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WHIZard Academy For Mathematics & English

Licensees provide math, science and English tutoring to school age children from kindergarten to the end of high school. Individualized, self-paced learning is provided in learning centers located in malls and strip plazas, using a unique audio-visual learning program.

Franchisor Background

Year Established:

1992

Franchising Since:

1993

Operating Units:
Franchised Units:	50	94.3%
Company-Owned Units:	3	5.7%
	______	_____
Total Operating Units:	53	100%

Geographic Distribution:
U.S.:	0	0.0%	In 2 States
Canada:	0	0.0%	In 4 Canadian Provinces
International:	0	0.0%	In 0 Foreign Countries
	______	_____
Total:	0.0	100%

North America:
States/Provinces with the largest number of operating units:
Density	Units
1. Ontario	33
2. Alberta	8
3. British Columbia	5

Registered in Following Registration States:

Financial Requirements

Investment:
Minimum Net Worth:	$NA
Cash Investment:	$100-130K
Total Investment:	$150-180K
Average Total Investment:	$165K

Fees:
Initial Franchise Fee:	$35K
Average Franchise Fee:	$35K
On-Going Royalty:	10-12%
Average Royalty:	11%
Advertising Fee:	2%

Average Number of Employees:

2 Full-time, 6 Part-time

Space Needs (in square footage):

1,000

Preferred Sites:

Strip Center, Regional Mall

Other Sites:

Encourage Conversions?

Not Applicable

Earnings Claims Provided?

Listed in the SBA Registry?

Support and Training

International Franchise Association:	No
Canadian Franchise Association:	No
Franchisee Association/Member:	Yes, Member
Size of Corporate Staff:	14
Site Selection Assistance?	Yes
Lease Negotiation Assistance?	Yes
Financial Assistance?	No

Marketing Support:
Co-Op Advertising:	Yes
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:	Not Applicable
Central Purchasing:	Not Applicable
Field Operation Evaluation:	Included in Fees
Field Training:	Included in Fees
Initial Store Opening:	Included in Fees
Inventory Control:	Not Applicable
Franchisee Newsletter:	Included in Fees
Regional or National Meetings:	Included in Fees
800 Telephone Hotline:	Included in Fees

Training:
1. Training Center	1 Week

Franchisee Qualifications

Ranked from 1 (unimportant) to 5 (important):

Financial Net Worth:	3
General Business Experience:	3
Specific Industry Experience:	3
Formal Education:	3
Psychological Profile:	3
Personal Interview(s):	3

Minority Representation

Units Owned by Minorities:
African-American:	N/A
Asian-American:	15
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:	5 Year(s)
Term of Renewal Period:	5 Year(s)
Passive Ownership:	Not Allowed
Area Development Agreements?	Yes, for 10 Year(s)
Sub-Franchising Contracts?	Yes
Franchisees Allowed to Expand Within Territory?	Yes

Expansion Plans

Projected New Units Over Next 12 months:

U.S.:	Yes, All United States
Canada:	No
Overseas:	No

Franchisor Background

Year Established:

Franchising Since:

Operating Units:

Geographic Distribution:

North America: