Start-Up Costs and Fees |
||
| Mad Science | Kiddie Academy | |
| Investment | 30000 - 70000 | 345000 - 5605000 |
| Franchise Fee | 0 | |
| Royalty Fee | 7% | |
| Advertising Fee | 2% | |
| Year Founded | 1985 | 1981 |
| Year Franchised | 1995 | 1992 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Mad Science | Kiddie Academy | |
| Experience | People and management skills | |
Financing Options |
||
| Mad Science | Kiddie Academy | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Mad Science | Kiddie Academy | |
| Training | Classroom Training: 80 hours Additional Training: Online training | |
| Support | Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | |
| Marketing | Ad slicks, Regional advertising, Website, Web Advertising | |
| Operations | 15% of all franchisees own more than one unit Number of employees needed to run franchised unit: 20 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Mad Science | Kiddie Academy | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Mad Science | |
| Kiddie Academy | |
| Franchise Fee | |
| Mad Science | |
| Kiddie Academy | |
| Royalty Fee | |
| Mad Science | |
| Kiddie Academy | 7% |
| Advertising Fee | |
| Mad Science | |
| Kiddie Academy | 2% |
| Year Founded | |
| Mad Science | 1985 |
| Kiddie Academy | 1981 |
| Year Franchised | |
| Mad Science | 1995 |
| Kiddie Academy | 1992 |
| Term Of Agreement | |
| Mad Science | |
| Kiddie Academy | 15 years |
| Renewal Fee | |
| Mad Science | |
| Kiddie Academy | Varies |
Business Experience Requirements |
|
| Experience | |
| Mad Science | |
| Kiddie Academy | People and management skills |
Financing Options |
|
| Franchise Fees | |
| Mad Science | |
| Kiddie Academy | |
| Start-up Costs | |
| Mad Science | |
| Kiddie Academy | |
| Equipment | |
| Mad Science} | |
| Kiddie Academy | |
| Inventory | |
| Mad Science | |
| Kiddie Academy | |
| Receivables | |
| Mad Science | |
| Kiddie Academy | |
| Payroll | |
| Mad Science | |
| Kiddie Academy | |
Training & Support |
|
| Training | |
| Mad Science | |
| Kiddie Academy | Classroom Training: 80 hours Additional Training: Online training |
| Support | |
| Mad Science | |
| Kiddie Academy | Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| Mad Science | |
| Kiddie Academy | Ad slicks, Regional advertising, Website, Web Advertising |
| Operations | |
| Mad Science | |
| Kiddie Academy | 15% of all franchisees own more than one unit Number of employees needed to run franchised unit: 20 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Mad Science | |
| Kiddie Academy | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | |
| Mad Science | 0 |
| Kiddie Academy | |
| International Expansion | |
| Mad Science | |
| Kiddie Academy | |