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Mad Science
 

Your staff provides hands-on, interactive science shows for children ages 4-12. Turn kids onto science! Home based, profitable, rewarding.

Franchisor Background

Year Established:

  1985

Franchising Since:

  1995

IFA Member



Operating Units:

Franchised Units:205 100%  
Company-Owned Units:0 0%  
 ______ _____  
Total Operating Units:205 100%  
 

Geographic Distribution:

U.S.:165 80.5% In 30 States
Canada:10 4.9% In 8 Canadian Provinces
International:30 14.6% In 0 Foreign Countries
 ______ _____  
Total:205 100%  
 

North America:

States/Provinces with the largest number of operating units:
DensityUnits    
1. California12
2. New Jersey10
3. British Columbia4

Registered in Following Registration States:

   California, Florida, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington, Wisconsin, District Of Columbia

Financial Requirements

Investment:

Minimum Net Worth:$23.5K
Cash Investment:$23.5-50K
Total Investment:$30-70K
Average Total Investment:$50K
 

Fees:

Initial Franchise Fee:$23.5K
Average Franchise Fee:$23K
On-Going Royalty:8%
Average Royalty:8%
Advertising Fee:0%

Average Number of Employees:

   1 Full-time, 3-5 Part-time

Space Needs (in square footage):

   N/A

Preferred Sites:

   Home-based

Other Sites:

  

Encourage Conversions?

   Not Applicable

Earnings Claims Provided?

   Yes

Listed in the SBA Registry?

   No

Support and Training

International Franchise Association:Yes
Canadian Franchise Association:No
Franchisee Association/Member:Yes, Member
Size of Corporate Staff:30
Site Selection Assistance?Not Applicable
Lease Negotiation Assistance?Not Applicable
Financial Assistance?Yes, Indirect
 

Marketing Support:

Co-Op Advertising:No
National Advertising:No
Regional Advertising:No
Local Advertising:No
Marketing Materials:Ad Slicks, Brochures, Emails, Promotional Items, Videos
Additional Services:Grand Opening, Marketing Research, Online Extranet, Press Releases
Other Marketing Support:None Specified
 

On-Going Support:

Central Data Processing:Included in Fees
Central Purchasing:At Additional Cost
Field Operation Evaluation:Included in Fees
Field Training:Included in Fees
Initial Store Opening:Included in Fees
Inventory Control:Included in Fees
Franchisee Newsletter:Included in Fees
Regional or National Meetings:At Additional Cost
800 Telephone Hotline:At Additional Cost
 

Training:

1. Corporate Office, Montreal, PQ5 Days
2. On-Site5 Days
 

Franchisee Qualifications

Ranked from 1 (unimportant) to 5 (important):
 
Financial Net Worth:2
General Business Experience:5
Specific Industry Experience:3
Formal Education:3
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:Although we strongly support the objectives of the NMFI, we do not yet have any specific programs in place at this time.

Terms of Contract

Term of Initial Contract:10 Year(s)
Term of Renewal Period:5 Year(s)
Passive Ownership:Not Allowed
Area Development Agreements?No
Sub-Franchising Contracts?No
Franchisees Allowed to Expand Within Territory?Yes

Expansion Plans

Projected New Units Over Next 12 months:

   20
U.S.:Yes, All United States
Canada:Yes, All Canada
Overseas:Yes, All Countries
 
 
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