Bricks Bots & Beakers is a fun business that is quickly established with low start-up and ongoing costs while giving you a high return on the intangible items such as flexibility for family life, community engagement, being your own boss and work satisfaction.
A Growing Industry
Parents today are inundated with headlines and articles in the news such as: The December 2018 US News article: "White House Outlines Five-Year STEAM push. This push for STEAM education coupled with the growing need for high quality, after-school and summer programs means that there will continue to be a great opportunity for future growth in this field.
According to the National After School Alliance for every student in afterschool, 2 more would participate if a program were available.
According to a 2017 survey “Capitol One Uncovers the Hidden Costs of Back to School”
- 37 percent of parents say they plan to spend more than $1,000 per child on school and after-school activity fees this academic year, and 20 percent say they plan to spend more than $2,000 per child.
Summer camps are big business! According to the American Camp Association’s 20198 Business Operations Report:
- The camp industry continues to thrive, exceeding prerecession metrics for enrollment, revenue, and profits
- The overall number of campers served is on the rise
- Day camps reported a median fee of $53/day
While not a model that lends itself to true multi-unit ownership, most B3 owners opt to also buy the area contiguous to their own as we offer a significant discount when purchased with your initial territory. Ask your B3 franchise team contact about this as they put together your B3 territory proposal.
How Many Franchises Would You Have to Buy to Get B3?
A common theme you will hear throughout our discussion about the Bricks Bots & Beakers franchise system is the number of programs that we offer being a significant point of differentiation between B3 and all other competitors. Most other companies in education enrichment focus one modality or silo of STEAM: Lego, Engineering, Science, Coding, Robotics etc.
When you look at the number of franchises you would have to own to even touch the full scope of what B3 does, the list is impressive and expensive!
Additionally, when you think about our ability to create STEAM fusion experiences in our classes, camps, and parties, we shut the competition out! Combine a Gross Out Science class or camp with an escape room puzzle finish at the end, and you have a truly unique edutainment experience.