- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$122K - $650K
- Units as of 2021
-
29 21% over 3 years
Since its founding in 2001, Genius Kids has been on a mission to raise and educate confident children. The company believes that today's kids are tomorrow's leaders and that no child is too little to learn. Genius Kids proves this idea by catering to children as young as just toddler-aged.
Genius Kids has been franchising since 2011. With over 25 locations, it has established a presence in the United States. An ideal Genius Kids franchisee is someone who has an interest in children and early childhood education.
Why You May Want to Start a Genius Kids Franchise
Children up to 12 years old can enroll in physical or virtual classroom programs. The programs include baby genius, terrific toddlers, early preschool, preschool, pre-kindergarten, enrichment kindergarten, homework club, flex plus learning, GATE preparation, etiquette, and public speaking.
A Genius Kids franchisee must meet the brand's standards. Parents may love the daycare services and programs offered by Genius Kids because they know that their children will be in good hands while being taught great lessons. So, it is incredibly important that a franchisee makes sure children receive personalized care.
What Might Make a Genius Kids Franchise a Good Choice?
Genius Kids may be different from its competitors because it is child-focused. The programs are designed to help the child thrive and boost their capacity and ability to think, lead, and communicate. Subsidized care is available, and each location may have its discounts. Parents and children should be able to easily access lessons and assignments from the My Genius Kid Homework site.
A Genius Kids franchise location follows safety, security, and cleanliness standards so parents can know their child is receiving an education in a clean and safe environment. Additionally, teachers are state-certified and trained in child development. Ongoing training also occurs as methods and curriculum change.
To be part of the Genius Kid team, you should make sure you're financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for ongoing fees that will include advertising, royalty, and potential renewal fees. Franchisees will also need to meet the company's set net worth and liquid capital requirements.
How To Open a Genius Kids Franchise
As you decide if opening a Genius Kids franchise is the right move for you, make sure you take time to explore the opportunity. Research the brand and your local area to see if a Genius Kids franchise would do well in your community. While competition is healthy, too much of it may not allow for the most possible growth.
Before making any financial commitment or signing an agreement, you must perform your due diligence and establish if this is the right opportunity for you. As part of your due diligence, you may want to speak to existing franchisees and ask the Genius Kids franchising team questions.
If you are granted a Genius Kids franchise, you will need to sign a franchise agreement. You will be assigned an available territory and begin an intensive multi-day training at the Genius Kids headquarters in Fremont, California.
Company Overview
About Genius Kids
Industry | Children's Businesses |
---|---|
Related Categories | Childcare, Tutoring, Children's Education/Enrichment |
Founded | 2001 |
Parent Company | Genius Kids Development Inc. |
Leadership | Renu Dhillon, President & CEO |
Corporate Address |
3645 Mowry Ave. Fremont, CA 94538 |
Social | Facebook, Twitter, LinkedIn, Instagram, YouTube |
Business Overview
Franchising Since | 2011 (14 years) |
---|---|
# of employees at HQ | 18 |
# of Units | 29 (as of 2021) |
Line graph showing the number of units this franchise had for the last 5 years. |
Information for Franchisees
Here's what you need to know if you're interested in opening a Genius Kids franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
Initial Franchise Fee
|
$50,000 |
---|---|
Initial Investment
|
$122,200 - $650,000 |
Net Worth Requirement
|
$500,000 |
Cash Requirement
|
$350,000 |
Royalty Fee
|
6% |
Ad Royalty Fee
|
1% |
Term of Agreement
|
10 years |
Is franchise term renewable? | Yes |
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
On-The-Job Training | 40 hours |
---|---|
Classroom Training | 80 hours |
Ongoing Support |
Newsletter
Meetings & Conventions
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
|
Marketing Support |
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
|
Operations
Additional details about running this franchise.
Is absentee ownership allowed? | Yes |
---|---|
Can this franchise be run from home/mobile unit?
|
No |
Can this franchise be run part time?
|
No |
# of employees required to run | 2 |
Are exclusive territories available?
|
Yes |
Franchise 500 Ranking History
Compare where Genius Kids landed on this year's Franchise 500 Ranking versus previous years.
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