Business Description

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	100.0%
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: 29 100.0%

North America:
States/Provinces with the largest number of operating units:

Density	Units
1. Connecticut	5
2. New Jersey	2

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

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
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
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. HQ	1 Week
2. HQ	2 Times/Year
3. On Site	2-4 Times/Year
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	Request Franchisor Info   Submit an online form to receive information from Little Scientists.