About Steamoji Franchise
Steamoji is a children's education franchise offering hands on learning academies focused on science, technology, engineering, arts, and math (STEAM) for students ages 6 to 15.
The brand's curriculum is designed to train the next generation of builders, makers, inventors, and entrepreneurs through interactive classes and project based instruction.
Franchising since 2022, Steamoji requires an initial franchise fee of $40,000.
Steamoji Franchise Cost & Fees
Minimum Investment
$196K
Average Investment
$342K
Maximum Investment
$487K
| Fee Type | Amount | Notes |
|---|---|---|
| Initial Franchise Fee | $40,000 | One-time payment upon signing |
| Royalty Fee | 8% of Gross Sales of gross sales | Ongoing; paid monthly |
| Marketing/Ad Fund | 2% of the sum of Gross Sales plus the cost of payment processing for each transaction that is processed for your benefit by the payment processor engaged by us (acting as your agent). | National brand fund |
| Total Investment Range | $196,363 – $487,213 | Includes build-out, inventory, working capital |
The investment range of $196K–$487K reflects variability in build-out costs, store size, lease terms, and market. The combined royalty (8% of Gross Sales) and marketing fee (2% of the sum of Gross Sales plus the cost of payment processing for each transaction that is processed for your benefit by the payment processor engaged by us (acting as your agent).) are ongoing costs paid as a percentage of gross sales.
Investment Breakdown (Item 7)
| Item | Low | High |
|---|---|---|
| Initial License Fee (Note 2) | $40,000 | $40,000 |
| Curriculum and Technology Fee (Note 3) | $4,050 | $4,050 |
| Anticipated lease deposit (Note 4) | $3,500 | $16,000 |
| Anticipated Rent (Note 5) | $10,500 | $24,000 |
| Leasehold improvements (including construction and installation) (Note 6) | $65,000 | $223,000 |
| Permits and Insurance (Note 7) | $2,000 | $7,500 |
| Architect & Engineering Fees | $5,500 | $17,000 |
| Design Fee (Test Fit and Vendor Package (See Item 5)) | $3,000 | $3,000 |
| Fixtures, furnishings and equipment (Note 8) | $10,000 | $15,000 |
| Signage and graphics | $6,000 | $13,500 |
| IT and office equipment (Note 9) | $3,200 | $3,500 |
| Fabrication equipment | $2,400 | $14,500 |
| Project kits | $4,613 | $4,613 |
| Project Tablets and Laptops | $5,000 | $11,450 |
| General Supplies | $300 | $800 |
| Launch marketing (Note 10) | $20,000 | $20,000 |
| Local advertising | $6,000 | $6,000 |
| Professional Fees (Note 11 ) | $1,000 | $10,000 |
| Initial Training (Note 12) | $0 | $4,000 |
| Working Capital & Utilities (Note 13) | $5,000 | $50,000 |
Additional Fees (Item 6)
| Fee Type | Amount |
|---|---|
| Transfer Fee | 50% of the then current initial license fee if the sale is to a third party. If the transfer is to an existing licensee, then such fee is 25% of the then current initial license fee. In addition, you must pay our legal and administrative fees. |
| Renewal Fee | 25% of the then current initial licensing fee, plus our legal and administrative expenses for processing the renewal. |
| Technology Fee | $3,000 setup fee and $350 per month which can increase over the term. |
| Initial Training (additional people) | $0 to $4,000 For any additional people, you must pay our then-current tuition (currently $2,500 per person) |
| Annual Convention | $700 to $1,000 |
| Additional Training Programs and Seminars | Any cost or fee that we may impose for providing additional training programs and seminars, including initial training for replacement management personnel |
| Advertising and Promotional Materials | A reasonable standard charge for advertising and promotional materials developed by us |
| Other Supplies | All costs for additional supplies |
| Management Services | All costs and expenses for operating your Franchised Business, including a reasonable management fee |
| Relocation Fee | Our reasonable costs incurred in connection with a permitted relocation, plus a reasonable fee for our services in connection with any such relocation |
| Administrative Fee for Non-Compliance | $1,500, $2,000, and $2,500 respectively for first, second, and third incidents of non-compliance within any 12-month period |
| Article 12 Damages | In addition to liquidated damages, there are fees of $500 per day and $1,000 per day for not returning or continually using intellectual property or telephone number/fax machine |
| Liquidated Damages | You must pay us, for a period of 14 months, 10% of the Gross Revenues generated or otherwise earned by you (or the Guarantor) in any other commercial educational business that is in any way owned or operated by you (or the Guarantor) in violation of the provisions of Article 12, together with the sum of $85,000 |
| Interest | Lower of 18% per annum or the maximum rate permitted by law on the unpaid amount |
| Curing a Breach of the Lease | The amount we pay to cure your breach under the Lease |
| Operation at Your Request | Our reasonable expenses and a reasonable management fee and any shortfall of income to expenses |
Training Program (Item 11)
| Detail | Information |
|---|---|
| Total Duration | Initial eight week training program, which will be conducted online. Approximately 30 days prior to the opening of the Academy, your principal owner and/or your Academy Director will attend at our offices in Redmond, Washington or at another location prescribed by us, for a week of in person training. |
