About Funtastik Franchise
Funtastik Labs is a children's entertainment and education franchise offering STEAM focused activities including painting, science experiments, robotics, and slime projects.
Franchising since 2023, the brand serves children from preschool through teenage years with hands on learning experiences delivered both from a fixed center location and through off site events such as birthday parties and field trips.
The initial franchise fee is $35,000.
Funtastik Franchise Cost & Fees
Minimum Investment
$257K
Average Investment
$305K
Maximum Investment
$352K
| Fee Type | Amount | Notes |
|---|---|---|
| Initial Franchise Fee | $35,000 | One-time payment upon signing |
| Royalty Fee | 8% of Gross Sales of gross sales | Ongoing; paid monthly |
| Marketing/Ad Fund | 2% of Gross Sales | National brand fund |
| Total Investment Range | $257,250 – $352,250 | Includes build-out, inventory, working capital |
The investment range of $257K–$352K reflects variability in build-out costs, store size, lease terms, and market. The combined royalty (8% of Gross Sales) and marketing fee (2% of Gross Sales) are ongoing costs paid as a percentage of gross sales.
Investment Breakdown (Item 7)
| Item | Low | High |
|---|---|---|
| Initial Franchise Fee | $35,000 | $35,000 |
| Construction and Leasehold Improvements | $60,000 | $90,000 |
| Lease Deposits – Three Months | $15,000 | $35,000 |
| Furniture, Fixtures and Equipment | $65,000 | $80,000 |
| Signage | $9,000 | $15,000 |
| Computer, Software and Point of Sales System | $10,000 | $10,000 |
| Grand Opening Marketing | $5,000 | $8,000 |
| Initial Inventory | $14,000 | $18,000 |
| Utility Deposits | $1,000 | $1,000 |
| Insurance Deposits – Three Months | $4,000 | $7,000 |
| Travel for Initial Training | $1,500 | $2,500 |
| Professional Fees | $5,000 | $10,000 |
| Licenses and Permits | $750 | $750 |
| Additional Funds – Three Months | $32,000 | $40,000 |
Additional Fees (Item 6)
| Fee Type | Amount |
|---|---|
| Transfer Fee | 50% of our then current initial franchise fee |
| Renewal Fee | 25% of our then current initial franchise fee |
| Technology Fee | Up to $750 per month, currently $500 per month |
| Audit Fee | Cost of audit |
| Franchisee Directed Local Marketing | 3% of monthly Gross Sales, but subject to a minimum of $750 per month |
| Local and Regional Advertising Cooperatives | Up to 3% of monthly Gross Sales, currently not assessed |
| Annual Conference Attendance Fee | Our then current conference fee, not greater than $1,500 |
| Supplemental On-Site Training | Our then current daily rate per trainer, plus expenses we incur. Current rate is $300 per day |
| Interest | 18% per annum from due date |
| Reporting Non-Compliance | $150 per occurrence |
| Operations Non-Compliance | $450 to $1,000 per occurrence |
| Payment Non-Compliance | $150 per occurrence |
| Quality Assurance Audit | Actual costs incurred by us |
| Collections | Actual fees, costs, and expenses |
| NSF Check Fee of Failed Electronic Fund Transfer | 5% of amount or $50, whichever is greater, or maximum fee allowed by law |
| Non-Compliance (Franchise Agreement Breach) | Actual fees, costs, and expenses |
| Supplier Review | Actual fees, costs, and expenses |
| Management Service | Actual costs incurred by us |
Training Program (Item 11)
| Detail | Information |
|---|---|
| Total Duration | approximate two week period |
| Classroom Training | 50 – 60 |
| On-the-Job Training | 8 |
| Training Location | Katy, Texas |
| Additional Training | We may require that you and your Operating Manager participate in supplemental on-site training that we may designate and require in our discretion. After the opening of your Center we reserve the right to require that you (or your Managing Owner if you are a Corporate Entity) attend a system-wide training program (the “System-Wide Training Program”) that we may establish in our discretion. |
Territory Rights (Item 12)
| Detail | Information |
|---|---|
| Territory Type | Non-exclusive, Protected |
| Exclusive Territory | No |
| Territory Size | generally, be a distance of three miles from the Center Location in all directions travelable by road, but may be smaller based on population density, demographics, and geographical boundaries. |
| Description | We may identify your Designated Territory by zip code, boundary streets, highways, county lines, designated market area, and/or other recognizable demarcations. |
Renewal, Termination & Transfer (Item 17)
| Detail | Information |
|---|---|
| Initial Term | 10 years |
| Renewal Term | one additional 10 year term |
| Renewal Fee | 25% of our then current initial franchise fee |
| Renewal Conditions | To renew your franchise you must be in compliance with the terms of your Franchise Agreement, provide us with 180 days prior written notice of your request to renew, sign our then current form of Franchise Agreement and related agreements for the renewal term, sign a general release in our favor, pay a renewal fee, remodel and upgrade your Center to meet our standards and specifications, secure and possess the legal right to continue to occupy the premises of your Center location, and meet all other renewal requirements contained in the Franchise Agreement. Your Owners must be in compliance with their agreements with us, including the Owner and Spouse Agreement and Guaranty, and they must personally guarantee the terms of your renewal Franchise Agreement which may contain terms materially different from your current Franchise Agreement. |
