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Below is an in-depth analysis and side-by-side comparison of The Mad Science Group vs Kumon Math & Reading Centers including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $74,050 - $110,459 | $74,428 - $156,590 |
Franchise Fee | $25,000 | $1,000 |
Royalty Fee | 8% | $34-38/student/mo. |
Advertising Fee | - | - |
Year Founded | 1985 | 1958 |
Year Franchised | 1995 | 1958 |
Term Of Agreement | 25 years | 5 years |
Term Of Agreement | 25 years | 5 years |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | No/No |
Start-up Costs | No/Yes | No/No |
Equipment | No/Yes | No/No |
Inventory | No/No | No/No |
Receivables | No/No | No/No |
Payroll | No/No | No/No |
Training & Support |
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Training | - | At regional offices |
Support | Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet |
Marketing | Co-op advertising, Regional advertising | Co-op advertising, Regional advertising |
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 needed to run franchised unit: 2 - 3
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | No | No |
International Expansion | Yes | Yes |
As children, brothers Ariel and Ron Shlien loved to create crazy science experiments. As adults, they realized that kids like fun, cool science. So in 1985 they started Mad Science by hosting 'edu-taining' birthday parties featuring scienctific demonstrations.
Franchising began in 1995, with initial franchises in Florida and Toronto, and now has franchises worldwide offering educational demonstrations to preschools, in-class and afterschool programs, community centers and scout programs. The company also provides entertainment for birthday parties, special events, camps and more.
Secondary school math educator Toru Kumon built up the Kumon technique for adapting over 50 years back in Japan, when his child was battling with second-grade number-crunching. Understanding that a solid establishment in the rudiments - expansion, subtraction, increase and division- - was fundamental for larger amount math, Kumon made a progression of math worksheets for his child to chip away at after school. With every day practice, Kumon's child bit by bit extended his authority of scientific aptitudes and by 6th grade could settle differential conditions and basic analytics issues.