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Mad Science Group, The
8360 Bougainville, # 201
Montreal, PQ H4P 2G1 CANADA
800#: (800) 586-5231 + 104
Tel: (514) 344-4181
Fax: (514) 344-6695
E-Mail: [email protected]
Web Site: www.madscience.org
Contact: Mr. Joel Lazarovitz, Sales/Marketing Coordinator
Your staff provides hands-on, interactive science shows for children ages 4-12. Turn kids onto science! Home based, profitable, rewarding.
Franchisor Background
Established: 1985
First Franchise: 1995
Franchise Units: 195
Company-Owned Units: 0
Total Units: 195
Distribution:
U.S. -- 160;
Canada -- 10;
International -- 25
-North America -- Operations in 30 States, 8 Provinces
-States/Provinces with Greatest Density: 12 in CA, 10 in NJ, 4 in BC
Projected New Units Over Next 12 months: 20
Franchisee Qualifications: 2, 5, 3, 3, 5, 5
(Click here for an explanation)
Registered in Following Registration States: All States (Click here for an explanation)
Average Number of Employees: 1 FT, 3-5 PT (FT = Full Time, PT = Part Time)
Space Needs: NR SF; HB
(Click here for abbreviations)
Encourage Conversion: NA
Financial Requirements
Cash Investment: $10K
Total Investment: $55K
Average Total Investment: $55.0K
Minimum Net Worth: $23.5K
Fees:
-Franchise: $23.5K
-Average Franchise Fee: $23.5K
-Royalty: 8%
-Average Royalty: 8.0%
-Advertising: 0%
Provide Earning Claim Statement: Yes
Terms of Contract
Term of Contract (Years): 10/5
Passive Ownership: Not Allowed
Area Development Agreements: No
Sub-Franchising Contracts: No
Expand In Territory: Yes
Franchisor Support and Training Provided
Site Selection Assistance: NA
Lease Negotiation Assistance: NA
Financial Assistance: Yes(I)
Cooperative Advertising: NA
International Franchise Association: IFA MEMBER
Canadian Franchise Association:
Franchisee Association / Member: Yes/Yes
Size Of Corporate Staff: 30
On-Going Support: A,b,C,D,E,F,G,h,i (Click here for an explanation)
Training: 5 Days in Montreal, PQ; 5 Days on Site.
Franchisor's Specific Expansion Plans
U.S.: All United States
Canada: All Canada
Overseas: All Countries
Note: NR = No Response by Franchisor.
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