iKids Inc. Franchise Opportunities
iKids Inc. offers educational after-school programs with exceptional standards, all inclusive service, and excellent student to staff ratios, large variety of supplemental activities to meet the needs of any child from computers to cooking, sewing to science, and more. The company was founded in the greater Houston area in 2007. It also provides franchise opportunities. As of 2018, the company operates 2 locations in the United States.
How much does iKids Inc. franchise cost?
iKids Inc. has the franchise fee of up to $45,000, with total initial investment range of $106,650 to $127,500.
Initial Investment: $106,650 - $127,500
Net-worth Requirement: $70,000
Minimum cash required: $50,000
Ongoing Fees
Initial Franchise Fee: $45,000
Initial Investment and Startup Costs
| Type of Expenditure | Amount |
|---|---|
| Initial Franchise Fee | $45,000 1 |
| Leasehold improvements | $0 |
| Office Equipment, Software and Supplies | $9,000 - $12,000 |
| Professional Fees | $2,500 - $4,000 |
| Business Licenses, Permits, etc. | $500 - $1,000 |
| Additional Materials 2 | $20,000 - $25,000 |
| Insurance | $3,900 - $5,000 |
| Automobile Insurance | $3,500 - $4,000 |
| Training Expenses | $5,250 - $7,500 |
| Initial Marketing and Promotions | $1,500 - $3,000 |
| Miscellaneous Expenses | $500 - $1,000 |
| Additional funds (3 months) | $15,000 - $20,000 |
| Total | $106,650 - $127,500 |
1 We currently offer a 10% discount to qualifying military veterans.
2 This range reflected the estimated cost of purchasing program-related materials needed to begin offering services.
iKids Inc. Franchise Expansion Plans:
Franchisor is seeking new franchise units in the USA
iKids Inc. Franchise Info: http://www.ikidsufranchise.com
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Starting investments from:$106,650
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Company type:Education center