Snapology & Class 101
Snapology franchise for sale in North Chelmsford, Massachusetts
List Price: $75,000 USD
Key Facts
Annual Gross Revenue
$200,000 USD
Cash Flow
$25,000 – $50,000
Seasonal Business
No
Value of Inventory
$0
Value of Assets
$25,000 – $50,000
Year Established
2020
Business Operates From
My office or commercial location
Location Is
Leased
Approx. Monthly Rent
$2,000
Total Employees
Less than 10
1–3 MonthsTransition
Support
Very FlexiblePrice/Terms
Flexibility
SignificantSeller financing Available
Part-timeOwner
Involvement
About this Business
Make a HUGE impact in kids’ lives by taking ownership of Snapology and Class 101. At Snapology, we are a STEAM enrichment organization for kids ages 2-14. Hire and train staff that will help build kids’ love for and confidence through engineering and robotics activities. At Class 101, help guide kids and families through the college admission process. These organizations are fun and truly rewarding. Staff is in place to continue delivering exceptional customer service!
This is an stablished business with large growth YOY since opening in 2021 and large growth anticipated in 2024. Only half of the territory is currently utilized, so plenty of opportunity for growth. As much fun as I have, I am looking to sell my two children’s enrichment franchises due to ongoing medical concerns. Here are some of the highlights:
- 2 franchises under 1 roof (lower rent!)
- 2023 revenue ~200K, about 25% EBITDA right now
- Strong, well-trained staff in place
- Programs in place for 2024 (scheduling done through August)
- Client base of ~700 families
- Rent: <$2300 (including CAM, heat/hot water) – both businesses are in the same unit
I am asking 75K, but this price is negotiable with a quick sale in 2024. This price is less than the current franchise fees.
Our price includes:
- All inventory (approximately 15K)
- Franchise transfer fees (approximately 20K)
- All construction that’s been done in our hub in Northern MA
This is not an absentee owner business (at the moment). However, there is an opportunity to promote 1-2 staff into administrative roles to handle the logistical pieces of the business. Most ownership work can be handled remotely (from my experience).
Growth opportunities
2023 has seen significant growth. Following the same trajectory and maximizing marketing opportunities (which current owner did not do) will see huge growth in 2024, with revenue anticipated in the 250-300K range, and even higher with a full-time commitment.
Owner's Day-to-Day Involvement
Right now, owner is only able to commit 10-15 hours per week. For full growth, a 30-40 hour per week commitment is best for the business. Owner should be comfortable taking on operations and logistics, including scheduling, inventory management, business development, and customer relationships. With Class 101, it is recommended that you do sales consultations and college planning initially and then bring on a PT College Advisor while the owner takes on the Director roles and responsibilities.
Franchise Accolades & Awards
We have been recognized for our year over year revenue growth.
Asset Description
All assets will be included - approximately 25-30K; All kits for Snapology (robotics, engineering, and loose bricks kits); 30 working tablets; 10 working computers; Tablet charging dock; Furniture for both classrooms (Class 101 and Snapology); Snapology assorted equipment (i.e. Magnet wall, Building wall); Office furniture
Reason for Selling
Medical reasons and personal obligations require significant time taken away from the business. The business has grown too much to let it close and it is not quite at a point where it can be a passive investment.
Why I Love My Franchise
The parent base for Snapology and Class 101 is amazing. They are very supportive of us and help to grow the business in the community. Snapology and Class 101 both have a great set of owners who are truly collaborative, appreciate one another, and support each other with growth and setbacks. They are there to bounce ideas off of, share ideas, and be a great resource. HQ is undergoing changes to the technology, which will increase exposure, make registration easier, and help us spend less time on marketing and operations.
About Snapology
Snapology, founded in 2010 by sisters Laura and Lisa Coe, is a leading children’s education franchise that specializes in STEAM (Science, Technology, Engineering, Art, and Math) learning through play. Utilizing LEGO® bricks and other creative materials, Snapology offers engaging enrichment classes, camps, and parties for children aged 1 to 14. Since starting franchising in 2015, Snapology has expanded to over 100 locations globally. The franchise provides flexible, home-based business models with low overhead costs and diverse revenue streams. Programs are hosted in various settings, including homes, schools, and Snapology Discovery Centers. By offering over 80 themed programs tailored to community needs, Snapology addresses the growing demand for supplemental education, fostering critical thinking, creativity, and confidence in children.
Franchisee Support
Snapology provides strong support to its franchisees with a 4-day training program covering marketing, operations, curriculum management, and use of their proprietary business systems. Ongoing support includes access to a business management system, curriculum updates, marketing resources, and help with site selection, lease negotiation, and recruitment. Franchisees also receive a professional website, a list of local schools, and operational tools, ensuring they are well-equipped to run successful STEAM education programs.
Brand Accolades & Awards
Snapology has received significant recognition for its innovative approach to children's education. The brand was named one of the Top Emerging Franchises by Entrepreneur magazine and has been awarded for its educational programs that promote STEM learning. Snapology is also noted for its strong community engagement and support for franchisees, reinforcing its reputation as a leader in the STEAM education market.
Industry / Market
Snapology has received significant recognition for its innovative approach to children's education. The brand was named one of the Top Emerging Franchises by Entrepreneur magazine and has been awarded for its educational programs that promote STEM learning. Snapology is also noted for its strong community engagement and support for franchisees, reinforcing its reputation as a leader in the STEAM education market.
Ideal Owner
The ideal Snapology franchisee is a creative individual with a passion for education and STEM learning. They should be energetic, engaging, and capable of working with children in a fun and educational environment. A background in education, child development, or related fields is beneficial, along with strong organizational and communication skills to manage programs and interact with parents.