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  Home  >>  Education-Related  >>  Education - General




Spirit of Math
120A Willowdale Ave.
Toronto, Ontario, M2N 4Y2 Canada




Submit an online form to receive information from Spirit of Math.
    Marketing Brochure
    Pre-Qualifier Application
Business Description

Spirit of Math provides a unique opportunity for you to offer a proven system of after-school math classes designed especially for high-performing students. It is not a tutoring program. Students come once a week from September to June and are taught in a classroom setting by highly qualified teachers using proprietary curriculum. Advanced Thinking, Academic Excellence, Award Winning Program. A franchise opportunity that really adds up!

Franchisor Background

Year Established:  1993

Franchising Since:  2006

Operating Units:

Franchised Units:

7

38.9%
Company-Owned Units:1161.1%
 
Total Operating Units:
18
100.0%
 
Geographic Distribution:
U.S.:15.6%In 1 States
Canada:1794.4%In 2 Canadian Provinces
International:00%In 0 Foreign Countries
 
Total:
18
100.0%
 
 
North America:
States/Provinces with the largest number of operating units:
DensityUnits
1. Ontario15
2. Manitoba2
3. New Jersey1

Registered in Following Registration States: Florida, New York, Rhode Island

Financial Requirements

Investment:
Minimum Net Worth: $200K
Cash Investment:$32-80K
Total Investment:$varies
Average Total Investment:$80K
 
Fees:
Initial Franchise Fee:$35K
Average Franchise Fee:$35K
On-Going Royalty:9%
Average Royalty:9%
Advertising Fee:1%
 
Average Number of Employees: 0 Full-time, 4 Part-time

Space Needs (in square footage): 1600 - 2100

Preferred Sites:

Other Sites: Community Centres, Retail Space, Churches

Encourage Conversions? No

Earnings Claims Provided?: No

Franchisee Qualifications
 
Ranked from 1 (unimportant) to 5 (important):
Financial Net Worth:4
General Business Experience:4
Specific Industry Experience:5
Formal Education:4
Psychological Profile:3
Personal Interview(s):4
 
Terms of Contract
 
Term of Initial Contract:5 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
 
Support and Training
 
International Franchise Association:No
Canadian Franchise Association:Yes
Franchisee Association/Member:No
Size of Corporate Staff: 23
Site Selection Assistance?Yes
Lease Negotiation Assistance?Yes
Financial Assistance?No
 
Marketing Support:
Co-Op Advertising:No
National Advertising:No
Regional Advertising:No
Local Advertising:No
Marketing Materials:Ad Slicks, Brochures, Direct Mailers, Emails, Promotional Items
Additional Services:In-house Marketing, Marketing Research, Newsletter
Other Marketing Support:Training and on-going support
 
On-Going Support:
Central Data Processing:Not Applicable
Central Purchasing:Not Applicable
Field Operation Evaluation:Included in Fees
Field Training:At Additional Cost
Initial Store Opening:Included in Fees
Inventory Control:Not Applicable
Franchisee Newsletter:Included in Fees
Regional or National Meetings:At Additional Cost
800 Telephone Hotline:At Additional Cost
 
Training:
1. Toronto80 hours
2. Local
 
Expansion Plans
 
Projected New Units Over Next 12 months: 10

U.S.:

Yes, FL, IN, IL, MD, MO, NY, NJ, NC, OH, PA, VA, WA, WI
Canada:Yes, AB, BC, NB, ON
Overseas:No
Submit an online form to receive information from Spirit of Math.
    Marketing Brochure
    Pre-Qualifier Application