Magikid franchise
2026 filing · March 31, 2026
Magikid at a glance
A robotics education lab offering curriculum-based classes, camps and competition training for ages 5 to 17.
The business
- Industry
- Education
- Franchisor
- Magikid Franchising Inc
- The company that sells the franchises
- Franchising since
- 2024
- 2 years of selling franchises
- Franchisor based in
- Frisco, Texas
- Typical size
- 1,300–2,500 sq ft
What you pay
- Cost to open
- $150K–$253K
- Fee, build-out and opening working capital
- Franchise fee
- $55,000
- Paid once, when you sign
- Royalty
- 7%
- 7% of gross sales with a minimum of $1,000 a month, paid monthly, plus up to 2% to the brand development fund (currently 1%)
- Brand fund
- 1%
- 1% of gross sales, paid monthly; it can rise to 2%
- Renewal fee
- $55,000
- When the agreement ends and you sign again
- Agreement length
- 5 years
- Territory
- Limited
- Limited protection
- Franchisor financing
- None offered
Where it is
- Franchised, 2025
- 21
- As printed in the filing
From Magikid Franchising Inc’s 2026 filing; SBA status from the SBA Franchise Directory, October 28, 2026.
Where it ranks
Magikid among all franchises with the same figure.
| Figure | Magikid | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $201,475 | Costs less than 69% of franchises |
| Franchise feePaid once, when you sign | $55,000 | Higher than 82% of franchises |
| RoyaltyShare of sales paid to the franchisor | 7% | Higher than 70% of brands with a set rate |
How much a Magikid franchise costs
Opening one Magikid costs an estimated $149,850 to $253,100. That covers the franchise fee and everything else needed to open, through the first months of working capital.
The biggest costs are construction and leasehold improvements ($15,000 to $60,000) and initial franchise fee ($55,000). Here is every line of the estimate as filed:
| What it pays for | Range | Low | High |
|---|---|---|---|
| Initial Franchise Fee | $55,000 | ||
| Deposit | $10,000 | ||
| Onsite Opening Event Training and Support Fee | $1,000 | $3,000 | |
| Location Inspection Fee | $0 | $1,500 | |
| Construction and Leasehold Improvements | $15,000 | $60,000 | |
| Lease Deposits – Three Months | $3,800 | $10,000 | |
| Furniture, Fixtures and Equipment | $5,000 | $12,000 | |
| Signage | $3,000 | $8,000 | |
| Grand Opening Marketing | $4,000 | ||
| Initial Inventory | $4,000 | $5,000 | |
| Computer Equipment and Robotics Education Packages | $30,000 | $45,000 | |
| Utility Deposits | $300 | $600 | |
| Insurance | $1,500 | $2,000 | |
| Professional Fees | $2,000 | $3,000 | |
| When Due Licenses and Permits | $250 | $4,000 | |
| Additional Funds – Three Months | $15,000 | $30,000 | |
| Total | $149,850 | $253,100 | |
Source: Magikid Franchising Inc, 2026 filing, page 19
Magikid franchise fee
The franchise fee is $55,000. You pay it when you sign the franchise agreement.
Source: Magikid Franchising Inc, 2026 filing, page 13
Royalty and ongoing fees
| Royalty | 7% of gross sales with a minimum of $1,000 a month, paid monthly, plus up to 2% to the brand development fund (currently 1%). |
|---|---|
| Brand or marketing fund | 1% of gross sales, paid monthly; it can rise to 2%. |
| Technology | Up to $500 per month, currently not assessed |
| Renewal | $55,000 |
| Local Marketing | 2% of Gross Sales |
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: Magikid Franchising Inc, 2026 filing, page 14
Other fees as filed, from pages 14–16. The filing lists every fee, including late fees and audit costs.
Sales and earnings
No figures Magikid does not share sales or profit figures for its locations. Talking to current and former franchise owners is the usual way to learn what a location earns.
Source: Magikid Franchising Inc, 2026 filing, page 51
How Magikid compares
Of the 221 education franchises on this site, Magikid is the 132nd cheapest to open.
| Figure | Magikid | Typical education brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $150K | $120K | $222K |
| Cost to open, high end | $253K | $228K | $477K |
| Franchise fee | $55K | $42K | $40K |
| Royalty | 7% | 7% | 6% |
| Brand fund | 1% | 2% | 2% |
| Shares earnings figures | No | 148 of 221 | 2,147 of 3,352 |
Typical is the median across the 221 brands in education franchises; typical franchise, across every brand here.
Locations opened and closed
| Year | Franchised | Company-owned |
|---|---|---|
| 2023 | 15 (+7) | 1 |
| 2024 | 18 (+3) | 1 |
| 2025 | 21 (+3) | 1 |
Closed or left counts terminations, non-renewals, locations bought back by the franchisor and locations that stopped operating.
These figures don't add up as printed: the 2023 counts come to 9, but the filing shows 8. Worth asking the franchisor.
See which brands grew most in the fastest-growing franchises rankings.
More in the guides: franchise failure rates.
Source: Magikid Franchising Inc, 2026 filing, page 52
Where Magikid locations are
At the end of 2025, Magikid had locations in 5 states. The most are in California, Texas and Washington.
- California14
- Texas4
- Washington2
- Massachusetts1
- Michigan1
| State | Franchised | Company-owned | Total |
|---|---|---|---|
| California | 14 | 0 | 14 |
| Texas | 3 | 1 | 4 |
| Washington | 2 | 0 | 2 |
| Massachusetts | 1 | 0 | 1 |
| Michigan | 1 | 0 | 1 |
Source: Magikid Franchising Inc, 2026 filing, page 53
Who owns Magikid?
Magikid franchises are sold by Magikid Franchising Inc.
From Magikid Franchising Inc’s 2026 filing.
Lawsuits and bankruptcy
| Lawsuits and regulatory actions | Yes. The filing describes past or pending cases involving the franchisor, its affiliates or its executives on pages 11–12. |
|---|---|
| Bankruptcy | None. The filing says no bankruptcy has to be disclosed. |
Franchisors must disclose lawsuits and bankruptcies involving the company, its parents and affiliates, and its executives. Many cases are routine disputes with franchisees over fees or contracts; read the descriptions in the filing and ask current owners about anything that worries you.
Source: Magikid Franchising Inc, 2026 filing, litigation on pages 11–12, bankruptcy on page 12
Magikid filings
The figures on this page come from Magikid Franchising Inc’s 2026 filing, issued March 31, 2026, on record with the NASAA Electronic Filing Depository.
| Filing | Issued | Registry | On this page |
|---|---|---|---|
| 2026 filing | March 31, 2026 | NASAA depository | Costs, fees and locations, 2023–2025 |
Each link opens the filing as a PDF. See the newest filings across all brands.
