Concept Description
Skill Samurai is a one of a kind STEM program with a mission to prepare children at an early age for the changing workplace infrastructure in the future and help to mitigate the severe shortage of STEM employees in the workforce. A staggering 50% of current jobs will be replaced with technology by 2025; however, the public education system does not have the programs in place to adequately prepare students for emerging careers in tech-related fields. We provide a clear solution to this problem by offering Career Technical education to children ages 7-18 that build interest, excitement, and requisite skills for not just the jobs that exist today, but for those that will be in demand in the future.
As the only STEM franchise to offer both brick & mortar and on-the-go programs to elementary through high school age students, our year-round programs, summer camps, and learning labs prepare students for college, internships, and careers in Programming, Game Development, Design, and Robotics. With over 150 different courses available, more than any other STEM franchise, we have something that appeals to a variety of skill levels and interests. None of our competitors come even close to this, offering up to 40 courses at most. We even created the first YouTube camp in North America that continues to be one of our best-selling programs!
Unit Option
Single, Multiple, Area Representative/Master Developer
Background
FDD Franchised Units: 7
Corporate Owned Units: 0
Projected New Units: 15
Year Established: 2014
First Year Franchised: 2018
Type of Business: Franchise
Hours of Operation: 24 / 7 / 365
Number of Employees: Small (1-5)
History:
OUR HISTORY
While studying computer programming Jeff Hughes began thinking about his 3 young children, and the skills that would best serve them so they could live, work, and find success anywhere in the world.
Jeff also recognized that despite great teachers and leaders working in the public school system – that system was not geared towards serving the glaring gaps in the increasingly important STEM fields.
In 2014 Level Up was born, with a driving force that quickly became a quest to help youth prepare for an unknown future with fun, hands-on, interactive afterschool programs and camps in Moncton, New Brunswick.
Inspired by the support Level UP received from the public school system, in 2015 Jeff expanded, and Skill Samurai are now in 10 Canadian provinces, and 6 different countries.
Today, Skill Samurai – along with the educational enrichment market – continues to experience unprecedented demand, which has provided like-minded entrepreneurs with a unique growth-oriented opportunity.
Availability
Territories: United States, International, Canada: Registered
Financials
Liquidity: $100,000
*Investment Range: $74,615 - $98,450
**Average Investment: $126,665 - $287,950
Provided by the Franchisor
Minimum Net Worth: $100,001 to $250,000
Franchise Fee: $49,000
Royalty: 7%
Royalty Description: The greater of: (i) 7% of Gross Sales or (ii) the amount below based on months in operation: Months 0-6: $0Months 7+: $500 Payment amounts are per month.
Advertising: Local: $1,000 per month
National Advertising: 3% of Gross Sales.
Ramp-Up: 4 to 6 months
Passive Ownership: Semi- passive at onset (they can hire a manager to run business)
Passive Ownership means the owner is working 15 hours or less per week in the business.
Passive Ownership Explain: Passive ownership is allowed. The center director, or owner will have to be present for the training.
Available Discounts
- Veterans
Discount Description: Royalty fees will be reduced by 50% for a period of 6 months for franchisees who are veterans of the United States armed forces.
Training, Support and Assistance
Co-Operative Advertising: N/A
Site Selection Assistance: N/A
Lease Negotiation Assistance: N/A
Length of Training: 2 Weeks
Training Description:
Our training program, Skill Samurai University, takes place in Flower Mound Texas. It consists of 40 hours of classroom training/self-study and 40 hours of on-the-job instruction. The initial training phase takes place over the course of five days. Training covers recruiting techniques, training and retaining employees, pre-grand opening tasks and activities, software, operations, sales and marketing training, and administrative duties. Owners will continue to work through our courses so that they have a strong understanding of the courses they will be offering.
Operational and Marketing Tools:
Our Skill Samurai Head Office team provides continuous support in all areas of your operations, giving you the added advantage of being in business for yourself – but not by yourself. Our Head Office Team also develops new curriculum and research in our ongoing pursuit to lead in the sharing best practices and new program and learning opportunities. As a franchise owner, you also become part of a resource network for sharing insight, challenges and wins to help shorten the learning curve for everyone.
National Conference
Each January we hold our national conference to strengthen franchisee relationships, launch new programs, and offer specialized training. Our national conference includes main stage presentations, breakout sessions, guest speakers and Level UP recognition awards.
Franchise Operating System Our cloud-based Franchise Operating System (FOS) makes it easy for franchise owners and instructors to concentrate on teaching and growing the business.
Some of the specific FOS functionality includes:
• Online Registration & Payment Center Parents can choose courses, register students, and pay online with any major credit card, either at home late at night without supervision.
• Online Financial Dashboard All invoices, receipts, product breakdowns are readily accessible 24/7.
• Online Activity Stream Give franchisees the ability to monitor all communication and events occurring between parents, instructors, and students in real time.
Dynamic Web Platform
Our Skill Samurai web platform is continuously updated and dynamic – making it easy for parents to find program dates and availability – while completing the registration experience without any manual assistance. Franchisees also benefit from shared testimonials and continuous updates which is completely looked after by our head office team.
Marketing Materials Franchisees have access to all online and print-ready marketing materials developed by our head office team’s marketing department. They also have the ability to have custom artwork created with a 48 hour turn around time at no additional charge.
Financing Assistance: N/A