- 2022 Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$84K - $160K
- Units as of 2022
-
14 133.3% over 3 years
Here’s what you need to know if you’re interested in opening a Stemtree franchise.
Founded by Abdelghani Bellaachia (known as Dr. Bell), who has a Ph.D. in Software Systems, Stemtree offers camps, after-school programs, and programs for homeschooled children based on technology, engineering, science, and mathematics. Stemtree’s main science programs are put into practice through robotics, mathematics, science, electricity and electronics, and coding workouts.
The main goal of Stemtree is to provide fun scientific activities to children that will help them at school or with their scientific and engineering careers.
Stemtree was founded in 2014 and began franchising in 2016. Since then, it has opened several franchises across the United States.
Why You May Want To Start a Stemtree Franchise
Stemtree programs include regular programs, after-school programs, tutoring, after-school pick-up, and birthday parties. Stemtree also provides children camps with one-on-one instruction, offering a high-level individualized connection among students and teachers.
To be a part of the Stemtree team, it’s ideal that the franchisee enjoys scientific and mathematical matters, likes to deal with people, and has a passion for helping others. There’s no need to have any experience in the field to open a Stemtree franchise.
If awarded a franchise, franchisees may receive a great deal of support from the Stemtree brand throughout the franchising process. In addition to pre-opening training, Stemtree franchisees receive support through brand awareness, marketing, research, and construction. Franchisees may also receive hands-on training and continued support after their franchise location has opened.
What Might Make a Stemtree Franchise a Good Choice?
Stemtree helps children grow in school by providing them with scientific education to compete for jobs in the high-tech industry. It supports students in building theoretical foundations in key topics such as technology, science, and engineering, and providing experiments and hands-on activities that offer a deep understanding of the scientific and mathematical fields.
Opening a Stemtree franchise could offer a more predictable outcome than investing in a completely new brand that may struggle to thrive in an already crowded and competitive industry.
How To Open a Stemtree Franchise
To be part of the Stemtree team, you should make sure you’re financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for ongoing fees that will include advertising fees and royalty fees. Franchisees will also need to meet the company’s set net worth and liquid capital requirements.
As you decide if opening a Stemtree franchise is the right move for you, make sure you take time to explore the opportunity. Research the brand and your local area to see if a Stemtree franchise would do well in your community. While competition is healthy, too much of it may not allow for the most possible growth.
Before making any financial commitment or signing an agreement, you must perform your due diligence and establish if this is the right opportunity for you. As part of your due diligence, you may want to speak to existing franchisees and ask the Stemtree franchising team questions.
Company Overview
About Stemtree
- Industry
- Children's Businesses
- Related Categories
- Children's Enrichment Programs: Miscellaneous, Tutoring, Children's Education/Enrichment
- Founded
- 2014
- Parent Company
- Stemtree Education Center LLC
- Leadership
- Abdelghani Bellaachia, Founder & CEO
Franchising Overview
- Franchising Since
- 2016 (6 years)
- # of employees at HQ
- 10
- Where seeking
-
This company is seeking new franchisees worldwide.
This company is seeking new franchisees in the following US states: Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, District of Columbia, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, North Carolina, North Dakota, Nebraska, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming
- # of Units
- 14 (as of 2022)
Franchisor Information
Information for Franchisees
Here’s what you need to know if you’re interested in opening a Stemtree 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
- $38,500
- Initial Investment
- $83,800 - $159,800
- Net Worth Requirement
- $169,000
- Cash Requirement
- $100,000
- Veteran Incentives
- 10% off franchise fee
- Royalty Fee
- 8%
- Ad Royalty Fee
- 2%
- Term of Agreement
- 5 years
- Is franchise term renewable?
- Yes
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
- Third Party Financing
- Stemtree has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll
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
- 8 hours
- Classroom Training
- 38 hours
- Ongoing Support
-
Purchasing Co-opsNewsletterMeetings & ConventionsToll-Free LineGrand OpeningOnline SupportSecurity & Safety ProceduresLease NegotiationSite SelectionFranchisee Intranet Platform
- Marketing Support
-
Co-op AdvertisingAd TemplatesRegional AdvertisingSocial MediaSEOWebsite DevelopmentEmail Marketing
Operations
Additional details about running this franchise.
- Is absentee ownership allowed?
- Yes
- Can this franchise be run from home/mobile unit?
- No
- Can this franchise be run part time?
- Yes
- Are exclusive territories available?
- Yes
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