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2021 Franchise 500 Rank
#316 Not ranked last year
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Initial investment
$163K - $465K
Units as of 2021
21 250.0% over 3 years

Company Overview

About IDEA Lab Kids

Founded
2012
Parent Company
IDEA Lab Int'l. Franchise Co.
Leadership
Devina Bhojwan, President & CEO

Franchising Overview

Franchising Since
2016 (5 years)
# of employees at HQ
19
Where seeking

This company is seeking new franchisees throughout the US.

This company is seeking new franchisees worldwide.

# of Units
21 (as of 2021)

Franchisor Information

Corporate Address
800 Gessner, #100
Houston, TX 77024

Information for Franchisees

Here’s what you need to know if you’re interested in opening a IDEA Lab Kids 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
$35,500
Initial Investment
$163,000 - $465,000
Cash Requirement
$25,000 - $50,000
Royalty Fee
8%
Ad Royalty Fee
1%
Term of Agreement
10 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
30-50 hours
Classroom Training
35-65 hours
Ongoing Support
Newsletter
Meetings & Conventions
Grand Opening
Online Support
Security & Safety Procedures
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
Marketing Support
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App

Operations

Additional details about running this franchise.

Is absentee ownership allowed?
No
Can this franchise be run from home/mobile unit?
No
Can this franchise be run part time?
No
Are exclusive territories available?
Yes

Franchise 500 Ranking History

Compare where IDEA Lab Kids landed on this year’s Franchise 500 Ranking versus previous years.

Additional Rankings

Curious to know where IDEA Lab Kids ranked on other franchise lists? Find out below.

Ranked #316

Franchise 500 Ranking

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021