Young Engineers offers educational courses using LEGO bricks to teach math, physics, and engineering concepts to children and adults through play-based learning. The franchise emphasizes interactive STEM education.
Key Insights
- Young Engineers began with a vision to inspire young minds through hands-on learning, evolving from a single location to a network of educational centers dedicated to fostering innovation and problem-solving skills in children. The business has consistently focused on providing engaging and effective programs.
- The franchise operates by offering after-school clubs, camps, and workshops that use LEGO® bricks and other engaging materials to teach principles of engineering, robotics, and technology. Franchisees benefit from a proven curriculum and operational model.
- The franchise operates within the burgeoning educational technology and supplemental learning sector, an industry experiencing sustained growth driven by increasing parental investment in STEM education and the demand for creative learning experiences.
Franchise Fee and Costs to Open
Exploring the financial picture of Young Engineers gives insight into both the upfront commitment and the potential revenue opportunity. According to FDD Item 7, opening this franchise typically involves an investment in the range of $36,400 - $59,183, along with a franchise fee of $25,000 - $25,000.
Financial Performance and Revenue
Training and Resources
Young Engineers provides comprehensive training for new franchisees. This initial training offers in-depth program instruction and operational guidance. It is conducted over two weeks at the Young Engineers corporate headquarters. Additionally, franchisees are provided access to ongoing resources and support materials to aid their business development journey.
Legal Considerations
Legal considerations for a Young Engineers franchisee are defined by the Franchise Disclosure Document (FDD) and the Franchise Agreement. This franchise does not disclose lawsuits or bankruptcy information in its FDD, but prospective franchisees should still review all terms thoroughly. Consultation with a qualified attorney is essential before making commitments.
Challenges and Risks
Operating a Young Engineers franchise involves navigating local educational landscapes, understanding the demand for STEM programs, and sourcing specialized equipment. Franchisees may encounter competition from existing tutoring services or other extracurricular activity providers. Managing class schedules, instructor recruitment, and maintaining program quality present operational considerations. Furthermore, consistent access to robotics kits and curriculum materials relies on established supply chains, requiring proactive inventory management.
Franchise Datasheet
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