Engineering for kids FDD Summary
Type of Business
The franchise will offer educational activities, namely, providing seminars, classes, camps, workshops, conferences, and programs in the fields of math, science, technology, and engineering, using our business system and the “Engineering for Kids” trademarks.
Corporate Information
EK Franchising Company is a corporation formed in The Commonwealth of Virginia on July 27, 2010. Their principal business address is 2781 Jefferson Davis Highway, Suite 107, Stafford, Virginia 22554, but they now maintain a corporate office at 1320 Central Park Boulevard, Fredericksburg, Virginia 22401, . They began to offer franchises for Engineering for Kids Businesses in September 2011.
Investment
The estimated total investment necessary to begin operation of an Engineering For Kids franchise is $38,175 to $58,125 for home based business with a standard territory (or $27,175 to $47,125 for a home based business with a half-territory) and $60,675 to $93,625 for a business based at a retail “Engineering For Kids” center with a standard territory (or $49,675 to $82,625 for a center-based business with a half-territory). This includes $22,500 to $23,000 that must be paid to the franchisor if you have a standard territory, or $11,250 to $11,725 that must be paid to the franchisor if you have a half-territory.