If you’re interested in getting started with Engineering For Kids, we invite you to take a look at the investment information to get a better understanding of what is initially expected of you financially. Our costs are quite a bit less than other franchises as a result of not needing a brick and mortar retail space and low initial staffing needs.
The numbers below are simply estimates of costs and may vary depending on local market prices, but will give you a better understanding of what you should expect.
| Initial Franchise Fee | $30,000 |
| Rent | $7,500 - $15,000 |
| On-site Location Review | $0 - $500 |
| Leasehold Improvements | $10,000 - $50,000 |
| Furniture, Fixtures, and Equipment | $5,000 - $7,500 |
| Office Equipment and Supplies | $1,150 - $3,700 |
| Opening Inventory and Supplies | $5,000 - $9,000 |
| Classroom Laptop Computers | $3,000 - $6,000 |
| Initial Marketing Campaign | $2,500 Minimum |
| Training Expenses | $900 - $1,500 |
| Insurance – 3 months | $500 - $750 |
| Business Licenses | $50 - $200 |
| Professional Fees | $1,000 - $2,000 |
| Utility Deposits | $0 - $500 |
| Technology Fee – 3 months | $600 |
| Additional Funds – 3 months | $4,000 - $10,000 |
| TOTAL ESTIMATED INITIAL INVESTMENT (excluding real estate costs) | $71,200 -$139,750 |
To learn more about the initial investment, don’t hesitate to reach out to our team today.
Franchise Discount Opportunities
Engineering For Kids is proud to offer our prospective child education franchise owners a low initial investment, but we don’t stop there. We are also committed to offering additional discounts for qualified applicants. The VetFran program from the International Franchise Association (IFA) member companies offers a 10% discount to honorably discharged veterans and encourages them to explore franchise ownership. We also offer this discount to teachers.
Ready to Change Lives Through Education?
Contact Us Today!Industry & Media Recognition
