Start-Up Costs and Fees |
||
| The Mad Science Group | Kidcreate Studio | |
| Investment | 74050 - 110459 | 108860 - 261350 |
| Franchise Fee | 0 | |
| Royalty Fee | 8% | 8% |
| Advertising Fee | 1% | |
| Year Founded | 1985 | 2007 |
| Year Franchised | 1995 | 2016 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| The Mad Science Group | Kidcreate Studio | |
| Experience | Industry experience General business experience Marketing skills | |
Financing Options |
||
| The Mad Science Group | Kidcreate Studio | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| The Mad Science Group | Kidcreate Studio | |
| Training | On-The-Job Training: 73 hours Classroom Training: 38 hours Additional Training: As needed | |
| Support | Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | Co-op advertising, Regional advertising | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | Franchise can be run from home. 5% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 - 30 Absentee ownership of franchise is NOT allowed. (95% of current franchisees are owner/operators) | Number of Employees Required to Run: 4 - 12 |
Expansion Plans |
||
| The Mad Science Group | Kidcreate Studio | |
| 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 | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| The Mad Science Group | |
| Kidcreate Studio | |
| Franchise Fee | |
| The Mad Science Group | |
| Kidcreate Studio | |
| Royalty Fee | |
| The Mad Science Group | 8% |
| Kidcreate Studio | 8% |
| Advertising Fee | |
| The Mad Science Group | |
| Kidcreate Studio | 1% |
| Year Founded | |
| The Mad Science Group | 1985 |
| Kidcreate Studio | 2007 |
| Year Franchised | |
| The Mad Science Group | 1995 |
| Kidcreate Studio | 2016 |
| Term Of Agreement | |
| The Mad Science Group | 25 years |
| Kidcreate Studio | |
| Renewal Fee | |
| The Mad Science Group | |
| Kidcreate Studio | |
Business Experience Requirements |
|
| Experience | |
| The Mad Science Group | Industry experience General business experience Marketing skills |
| Kidcreate Studio | |
Financing Options |
|
| Franchise Fees | |
| The Mad Science Group | No |
| Kidcreate Studio | No |
| Start-up Costs | |
| The Mad Science Group | |
| Kidcreate Studio | |
| Equipment | |
| The Mad Science Group} | |
| Kidcreate Studio | |
| Inventory | |
| The Mad Science Group | |
| Kidcreate Studio | |
| Receivables | |
| The Mad Science Group | |
| Kidcreate Studio | |
| Payroll | |
| The Mad Science Group | |
| Kidcreate Studio | |
Training & Support |
|
| Training | |
| The Mad Science Group | |
| Kidcreate Studio | On-The-Job Training: 73 hours Classroom Training: 38 hours Additional Training: As needed |
| Support | |
| The Mad Science Group | Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations |
| Kidcreate Studio | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| The Mad Science Group | Co-op advertising, Regional advertising |
| Kidcreate Studio | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | |
| The Mad Science Group | Franchise can be run from home. 5% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 - 30 Absentee ownership of franchise is NOT allowed. (95% of current franchisees are owner/operators) |
| Kidcreate Studio | Number of Employees Required to Run: 4 - 12 |
Expansion Plans |
|
| US Expansion | |
| The Mad Science Group | |
| Kidcreate Studio | 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 | |
| The Mad Science Group | |
| Kidcreate Studio | |
| International Expansion | |
| The Mad Science Group | |
| Kidcreate Studio | |