Business Description

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:	48	92.3%
Company-Owned Units:	4	7.7%
Total Operating Units:	52	100.0%
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 0.0.0%

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

Density	Units
1. Alberta	8
2. British Columbia	5
3. Ontario	33

Registered in Following Registration States:

Financial Requirements

Investment:
Minimum Net Worth:	$NA
Cash Investment:	$100-130K
Total Investment:	$100-130K
Average Total Investment:	$115K
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?: No

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
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
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
Expansion Plans
Projected New Units Over Next 12 months: 5 U.S.: Yes, All United States Canada: No Overseas: No	Request Franchisor Info   Submit an online form to receive information from WHIZard Academy For Mathematics & English.