed to run franchised unit: 1 - 5. Absentee ownership of franchise is NOT allowed..
Direct Capital
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters: 3 days. At franchisee's location: as needed.
Ongoing Support: Newsletter, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations
Marketing Support: Ad slicks,
Other marketing support: Online

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