The Mad Science Group vs Fitniks Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of The Mad Science Group vs Fitniks including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
The Mad Science Group Franchise
Fitniks Franchise
Investment $74,050 - $110,459$171,000 - $242,250
Franchise Fee $25,000$39,000
Royalty Fee 8%-
Advertising Fee --
Year Founded 19852006
Year Franchised 19952006
Term Of Agreement 25 years5 years
Term Of Agreement 25 years5 years
Renewal Fee --


Business Experience Requirements
 
The Mad Science Group Franchise
Fitniks Franchise
Experience
  • Industry experience
  • General business experience
  • Marketing skills
    		• -

    Financing Options
     
    The Mad Science Group Franchise
    Fitniks Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/Yes-/-
    Start-up Costs No/Yes-/-
    Equipment No/Yes-/-
    Inventory No/No-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support
     
    The Mad Science Group Franchise
    Fitniks Franchise
    Training --
    Support Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations-
    Marketing 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)

    		-

    Expansion Plans
     
    The Mad Science Group Franchise
    Fitniks Franchise
    US Expansion --
    Canada Expansion No-
    International Expansion Yes-

    Company Overviews

    About The Mad Science Group

    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.

    About Fitniks

    NO LONGER FRANCHISING