The Mad Science Group vs Inspiration Learning Center Franchise Comparison

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

Start-Up Costs and Fees
 
The Mad Science Group Franchise
Inspiration Learning Center Franchise
Investment $74,050 - $110,459$50,000 - $70,000
Franchise Fee $25,000$18,800
Royalty Fee 8%10%
Advertising Fee -2%
Year Founded 19852003
Year Franchised 19952008
Term Of Agreement 25 years-
Term Of Agreement 25 years-
Renewal Fee --


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

    Financing Options
     
    The Mad Science Group Franchise
    Inspiration Learning Center 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
    Inspiration Learning Center Franchise
    Training -Extensive tutor training, administrative training and sales training are provided. Continued support is made available to all franchise owners from our flagship location in Scarborough, Ontario. The length of training is typically three weeks.
    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
    Inspiration Learning Center Franchise
    US Expansion -Yes
    Canada Expansion No-
    International Expansion YesYes

    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 Inspiration Learning Center

    Inspiration Learning Center Franchising Corp. is invested in a dynamic learning center.
    Inspiration Learning Center serves students of all ages with on site and home tutoring. Opening in 2003, and established and successful in the GTA, the center is rapidly expanding into other markets on the strength of its unique combination of Eastern and Western teaching methodologies. With competitive start up fees, get in on the ground floor of an exciting educational business opportunity.