Kidcreate Education Franchise Review (2024)
Kidcreate Studio is an art studio education franchise, just for kids. They specialize in children’s art classes, camps, and art-themed birthday parties, for kids aged 18 months to 12 years. The idea is to provide frustrated parents with a solution at a time when access to art education in schools is rapidly declining.
Art teaches math, science, history, and creativity and best of all, art makes learning fun. According to studies, children participating in the arts are more likely to excel at school and in life. Children benefit from creating art as it helps build confidence, problem solving skills, and social skills. But, art can also help a child become a better student.
Studies also show that art education has a measurable positive impact on academics.
Kidcreate Education Franchise
Kidcreate’s curriculum, designed by art education professionals, is tailored to match the developmental needs of children at different ages. They offer fast moving, energized classes for high energy toddlers, preschool classes that encourage their growing independence, and school-aged classes that encourage self-confidence and creativity.
Kidcreate has a unique offering in the market, franchisees have a studio location and also mobile units in which they go to the school, preschool, community center, etc.
Management Team
Founder, Lara Olson, started Kidcreate Studio after being discouraged by the limited art exposure her son was receiving at school. In art class, he found tremendous joy in the creative process and none of the frustrations he was experiencing in some of his other classes.
Lara understood this, she too gravitated toward art as a child. Lara believed in the power of art to teach, inspire and build self-esteem. She also understood that art makes learning fun and a fun learning environment was exactly what her son needed. So in 2007 she decided to leave her job and create Kidcreate. By 2013 she had 2 corporate studios open and in 2016 they started franchising.
Childhood Education Franchise Industry Analysis
Education franchise Strengths
- Flexible business model that allows franchisee to set own schedule and scale as they see fit
- Relatively low investment level
- Operationally simple, easy to learn
- Creates all proprietary curriculum and lessons
- Franchisees have a studio location and mobile unit
Franchise Weaknesses
- Location, site selection and capability to enter vendor locations are quite important in dictating the success of the business
- Need to find art teachers
Franchise Opportunities
- Ability to adapt and grow with an emerging franchisor in an under-penetrated market
- Territories available all over the U.S.
- Chance to fulfill a market niche not currently being adequately addressed
- Research has shown that arts integration engages students in learning, reduces misbehavior, strengthens community, and can improve test scores, particularly among at-risk youth (Edutopia)
Franchise Threats
- Inability to continue to adapt to the ever-changing educational new best-practices and landscape
- Other “outside of the classroom” educational programs entering your school
- Possibility to compete directly with school & local government sponsored programs
How Much is a Kidcreate Franchise?
Kidcreate Franchise cost ranges from $110,705 to $266,270 according to the 2020 FDD.
| Cost Types | Amount (in USD) | When Due | To Whom Payment is to Be Made | |
|---|---|---|---|---|
| Low | High | |||
| Franchise Fee | $45,000 | $45,000 | Upon signing FA | Franchisor |
| Launch Fee | 13,500 | 13,500 | Upon signing FA | Franchisor |
| Rent, Security Deposit, Utility Deposit | 3,000 | 15,000 | As agreed | Landlord, Utility Companies |
| Leasehold Improvements | 5,000 | 75,000 | As agreed | Landlord, Contractors, Other Suppliers |
| Furniture, Fixtures and Equipment | 7,500 | 17,000 | As agreed | Approved Suppliers |
| Architect | 1,000 | 12,000 | As agreed | Approved Suppliers |
| Initial Inventory and Supplies | 5,500 | 9,500 | Upon Delivery | Franchisor and Approved Suppliers |
| Shipping for Unit Boxes | 60 | 100 | As agreed | Franchisor |
| Insurance | 1,000 | 2,500 | As agreed | Insurance Providers |
| Business Licenses and Permits | 200 | 500 | As agreed | Third Parties |
| Professional Fees | 1,000 | 4,000 | As agreed | Attorney, Accountant |
| Signage | 4,000 | 12,000 | As agreed | Approved Suppliers |
| Computer & POS | 7,000 | 8,000 | As agreed | Approved Suppliers |
| DB Software Implementation Fee | 1,500 | 1,500 | Upon Delivery | Franchisor |
| CR Software Implementation Fee | 500 | 500 | Upon Delivery | Franchisor |
| Grand Opening Promotion | 5,000 | 10,000 | As agreed | Approved Suppliers |
| Uniforms | 100 | 250 | As agreed | Approved Suppliers |
| Tecnology Fees | 1,845 | 4,920 | Monthly, upon signing FA | Franchisor |
| Initial Training Expenses | 3,000 | 5,000 | As agreed | Airline, Hotel, Restaurants, Etc. |
| Additional Funds – 3 Months | 5,000 | 30,000 | As agreed | Third Parties |
| Total | $110,705 | $266,270 | ||
How Much does a Kidcreate Franchise make?
| Year | Gross Sales Eden Prairie | Gross Sales Woodbury |
|---|---|---|
| 2019 | $466,044 | $332,952 |
| 2018 | $468,960 | $287,370 |
| 2017 | $430,800 | $249,106 |
| 2016 | $411,278 | $240,435 |
| 2015 | $397,717 | $230,468 |
| 2014 | $344,700 | $202,500 |
| 2013 | $312,300 | $151,200 |
| Location | Date Opened | Studio Sales | Studio Sales as a % of Gross | On-the-Go-Sales | On-the-Go Sales as a % of Gross | Total Gross Sales |
|---|---|---|---|---|---|---|
| Fayetteville, NC | Dec. 2017 | $59.132 | 90% | $6.645 | 10% | $65.777 |
| Greenville, SC | Oct. 2018 | $38.474 | 91% | $3.620 | 9% | $42.093 |
| Mansfield, TX | Feb. 2018 | $56.573 | 88% | $7.815 | 12% | $64.388 |
| Rock Hill, SC | Nov. 2018 | $53.590 | 2% | $11.392 | 18% | $64.982 |
| Savage, MN | jun-18 | $44.401 | 70% | $19.350 | 30% | $63.751 |
| Location | Studio Sales | Studio Sales as a % of Gross | On-the-Go-Sales | On-the-Go Sales as a % of Gross | Total Gross Sales |
|---|---|---|---|---|---|
| Eden Praire, MN | $61.737 | 51% | $58.216 | 49% | $119.953 |
| Woodburry, MN | $41.737 | 43% | $54.380 | 57% | $96.117 |
| Fayetteville, NC | $16.532 | 95% | $826 | 5% | $17.358 |
| Greenville, SC | $13.771 | 82% | $3.007 | 18% | $16.778 |
| Mansfield, TX | $19.897 | 91% | $1.972 | 9% | $21.869 |
| Rock Hill, SC | $13.767 | 88% | $1.870 | 12% | $15.637 |
| Savage, MN | $17.876 | 62% | $10.752 | 38% | $28.627 |
