IDEA Lab Kids
STEAM enrichment classes, camps, and parties

About
Founded

2012

Franchising Since

2016 (3 Years)

Corporate Address

800 Gessner, #100
Houston, TX 77024

CEO

Ghazal Qureshi

Parent Company

IDEA Lab Int'l. Franchise Co.

Financial Requirements
Initial Investment

$123,000 - $246,100

Liquid Cash Requirement

$25,000 - $50,000

Ongoing Fees
Initial Franchise Fee

$35,500 - $35,500

Ongoing Royalty Fee

8%

Ad Royalty Fee

1%

Financing Options

IDEA Lab Kids offers in-house financing to cover the following: franchise fee

IDEA Lab Kids has relationships with third-party sources which offer financing to cover the following: 
franchise fee, startup costs, equipment, inventory

Veteran Incentives

5% off franchise fee

Support Options
Ongoing Support

Purchasing Co-ops

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

On-The-Job Training:

25 hours

Classroom Training:

35 hours

Cost
Initial Investment: Low - $123,000 High - $246,100
Units
+27.3%+3 UNITS (1 Year)

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units worldwide.
Franchise Financing
Using 401(K)/IRA Funds
  • Tax Penalty-Free
  • Debt Free
  • Expert Guidance
Learn More

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.
Updated: July 2nd, 2019