Start-Up Costs and Fees |
||
| The Mad Science Group | Parker-Anderson Enrichment | |
| Investment | 74050 - 110459 | 15980 - 81100 |
| Franchise Fee | 0 | |
| Royalty Fee | 8% | 8% |
| Advertising Fee | ||
| Year Founded | 1985 | 2005 |
| Year Franchised | 1995 | 2014 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| The Mad Science Group | Parker-Anderson Enrichment | |
| Experience | Industry experience General business experience Marketing skills | |
Financing Options |
||
| The Mad Science Group | Parker-Anderson Enrichment | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| The Mad Science Group | Parker-Anderson Enrichment | |
| Training | On-The-Job Training: 2-6 hours Classroom Training: 18-22 hours Additional Training: Oline training | |
| Support | Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations | Meetings/Conventions Toll-Free Line Online Support |
| Marketing | Co-op advertising, Regional advertising | National Media Website development |
| 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: 1 - 4 |
Expansion Plans |
||
| The Mad Science Group | Parker-Anderson Enrichment | |
| 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 | |
| Parker-Anderson Enrichment | |
| Franchise Fee | |
| The Mad Science Group | |
| Parker-Anderson Enrichment | |
| Royalty Fee | |
| The Mad Science Group | 8% |
| Parker-Anderson Enrichment | 8% |
| Advertising Fee | |
| The Mad Science Group | |
| Parker-Anderson Enrichment | |
| Year Founded | |
| The Mad Science Group | 1985 |
| Parker-Anderson Enrichment | 2005 |
| Year Franchised | |
| The Mad Science Group | 1995 |
| Parker-Anderson Enrichment | 2014 |
| Term Of Agreement | |
| The Mad Science Group | 25 years |
| Parker-Anderson Enrichment | |
| Renewal Fee | |
| The Mad Science Group | |
| Parker-Anderson Enrichment | |
Business Experience Requirements |
|
| Experience | |
| The Mad Science Group | Industry experience General business experience Marketing skills |
| Parker-Anderson Enrichment | |
Financing Options |
|
| Franchise Fees | |
| The Mad Science Group | No |
| Parker-Anderson Enrichment | No |
| Start-up Costs | |
| The Mad Science Group | |
| Parker-Anderson Enrichment | |
| Equipment | |
| The Mad Science Group} | |
| Parker-Anderson Enrichment | |
| Inventory | |
| The Mad Science Group | |
| Parker-Anderson Enrichment | |
| Receivables | |
| The Mad Science Group | |
| Parker-Anderson Enrichment | |
| Payroll | |
| The Mad Science Group | |
| Parker-Anderson Enrichment | |
Training & Support |
|
| Training | |
| The Mad Science Group | |
| Parker-Anderson Enrichment | On-The-Job Training: 2-6 hours Classroom Training: 18-22 hours Additional Training: Oline training |
| Support | |
| The Mad Science Group | Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations |
| Parker-Anderson Enrichment | Meetings/Conventions Toll-Free Line Online Support |
| Marketing | |
| The Mad Science Group | Co-op advertising, Regional advertising |
| Parker-Anderson Enrichment | National Media Website development |
| 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) |
| Parker-Anderson Enrichment | Number of Employees Required to Run: 1 - 4 |
Expansion Plans |
|
| US Expansion | |
| The Mad Science Group | |
| Parker-Anderson Enrichment | 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 | |
| Parker-Anderson Enrichment | |
| International Expansion | |
| The Mad Science Group | |
| Parker-Anderson Enrichment | |