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Little Scientists
 

LITTLE SCIENTISTS is a leader in hands-on science education for children ages 3 to 9. Nearly 200 hands-on lessons make up a innovative science curriculum. The curriculum has been developed by renowned scientists and educators. The market is growing at a remarkable rate. Owning a LITTLE SCIENTIST franchise is a highly profitable endeavor yielding great community benefits.

Franchisor Background

Year Established:

  1993

Franchising Since:

  1996

Operating Units:

Franchised Units:27 93.1%  
Company-Owned Units:2 6.9%  
 ______ _____  
Total Operating Units:29 100%  
 

Geographic Distribution:

U.S.:28 96.6% In 7 States
Canada:0 0% In 0 Canadian Provinces
International:1 3.4% In 0 Foreign Countries
 ______ _____  
Total:29 100%  
 

North America:

States/Provinces with the largest number of operating units:
DensityUnits    
1. Connecticut5
2. New Jersey2

Registered in Following Registration States:

   California, Florida, Illinois, New York, Virginia, Wisconsin

Financial Requirements

Investment:

Minimum Net Worth:$50K
Cash Investment:$25K
Total Investment:$35K
Average Total Investment:$35K
 

Fees:

Initial Franchise Fee:$20K
Average Franchise Fee:$20K
On-Going Royalty:6%/$250/Mo.
Average Royalty:6%
Advertising Fee:1%

Average Number of Employees:

   2 Full-time, 6-10 Part-time

Space Needs (in square footage):

   500

Preferred Sites:

   Home-based

Other Sites:

  

Encourage Conversions?

   Yes

Earnings Claims Provided?

   No

Listed in the SBA Registry?

   No

Support and Training

International Franchise Association:No
Canadian Franchise Association:No
Franchisee Association/Member:Yes, Member
Size of Corporate Staff:15
Site Selection Assistance?Not Applicable
Lease Negotiation Assistance?Not Applicable
Financial Assistance?Yes, Direct
 

Marketing Support:

Co-Op Advertising:No
National Advertising:No
Regional Advertising:No
Local Advertising:No
Marketing Materials:None Specified
Additional Services:None Specified
Other Marketing Support:None Specified
 

On-Going Support:

Central Data Processing:Included in Fees
Central Purchasing:Included in Fees
Field Operation Evaluation:Included in Fees
Field Training:Included in Fees
Initial Store Opening:Not Applicable
Inventory Control:Not Applicable
Franchisee Newsletter:Included in Fees
Regional or National Meetings:Included in Fees
800 Telephone Hotline:Included in Fees
 

Training:

1. HQ1 Week
2. HQ2 Times/Year
3. On Site2-4 Times/Year
 

Franchisee Qualifications

Ranked from 1 (unimportant) to 5 (important):
 
Financial Net Worth:3
General Business Experience:5
Specific Industry Experience:4
Formal Education:4
Psychological Profile:5
Personal Interview(s):5

Minority Representation

Units Owned by Minorities:

African-American:N/A
Asian-American:N/A
Hispanic:N/A
Native American:N/A
Other:N/A
Specific Minority:N/A

Terms of Contract

Term of Initial Contract:10 Year(s)
Term of Renewal Period:10 Year(s)
Passive Ownership:Allowed, But Discouraged
Area Development Agreements?Yes, for 1 Year(s)
Sub-Franchising Contracts?Yes
Franchisees Allowed to Expand Within Territory?Yes

Expansion Plans

Projected New Units Over Next 12 months:

   14
U.S.:Yes, All United States
Canada:Yes, All Canada
Overseas:Yes, All Countries Except Korea
 
 
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