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    Snapology

    Description

    What to know about Snapology franchise?

    Snapology offers curriculum-based courses, events and learning experiences using building toys, robotics, coding and engineering techniques. Snapology is a franchise concept in the Education Programs industry.

    Investment Amount

    $86K-$220K

    Franchise Fee

    $24,900-$67,500

    Year of Founding

    2010

    U.S. Franchised Units

    58

    U.S. Corporate Units

    2

    Total U.S. Units

    60

    Franchise Data
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    * Closed includes terminations, non-renewals, and ceased operations

    Franchise Graph
    Additional Details

    Where was Snapology founded?

    Snapology was founded in Bridgeville, Pennsylvania.

    When did Snapology start offering franchises

    Snapology started offering franchises in 2015.

    How much does a Snapology franchise cost?

    The minimum amount required for a franchisee to invest is $86,400, and can go all the way up to $220,500.

    How many Snapology units are in the United States?

    There are 60 Snapology locations in the United States, of which 2 are corporate units and 58 are franchise units.

    From the Franchise Disclosure Document of Snapology, that was issued on April 20, 2020.

    The franchise that we offer is for a Snapology business that provides curriculum-based courses, events and hands on learning experiences using LEGO® brand bricks, K’Nex® brand toys, their substitutes and other building toys, robotics, animation, coding and engineering techniques, services, and products under the Snapology name and marks.

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    Details
    • Investment Amount Low

      $86,400

    • Investment Amount High

      $220,500

    • U.S. Franchised Units

      58

    • U.S. Corporate Units

      2

    • Total U.S. Units

      60

    • Year of Founding

      2010

    • Started Offering Franchises

      2015

    • Marketing Fee

      1.0%

    • Royalty Fee

      6.0%

    • Franchise Fee

      $24,900-$67,500

    • Item 19 - Franchise Financials Disclosed?

      Yes

    • Headquarters (State)

      Pennsylvania

    • Headquarters (City)

      Bridgeville

    • Issuance of FDD (Data Last Updated)

      4/20/2020

    • Last Updated on Vetted Biz

      August 2020

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    Detailed Metrics

    Detailed Franchise metrics for Snapology Detailed Franchise Metrics are metrics calculated and reviewed by Vetted Biz. You can find the available metrics for Snapology below. “N/A” or Not Applicable results mean that there is not enough data available to compute a precise rate or that the result is not mathematically computable. When results are not mathematically computable, you should pay attention to the absolute values (#) instead of the percentage rate itself.

    U.S. Franchised Units

    58

    U.S. Corporate Units

    2

    Total Number of Units

    60

    Industry Report Request

    Download our guide to compare Snapology to the Education Programs, STEM industry.

    By clicking the button, you agree to Vetted Biz’s Terms of Use and Privacy Policy and consent to receive notices and other communications electronically.

    SBA Loan Data

    SBA Loan for Snapology Details

    Please visit the SBA Loan Franchise Directory for the latest details on each franchise and its SBA loan eligibility.

    Vetted Biz has reviewed the SBA Loan Data for Snapology. Snapology is available for SBA financing. Snapology's SBA Franchise Identifier Code was issued on October 1, 2017. Snapology also meets the Federal Trade Commission's definition of a franchise.

    SBA Loan Information
    • Loan Eligible for SBA financing (listed on SBA Franchise Directory)?

      Yes

    • Meets the FTC's definition of a franchise?

      Yes

    • Franchise Identifier Code for SBA Loans

      S1594

    • Issuance Date of Identifier Code

      October 1, 2017

    • Addendum Required for SBA Financing?

      Yes

    • SBA Negotiated Addendum

      Yes

    • FDD Issuance Date

      4/20/2020

    • Last Reviewed on SBA Franchise Directory

      June 2020

    • Last updated on Vetted Biz

      August 2020

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    Detailed SBA Loan Data Request

    Contact us today for a due diligence on all current and past SBA Loans issued to Snapology

    As part of our due diligence process for franchises, we review the SBA loan success ratio. This is a fundamental indicator for measuring past success for a given franchise brand. We review SBA loan data for the past 30 years (including SBA loans paid in full and charged off). If you engage our services, we will vet Snapology for items that influence the business success should you decide to buy a Snapology franchise. The SBA loan success ratio is an important factor we consider along with other items included on our franchise search & due diligence page.

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