| Transfer Fee | 50% of our then current initial franchise fee |
| Transfer Conditions | For approval of your transfer, you must provide us with 30 days prior written notice of the proposed transfer; you and your Owners must not have defaulted in your obligations under the Franchise Agreement and all other agreements with us; you and your Owners must be in compliance with your obligations under the Franchise Agreement and all other agreements with us; the transferee must agree to be bound by all of the terms and provisions of the Franchise Agreement; the transferee’s owners and their spouses must personally guarantee all of the terms and provisions of the Franchise Agreement; you and your Owners and their spouses must sign a general release in favor of us; the transfer must provide for the assignment and/or ownership of the approved location for the Franchised Business, and the transferees continued use and occupancy of such location throughout the term of the Franchise Agreement; the assets of the Franchised Business must be transferred to the transferee; the transferee and the transferee’s owners and managers, at the transferee’s expense must complete our training programs; we waive our right of first refusal; we approve of the transfer and transferee in writing and subject to our discretion; and you pay the Transfer Fee (subject to applicable state laws). |
| Termination for Cause | We can terminate if you are in default of the terms of the Franchise Agreement. Defaults include, but are not limited to, insolvency, bankruptcy, abandonment of business, failure to maintain required leasehold, material misrepresentation, disclosure of confidential information, misuse of licensed marks, conviction of a felony, and failure to comply with operational standards or pay fees. |
| Non-Compete Period | 24 months after the expiration of termination of the Franchise Agreement |
| Non-Compete Details | No involvement, ownership or interest whatsoever for 24 months in any competing business in: your Designated Territory; a 25-mile radius of your Designated Territory; a 10-mile radius of the Designated Territory of any other Center; |
Operations & Supply (Items 8 & 15)
| Detail | Information |
|---|---|
| Owner-Operator Required | Yes |
| Participation Details | The Franchise Agreement requires that you or, if you are a Corporate Entity, your designated managing shareholder, member or partner (your “Managing Owner”) be personally responsible for the management and overall supervision of your Center. Your Managing Owner must complete, to our satisfaction, our initial training program and be approved by us. While we recommend that your Managing Owner personally participate in the day-to-day management and on-site supervision and operations of your Center, you may hire an operating manager to supervise and manage the day-to-day on-site operations of your Center provided that your operating manager: (a) meets all of our minimum standards and criteria for managers; (b) completes our initial training program; and (c) signs our confidentiality agreements (an “Operating Manager”). At all times, your Center must be managed and supervised on-site by either a Managing Owner or Operating Manager. |
| Required Suppliers | We require that you purchase or lease certain source restricted goods and services for the development and operation of your Center. Source restricted goods and services are goods and services that must meet our specifications and/or that must be purchased from an approved or designated supplier that may include us or our affiliates. We may designate a supplier, including ourselves or our affiliates, as the exclusive supplier for the System. Our affiliate, Blueglyph, Inc. is currently designated as the exclusive supplier of the digital lab assistant application, and all curriculum and tablet based applications for experiment and activity stations that will be located within your Center. |
| Supply Restrictions | You may have to buy or lease items from the franchisor or a limited group of suppliers the franchisor designates. These items may be more expensive than similar items you could buy on your own. You may only offer and sell the Approved Services and Products. You may only use those products, supplies, equipment, technology systems, and services that we authorize and designate in writing. |
| Franchisor Revenue from Suppliers | We and/or our affiliates may receive rebates, payments and other material benefits from suppliers based on your purchases and we reserve the right to institute and expand rebate programs in the future. As of the Issuance Date of this Disclosure Document we have not received revenue from suppliers from franchisee purchases of source restricted products or services. |
Financing (Item 10)
| Detail | Information |
|---|---|
| Financing Available | No |
| Description | We do not offer direct or indirect financing. We do not guarantee your note, lease or other obligation. |
Funtastik Franchise Earnings — Item 19
Funtastik does not make an Item 19 financial performance representation in their FDD. This means they do not disclose revenue, profit, or earnings data for franchised locations. Before investing, ask the franchisor directly for franchisee contact information so you can speak with existing owners about their actual financial performance.
