Funtastik Labs Franchise Information

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Own a Funtastik Labs

ABOUT FUNTASTIK LABS

Your all-in-one walk-in science lab, slime bar, art studio, and robotics coding center destination in Houston, TX. Funtastik Labs is an interactive STEAM museum, an indoor playground for creativity & innovation specially designed for kids. Perfect destination for hands-on experiments, canvas & ceramic painting, DIY slime making with hundreds of toppings, and robotics challenges. Enjoy family bonding time, celebrate birthdays, explore summer camps, and experience fun and educational field trips.

  • How much it costs
  • About Funtastik Labs
  • Why Funtastik Labs? Why Now?
  • Why the Children’s Entertainment Category?

This information is not intended as an offer to sell, or the solicitation of an offer to buy, a franchise. It is for information purposes only. An offer is made only by a Franchise Disclosure Document (FDD) in those jurisdictions that require it. Currently, the following states regulate the offer and sale of franchises: California, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington, and Wisconsin. If you are a resident of or want to locate a franchise in one of these states, we will not offer you a franchise unless and until we have complied with applicable pre-sale registration and disclosure requirements in your jurisdiction. The information contained in this website is not inconsistent with our FDD. This advertisement is not an offering. An offering can only be made by a prospectus filed first with the appropriate state regulatory agencies. Such filing does not constitute approval by those states.

$257,250 to $352,250
Start-Up Cost
$35,000
Initial Franchise Fee
8%
Royalty

* *This franchise is offered only by our delivery of a franchise disclosure document to you in compliance with the Federal Trade Commission’s rule on franchising and various state and provincial/territorial franchise sales laws. Franchise offerings cannot be made by us, or on our behalf, in any state unless we are registered, exempt or otherwise qualified to offer franchises in that state.

Funtastik Labs is a children’s entertainment franchise that offers STEAM activities including robotics, art, a slime bar and other engaging experiments. The concept focuses on providing an environment that empowers each child to have fun and explore through hands-on experiences without the pressure of academic evaluation. Offering walk-in experiences, birthday parties and summer camps, Funtastik Labs has become a favorite of countless families and sees a rapid growth trajectory in the coming years.

Funtastik Labs provides kids an environment that empowers kids to have fun and explore by facilitating hands-on experiences in science, arts, and engineering. Offering multiple modes of access, Funtastik Labs hosts daily attractions, camps, field trips and birthdays, quickly winning over lifelong customers and encouraging repeat revenue.

With high demand among parents and families, Funtastik Labs is already looking to expand to a second corporate location. Seeing very few concepts like it, Funtastik Labs is prepared to expand in major markets with a goal of awarding 10 new centers in 2024.

Currently, access to non-academic, exploration-first concepts for kids is limited, but demand continues to grow.

By aligning ourselves at the crossroads of the rapidly growing steam education market expected to reach $131 billion by 2030 and the over $11 billion children’s entertainment industry , Funtastik Labs is poised to capture a substantial market share. We're not just offering fun or education; we're pioneering an experience that beautifully marries the two. With a projected compound annual growth rate of nearly 8% and 15% respectively, the category is positioned to explode.

Executive Q&A
executive

Funtastik Labs | Executive Q&A

Raj Gupta tells 1851 Franchise the story behind Funtastik Labs, what sets it apart and where the brand is headed next. 

1851 Franchise: Tell us about the history and founding of Funtastik Labs.

Raj Gupta, co-founder and managing director of Funtastik Labs

I had a career in technology and my wife, Roli, had a background in fashion and marketing, but she had stopped working to spend her time focusing on the kids. The idea for Funtastik Labs came when our kids were growing up. We loved seeing them explore and get creative making slime, building, experimenting and painting, even if it meant making a mess. We would encourage it as much as possible. As Roli wanted to resume her career, she had the idea of creating a space that would encourage exploration, creativity and ingenuity where parents could take their kids to have fun. That’s how the idea for Funtastik Labs originated. Over time, I worked with her to shape the idea, and in 2017, we registered the business. By 2019, we had opened our doors to the public.

1851: How does Funtastik address a gap in the market?

Gupta: For the age group we wanted to target, we saw that STEAM type activities were mostly confined to daycare and elementary schools. There really wasn’t any hands-on STEAM entertainment before Funtastik Labs. In preschools and schools, the focus is on theory, progress, attendance, tests and homework. We wanted to focus on letting kids experience science, arts and engineering on their own terms. That’s why our mission is to inspire a love for STEAM by offering kids an entertainment place that offers hands-on experiences.

1851: What are your plans for the future?

Gupta: We see immense potential in our business model and believe it can be replicated successfully in diverse markets. For 2024, we plan to expand our footprint by identifying and partnering with dedicated franchisees who share our passion and commitment to the brand.

We're really customer focused, and that’s no different when it comes to franchising. This means that we’ll be very focused on our franchisees and supporting them in being successful and bringing Funtastik Labs to their communities.

1851: Why should someone consider a Funtastik Labs franchise opportunity?

Gupta: Here are three reasons why Funtastik Labs is a great franchise opportunity:

Reason 1: Our strong financial metrics and consistent positive customer feedback demonstrate that Funtastik Labs is a great investment opportunity. This is inherent in our model, which provides us with a distinct market advantage in helping new customers easily discover the brand, make repeat purchases and share the experience with others. 

Reason 2: Our technology and innovative content really resonate with our target market, improve our customer experience and make our training and staffing very efficient and easy for a franchisee. 

Reason 3: We’re positioned at the intersection of the $100 billion children's STEM education and the $11-plus billion kids' entertainment sectors. Both markets are growing quickly which means there’s a lot of potential for what we offer. By franchising with us, you are aligning yourself with an industry on the cusp of significant expansion.

1851: Is there anything else you want potential candidates to know about the Funtastik Labs franchise opportunity?

Gupta: You don't need a background in science, technology, engineering, arts or math to succeed. What's vital is your willingness to learn. Our program is designed to be intuitive and straightforward. With comprehensive training and ongoing support, we believe that you'll be well-equipped to run your Funtastik Labs center with confidence.

For the full interview, click here. 

The estimated total investment necessary to begin the operation of a Funtastik Labs is between $257,250 to $352,250.

Franchise Growth Markets
  • Top Growth Market
  • Unavailable Markets

Own a Funtastik Labs