| Classroom Training | 40 |
| On-the-Job Training | 80 |
| Training Location | Redmond, WA |
| Additional Training | You will pay our then current initial training fee for all additional trainees, including anyone who has to repeat training or any replacement Academy Director. |
Territory Rights (Item 12)
| Detail | Information |
|---|---|
| Territory Type | Protected but non-exclusive |
| Exclusive Territory | No |
| Territory Size | Generally 4,000 children between the ages of 6 and 15. |
| Description | The geographical boundaries of the Territory will be set by us upon determination of the location of the Premises. These boundaries are determined primarily based on the number of children between the ages of 6 and 15 who reside within a particular area surrounding the Premises. A Territory for a Steamoji Academy will generally have 4,000 children between these ages. Practically, such Territory may not be a circular radius, per se, but may in fact be a square, rectangular, or other shaped territory bordered by streets or natural obstructions. |
Renewal, Termination & Transfer (Item 17)
| Detail | Information |
|---|---|
| Initial Term | 7 years |
| Renewal Term | 7 years |
| Renewal Fee | 25% of the then current initial licensing fee, plus our legal and administrative expenses for processing the renewal. |
| Renewal Conditions | You must be in compliance with the material terms and conditions of the Franchise Agreement, you must notify Steamoji in writing at least seven (7) months prior to the expiration of the term of your wish to renew and your Renewal Fee must accompany your notification. |
| Transfer Fee | 50% of the then current initial license fee if the sale is to a third party. If the transfer is to an existing licensee, then such fee is 25% of the then current initial license fee. In addition, you must pay our legal and administrative fees. |
| Transfer Conditions | The assignee, including its directors, officers, managers, partners, members, shareholders, and their respective spouses, shall meet our then current criteria for the selection and approval of new licensees; The assignee, its owner-operator(s), the management personnel and the Facilitators proposed to be employed by the assignee for the Steamoji Academy must satisfactorily complete our initial training and Facilitator program as described in the Franchise Agreement (at your or their cost, but not ours); The assignee shall assume and agree in writing to be bound by and perform all of your covenants and obligations hereunder, or if required by us, shall execute and deliver to us a new form of Agreement for the remaining portion of the Term of this Agreement. Any new Agreement may be in our then current standard form, which may include terms and conditions, which differ substantially from those contained in the Franchise Agreement; All your obligations under this Agreement and under any other agreement between the us, you and our respective Affiliates shall be brought up to date and into full compliance; You and the Guarantor must deliver to us a complete release of all claims against us, and our respective officers, directors, and affiliated corporations in respect of all matters arising under or pursuant to this Agreement; You must deliver to the assignee, the Operations Manual, and all other materials of a confidential or proprietary nature relating to Steamoji System or bearing the Trademarks; The assignee must not use in its corporate or firm name the word Steamoji or any derivative thereof, or any word confusingly similar in the English or other language; We reserve the right to require that you or the assignee carry out reasonable changes and improvements to the Premises and equipment used in the Steamoji Academy as we may specify in order to upgrade the Steamoji Academy to our then current image, standards and specifications; You acknowledge that we will incur expenses in connection with any assignment or proposed assignment, and thus you must reimburse us for our reasonable actual expenses incurred in connection with the assignment or proposed assignment and shall pay to us an Assignment Fee in the amount specified in Schedule “A” of the Franchise Agreement, the payment of which shall be a condition of us granting consent to the assignment.; you must pay us an amount representing our reasonable legal and administrative fees for approving and processing the assignment; |
| Termination for Cause | We may terminate the Franchise Agreement if: you fail to execute and deliver the Sublease to use within 5 days after a written request; you cannot complete the development of your Premises in a timely manner; if you fail to commence your Initial Training Program or fail to open your Business in accordance with the License; or subject to applicable state law, you demonstrate an inability to effectively manage a Steamoji Academy. Also, if you abandon the Steamoji Academy, become bankrupt, are charged or convicted of certain criminal offenses, engage in misconduct affecting reputation, the lease is terminated and alternative premises are not secured, convicted of misleading advertising, fail to advise of legal proceedings, business license suspended, attempt to pledge or assign the agreement without consent, disclose confidential trade secrets, falsify financial statements, fail to record gross revenues, fail to submit financial information, fail to pay sales tax, fail to develop premises in time, purchase from unauthorized suppliers, or fail to obtain criminal records checks. |
