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LAST UPDATED: March 28, 2023 FRANCHISE WEBSITE: <a href="https://www.snapologyfranchising.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-snapologys-franchise-costs-fees-profit-and-data-2721945" target="_blank" rel="nofollow">https://www.snapologyfranchising.com/</a>&nbsp; NUMBER OF LOCATIONS: 150+ REPORTED COST TO GET IN: $73,650-$103,600 REPORTED ROI (Item 19): $45,021- $578,027Snapology was created by sisters Laura and Lisa Coe who, after observing children playing with blocks and other snappable toys, realized the importance of children having fun while being educated. Snapology offers enrichment classes, parties and camps. These activities teach children science, technology, engineering, art and mathematics. They then build soft skills, develop critical thinking and increase confidence.Snapology began franchising just five years after opening and is expanding all across the United States and internationally. Snapology has won several awards since its inception, including Entrepreneur’s “Franchise 500” in 2021, Entrepreneur’s “Top Fastest Growing Franchises” in 2019 and 2020, and ranked number one in the category “Children's Enrichment Franchise.”&nbsp;<h3>How Many Snapology Locations Are There?</h3>Snapology has 150-plus locations all over the United States and several international locations. Some of the international locations include Egypt, Haiti, China and Australia.&nbsp;<h3>What Is Snapology Business Model?</h3>Snapology offers STEM programs, robotics, themed programs, preschool parties and much more. Franchisees have the opportunity to receive multiple revenue streams, work out of their homes and make connections with people in the community. They can also set up a Discovery Center and become a pillar in the community.&nbsp;<h3>How Much Can Snapology Franchise Owners Make?</h3>In 2021, Snapology franchise owners earned&nbsp; $45,021–$578,027. A breakdown of what was earned in previous years is below.&nbsp;<ul><li>2020: $9,314–$117,870</li><li>2019: $31,990–$141,125</li></ul><h3>How Much Does It Cost to Open a Snapology?</h3>The&nbsp;<a href="https://www.snapologyfranchising.com/investment/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-snapologys-franchise-costs-fees-profit-and-data-2721945" target="_blank" rel="nofollow">initial investment</a> cost for a community-based Snapology is $73,650–$103,600. A breakdown of the fees is below.&nbsp;<ul><li>Initial Franchise Fee: $40,000</li><li>Signage: $500–$1,000</li><li>Computer, Software and Point of Sales System: $900–$6,000</li><li>Program Supplies: Initial Inventory: $12,000–$20,000</li><li>Insurance Deposits and Premiums: $1,000–$1,600</li><li>Travel and Lodging for Initial Training: $500–$2,000</li><li>Grand Opening Advertising: $10,000–$15,000</li><li>Professional Fees: $750–$1,500</li><li>Business Licenses and Permits: $0–$500</li><li>Office Supplies: $500–$1,000</li><li>Additional Funds—Initial Period of Three Months: $7,500–$15,000</li><li>Total:$73,650–$103,600</li></ul>The initial investment for a Discovery Center is $277,420–$497,180.&nbsp;<ul><li>Initial Franchise Fee: $47,500</li><li>Construction Leasehold, Improvements, Furniture and Fixtures: $76,000–$165,000</li><li>Architectural Fees: $16,700–$22,000</li><li>Required Base Furniture, Fixtures and Equipment: $79,120–$115,310</li><li>Optional Upgraded Furniture, Fixtures and Equipment: $0–$28,570</li><li>Signage: $3,000–$5,000</li><li>Computer, Software and Point of Sales System: $1,400–$7,000</li><li>Program Supplies: Initial Inventory: $11,200–$20,000</li><li>Prepaid Rent and Lease Deposits: $4,000–$8,000</li><li>Utility Deposits: $500–$1,800</li><li>Insurance Deposits and Premiums: $750–$1,500</li><li>Travel and Lodging for Initial Training: $500–$2,000</li><li>Grand Opening Advertising: $20,000–$25,000</li><li>Professional Fees: $750–$1,500</li><li>Business Licenses and Permits: $500–$1,000</li><li>Marketing and Office Supplies: $500–$1,000</li><li>Additional Funds—Initial Period of Three Months: $15,000– $45,000</li><li>Total: $277,420–$497,180</li></ul><h3>Who Is the Leadership of Snapology?</h3><ul><li><a href="https://www.linkedin.com/in/laura-coe-615566a5/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-snapologys-franchise-costs-fees-profit-and-data-2721945" target="_blank" rel="nofollow">Co-Founder and CEO: Laura Coe</a></li><li><a href="https://www.linkedin.com/in/lisa-coe-00885b3/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-snapologys-franchise-costs-fees-profit-and-data-2721945" target="_blank" rel="nofollow">Co-Founder and Owner: Lisa Coe</a></li><li><a href="https://www.linkedin.com/in/kelly-carpenter-bb5638157/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-snapologys-franchise-costs-fees-profit-and-data-2721945" target="_blank" rel="nofollow">VP of Operations and Training: Kell Carpenter&nbsp;</a></li><li><a href="https://www.linkedin.com/in/nikki-wall-b05a47125/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-snapologys-franchise-costs-fees-profit-and-data-2721945" target="_blank" rel="nofollow">Operations and Franchise Support Specialist: Nikki Wall</a></li></ul><h3>What Helpful Sources Can I Read to Learn More About Snapology?</h3><ul><li><a href="https://www.cbsnews.com/pittsburgh/news/kidsburgh-snapology-combining-stem-learning-with-social-skills/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-snapologys-franchise-costs-fees-profit-and-data-2721945" target="_blank" rel="nofollow">Kidsburgh: Snapology combines STEM learning with social skills</a></li><li><a href="https://www.kidsburgh.org/snapology-combines-stem-learning-with-social-skills-and-it-was-founded-by-two-local-moms/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-snapologys-franchise-costs-fees-profit-and-data-2721945" target="_blank" rel="nofollow">Snapology combines STEM learning with social skills—and it was founded by two local moms</a></li><li><a href="https://www.prnewswire.com/news-releases/snapology-named-among-the-fastest-growing-franchises-of-2023-by-entrepreneur-301770985.html?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-snapologys-franchise-costs-fees-profit-and-data-2721945" target="_blank" rel="nofollow">Snapology Named Among the Fastest-Growing Franchises of 2023 by Entrepreneur</a></li></ul>Disclaimer: This content is for informational purposes only. You should not construe any such information or other material as legal, tax, investment, financial or other advice. Nothing contained on this site constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any franchises, securities, or other financial instruments in this or in any other jurisdiction in which such solicitation or offer would be unlawful under the franchise and/or securities laws of such jurisdiction.&nbsp;All content in this article is information of a general nature and does not address the detailed circumstances of any particular individual or entity. Nothing in the article constitutes professional and/or financial advice, nor does any information in the email constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. You alone assume the sole responsibility of evaluating the merits and risks associated with the use of any information or other content in this article before making any decisions based on such information or other content.

Franchise Deep Dive: Snapology's Franchise Costs, Fees, Profit and Data

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