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What are My Startup Costs?

We offer two types of franchise models: an 'Academy' or a light-weight 'Studio' model.

Our 'Academy' is our standard franchise model for territories where there are at least 4000 children between the ages of 5-14 . Our 'Studio' franchise model doesn't require an investment in a fixed location and is meant for smaller territories. An 'Academy' franchise also includes rights to deliver Steamoji at remote locations, such as at schools, community centers, libraries, etc.

The total investment to open a new Steamoji Academy franchise ranges from $197,000 to $396,500. This figure includes a $40,000 franchise fee, as well as the costs for equipment, training, leasing a property, and other items outlined in the chart below.

EXPENDITURE ACADEMY STUDIO
Initial Franchise Fee $40,000 $15,000
Initial Software License Fee $2,500 $2,500
Leasehold Improvements $60,000 to $150,000
Lease Payments (3 Months) $6,000 to $21,000
Permits & Insurance $500 to $4,000 $200
Architect & Engineering Fees $5,000 to $10,000
Fixtures, Furnishings & Equipment $25,000 to $50,000 $5,000
IT & Office Equipment $10,000 to $15,000 $10,000
Fabrication Equipment $15,000 to $20,000 $15,000
Project Kit $10,000 to $15,000 $10,000
Initial Supply of Consumables $1,000 to $2,000 $1,000
Other Products & Supplies $1,000 to $2,000 $250
Launch Marketing (w/ Grand Opening) $15,000 to $20,000 $5,000
Professional Fees $1,000 to $5,000 $1,000
Working Capital (3 months) $5,000 to $40,000 $5,000
Total Estimated Investment $197,000 to $396,500 $77,500

Franchise candidates should have a minimum of $100,000 in liquid capital and a net worth of at least $250,000 to get started. The decision to open an Steamoji franchise is a major investment, which is why we offer several financing options that make it possible for us to partner with the most passionate owners in the industry.

By paying a franchise fee, you get access to our 400-hour Built to Solve curriculum™. In addition, we will provide one of the most comprehensive support platforms in the entire industry. We will help you along the three stages of Steamoji ownership, from pre-open activities, to break-even and beyond. We are your experienced business partner.

Start-up costs can vary depending on the market and individual financial needs. To better understand what is typical and how the above numbers might fit a specific situation, fill out the form below and start a conversation about opening a Steamoji franchise.

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