| Non-Compete Period | 24 months |
| Non-Compete Details | The non-compete provisions continue to apply to you for 24 months after the termination or expiration of the Franchise Agreement and are applicable within a radius of five miles around your Steamoji location and any other Steamoji location. |
Operations & Supply (Items 8 & 15)
| Detail | Information |
|---|---|
| Owner-Operator Required | Yes |
| Participation Details | You acknowledge that we have granted this license on the material representation that the person(s) designated in Schedule “A” to the Franchise Agreement as “owner-operators” will participate actively on a full-time and best efforts basis in the management and operation of the Licensed Business, with one of them acting as the Academy Director. In certain circumstances, we may permit you to hire a full-time Academy Director who must be trained by us. You will continuously exert your best efforts to promote and enhance the Academy and to participate in all promotional advertising and marketing programs, campaigns and cooperatives developed by us. The Academy must be under the direct supervision of the Academy Director at all times. During the term of the Franchise Agreement, you and the Academy Director are prohibited from actively participating in any other business during the required hours of operation of the Franchised Business, unless you obtain our written approval. There is no requirement that an Academy Director own equity in the Franchised Business. |
| Required Suppliers | We require you to use our designated and approved suppliers including, but not limited to those for design, construction, marketing and real estate services to help you find a location for your Academy. You must purchase the required computer systems, laser engraver cutter and 3D printers for use in all Steamoji Academies from us or designated suppliers. |
| Supply Restrictions | You must construct and equip the Academy in accordance with our then-current approved design, specifications and standards as set forth in the Manual. In addition, it is your responsibility to ensure that your building plans comply with the Americans With Disabilities Act and all other federal, state and local laws. You also must use equipment, signage, fixtures, furnishings, supplies and marketing materials that meet our specifications and standards. |
| Franchisor Revenue from Suppliers | In fiscal year 2023, we derived approximately $500 in revenue from franchisee purchases or leases of products or services from us, which represents 1.6% of our total revenue for 2023 of $32,142. |
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. |
Steamoji Franchise Earnings — Item 19
Steamoji 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.
Steamoji 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.
Steamoji Litigation & Risk Flags
Clean Litigation RecordSteamoji 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.
Steamoji System Growth
Total Units
2
Franchised
1
Company-Owned
1
Steamoji currently operates 1 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 |
|---|---|---|---|
| 2021 | 0 | 0 | 0 |
| 2022 | 1 | 0 | 1 |
| 2023 | 1 | 0 | 2 |
Transfers: 0 | Closures: 0
State Registrations
Registered in 21 states: CA, CT, DE, FL, HI, IL, IN, MD, MI, MN, NE, NY, ND, OR, RI, SD, TX, UT, VA, WA, WI
Franchisor Financials (Item 21)
Revenue
$32K
Net Income
$-28,608
Total Assets
$68K
Audited by abip for year ending December 31, 2023.
Steamoji Franchise — FAQ
The total investment to open a Steamoji franchise ranges from $196,363 to $487,213, per their Franchise Disclosure Document. This includes the initial franchise fee of $40,000. The investment covers build-out, inventory, equipment, signage, working capital, and other startup costs.
Steamoji charges a royalty fee of 8% of Gross Sales of gross sales, plus a 2% of the sum of Gross Sales plus the cost of payment processing for each transaction that is processed for your benefit by the payment processor engaged by us (acting as your agent). contribution to the marketing/advertising fund. These fees are paid on an ongoing basis.
You can download the Steamoji 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 Steamoji to ensure you have the most up-to-date version.
Steamoji 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.
Steamoji has been franchising since 2022. The FDD shows an investment range of $196,363-$487,213, a 8% of Gross Sales royalty, and no 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 $40,000 and the total investment ranges from $196,363 to $487,213 depending on location size and market. A minimum of $5,000 in liquid capital is required. 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 Steamoji and consult a qualified franchise attorney before making any investment decision. FranchiseOverview.com is operated by Franchising Compliance, LLC and is not affiliated with Steamoji or any of its subsidiaries. To report an inaccuracy: info@franchiseoverview.com