Skill Samurai

Skill Samurai is a STEM program with a mission to prepare children at an early age for the changing workplace infrastructure in the future and help to mitigate the severe shortage of STEM employees in the workforce.

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Skill Samurai

Skill Samurai Franchise Cost and Requirements for 2022

Background

The ONLY Brick & Mortar and On-the-Go STEM Model: Unlike many other STEM programs that offer only either mobile partnerships or a brick & mortar facility, Skill Samurai is the ONLY STEM franchise for children ages 7-18 to offer both. Our mobile, on-the-go partnerships are secured by renting temporary spaces, such as churches, schools, community centers, and existing complementary businesses. Owners can begin in temporary spaces and grow their customer base before launching a retail space allowing for a faster ramp-up.

In-Demand Curriculum: The need for advanced IT and programming is continuing to increase. There will be 1.4 million open computing jobs by 2020 but only 400,000 computer-science graduates with the skills to fill them. Skill Samurai prepares students for the jobs that will be in demand in the future by focusing on real programming languages as opposed to drag-and-drop programs other STEM academies use to simplify coding processes. This future-focused vision allows us to constantly develop and create new classes, ensuring that Skill Samurai Learning Centers will always be relevant, current, and our curriculum is updated every 6 months to keep up with ever-changing technology. Supplemental education is a need-based, recession-resilient service as parents will always continue to support their children's future.

Effortless Staffing: Skill Samurai Learning centers are extremely easy to operate with very few staff members. Because we implement a self-directed curriculum, a ratio of 1 teacher to 10 students is sufficient. We also have a successful, proven model in place to hire university and college computer science students as teachers and coaches, and our locations can be operated with 1-3 part-time employees. Other STEM concepts require around 25. In addition to that, no prior experience is required, as we provide an extensive training program with a STEM Certification for all new Owners, which is also unique to Skill Samurai.

Complementary Revenue Streams: The combination of our brick & mortar locations and our on-the-go partnerships allow us to attract more clients, resulting in natural cross-marketing and repeat business. Because our four main career paths offer four years of content, students are encouraged to stick with our program for a number of years, for recurring revenue. Year-round programs are signed up for on a weekly basis with a 3-month minimum commitment.

Company Details

Established: 2014

First Unit Franchised: 2018

Franchise Units Open: 10

Franchise Units Sold but Not Open: 28

International Units Open: 9

Company Owned Units: 0

States Registered In: None at the moment 

Pending: CA, HI, IL, IN, MD, MI, MN, NY, WA

Not Registering In: ND, RI, SD, WI, VA

Canada Franchises: Yes

International Franchises: Yes

Support and Training Offered By Skill Samurai

Financial Assistance Provided: No

Site Selection Assistance: No

Lease Negotiation Assistance: No

Recruiting Assistance: Yes

Co-Operative Advertising: No

 

Our training program, Skill Samurai University, located in Miami, Florida or another location we designate, consists of 37 hours of classroom training/self-study and 43 hours of on-the-job instruction. The initial training phase takes place over the course of five days and covers recruiting techniques, training and retaining employees, pre-grand opening tasks and activities, software, operations, sales and marketing training, and administrative duties. Owners will continue to work through our courses so that they have a strong understanding of the courses they will be offering.  You may not employ a person that does not complete the Initial Training Program to our satisfaction.



2022 Franchise Requirements Needed to Own a Skill Samurai Franchise.

What does a Skill Samurai Franchise Cost?

Skill Samurai franchise fees for 2022:

Cash Investment: $100,000

Total Investment: Mobile: $104,115-$139,950; Brick & Mortar: $143,665- $307,950

Minimum Net Worth: $250,000

Franchise Fee: $49,000

Royalty: 7%

Local: $1,000/month

Brand Development Fund: 3%

Average Number of Employees: 2-4

Item 19: No

Visa Candidates: Yes

Passive Ownership: No

Home Based: No

B2B: No

Master Franchise Opportunities: Yes

Veteran Discount: Yes; 50% off royalties for the first 6 months


Is Skill Samurai a Semi Absentee Franchise with a Passive Ownership Opportunity?

No. Skill Samurai is not a semi absentee franchise. The owner of the franchise (the franchisee) is expected to be involved in all aspects of day-to-day operations.

Is Skill Samurai a Home Based franchise?

No. Skill Samurai is not a home based franchise opportunity.

What Do Skill Samurai Franchise Owners Make?

Click here to find out how much Skill Samurai franchisees make. Skill Samurai offers an Item 19 in their Franchise Disclosure Document which provides financial information about select franchisees in their franchise system.

Is Skill Samurai a Master Franchise Opportunity?

Yes. Skill Samurai is a master franchise opportunity. A master franchisee is responsible to recruit, train and support franchisees in their territory.

Does Skill Samurai Offer a Veteran Discount?

Yes. Skill Samurai franchise does offer a veteran discount.

Does Skill Samurai Work with E2 Visa and EB-5 Visa Candidates?

Yes. Skill Samurai franchise does work with E2 Visa and EB-5 Visa candidates.

Is Skill Samurai Looking for Franchisees in Canada?

Yes. Skill Samurai franchise is looking for Canada franchisees.

Is Skill Samurai Looking for International franchisees?

Yes. Skill Samurai franchise is looking for International franchisees.

Additional Information

Additional Categories

Child Related, Education, Non Food Franchises

Number of Units Open

LESS THAN 20 UNITS

Cash Required

$50,000 - $100,000

Master Franchise

Yes

Passive Franchise

No

Home Based Franchise

No

Item 19 Franchise

Yes

Veteran Discount

No

B2B

No

Franchise Opportunities in Canada

Yes

International Franchise Opportunities

Yes

E2 Visa Franchise

Yes

Skill Samurai Franchises for Sale

Click Here to inquire about existing Skill Samurai franchises for sale. We may have Skill Samurai franchise resales. A franchise resale is an already established franchise owned by a franchisee and the franchisee is looking to sell their franchise.

The International Franchise Professionals Group (IFPG) is an internationally recognized membership-based franchise organization. IFPG Franchise Consultants guide aspiring business owners through the process of identifying and investing in franchise businesses. The IFPG represents more than 550 franchises. We do not represent all franchises listed here. By clicking on "Request a Consultation," you are agreeing to be contacted by one of our Certified Franchise Consultants to discuss franchise ownership.

About our rankings: The IFPG uses its internal data collected from our membership portal to identify which franchises had the most activity in the past week. This ranking system is not based on franchise sales, franchisee success rates or number of units open. Our ranking system should not be used to make a decision on which franchise to buy it was solely created for internal purposes and for our IFPG Members.