Funtastik does not include an Item 19 financial performance representation in their FDD. Contact information for current and former franchisees is listed in Item 20 of the FDD.
Funtastik Litigation & Risk Flags
Clean Litigation RecordFuntastik has no pending litigation actions listed in their FDD. There is also no bankruptcy history disclosed.
Litigation and bankruptcy data is sourced from Items 3 and 4 of the FDD. Always verify current status directly from the most recent FDD.
Funtastik System Growth
Total Units
1
Franchised
0
Company-Owned
1
Funtastik currently operates 0 franchised locations and 1 company-owned units. Unit count data is sourced from Item 20 of the FDD.
Unit History (Item 20)
| Year | Opened | Closed | Total |
|---|---|---|---|
| 2020 | 0 | 0 | 1 |
| 2021 | 0 | 0 | 1 |
| 2022 | 0 | 0 | 1 |
Transfers: 0 | Closures: 0
State Registrations
Registered in 23 states: California, Connecticut, Florida, Hawaii, Illinois, Indiana, Kentucky, Maine, Maryland, Michigan, Minnesota, Nebraska, New York, North Carolina, North Dakota, Rhode Island, South Carolina, South Dakota, Texas, Utah, Virginia, Washington, Wisconsin
Franchisor Financials (Item 21)
0
Total Assets
$15K
Audited by Metwally CPA PLLC for year ending December 31.
Funtastik Franchise — FAQ
The total investment to open a Funtastik franchise ranges from $257,250 to $352,250, per their Franchise Disclosure Document. This includes the initial franchise fee of $35,000. The investment covers build-out, inventory, equipment, signage, working capital, and other startup costs.
Funtastik charges a royalty fee of 8% of Gross Sales of gross sales, plus a 2% of Gross Sales contribution to the marketing/advertising fund. These fees are paid on an ongoing basis.
You can download the Funtastik Franchise Disclosure Document free on this page. The FDD is a public document filed with state franchise registries. Always also request the current FDD directly from Funtastik to ensure you have the most up-to-date version.
Funtastik does not provide an Item 19 financial performance representation in their FDD, which means they do not disclose franchisee revenue or earnings data. Prospective investors should contact existing franchisees directly (listed in Item 20 of the FDD) to gather real-world financial performance information.
Funtastik has been franchising since 2023. The FDD shows an investment range of $257,250-$352,250, a 8% of Gross Sales royalty, and includes an Item 19 earnings disclosure. There is no pending litigation. Review the full FDD and contact current franchisees listed in Item 20 before making any investment decision.
The franchise fee is $35,000 and the total investment ranges from $257,250 to $352,250 depending on location size and market. Contact the franchisor directly for current net worth and liquid capital requirements, territory availability, and application details.
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Data Source & Disclaimer: This website is for informational purposes only. It is not an offer to sell or buy a franchise. This profile is based on publicly available FDD data sourced from state franchise registry filings. All information is for research purposes only and does not constitute legal, financial, or investment advice. Data may be outdated or contain errors. Always obtain the current FDD directly from Funtastik and consult a qualified franchise attorney before making any investment decision. FranchiseOverview.com is operated by Franchising Compliance, LLC and is not affiliated with Funtastik or any of its subsidiaries. To report an inaccuracy: info@franchiseoverview.com