
RoboThink LLC
STEM programs- 2023 Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$46K - $125K
- Units as of 2017
-
13
Company Overview
About RoboThink LLC
- Industry
- Children's Businesses
- Related Categories
- Children's Enrichment Programs: Miscellaneous, Tutoring
- Founded
- 2016
- Parent Company
- Life & Science LLC
- Leadership
- Danny Park, CEO
- Corporate Address
-
37 Sheerwood Terr., #122
Lake Bluff, IL 60044
Business Overview
- Franchising Since
- 2016 (2023-2016 years)
- # of employees at HQ
- 12
- Where seeking
-
This company is offering new franchisees in the following US states:
This company is offering new franchisees in the following international regions:
- # of Units
- 13 (as of 2017)
Information for Franchisees
Here's what you need to know if you're interested in opening a RoboThink LLC franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
-
Initial Franchise Fee
Information Circle - $35,000
-
Initial Investment
Information Circle - $46,000 - $125,000
-
Net Worth Requirement
Information Circle - $50,000
-
Cash Requirement
Information Circle - $50,000
-
Veteran Incentives
Information Circle - 10% off franchise fee
-
Royalty Fee
Information Circle - 7%
-
Ad Royalty Fee
Information Circle - 1.5%
-
Term of Agreement
Information Circle - 5 years
- Is franchise term renewable?
- Yes
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
- On-The-Job Training
- 10 hours
- Classroom Training
- 30 hours
- Ongoing Support
-
Purchasing Co-opsNewsletterMeetings & ConventionsToll-Free LineGrand OpeningOnline SupportSecurity & Safety ProceduresLease NegotiationField OperationsSite SelectionProprietary SoftwareFranchisee Intranet Platform
- Marketing Support
-
Co-op AdvertisingAd TemplatesSocial MediaSEOWebsite DevelopmentEmail MarketingLoyalty Program/App
Operations
Additional details about running this franchise.
- Is absentee ownership allowed?
- Yes
-
Can this franchise be run from home/mobile unit?
Information Circle - Yes
-
Can this franchise be run part time?
Information Circle - No
- # of employees required to run
- 2
-
Are exclusive territories available?
Information Circle - Yes
Interested in ownership opportunities like RoboThink LLC? Request a free consultation with a Franchise Advisor now.
Franchise 500 Ranking History
Compare where RoboThink LLC landed on this year's Franchise 500 Ranking versus previous years.
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