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Below is an in-depth analysis and side-by-side comparison of The Mad Science Group vs Tippi Toes Dance Company 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 | $28,000 - $40,000 |
Franchise Fee | $25,000 | $28,000 |
Royalty Fee | 8% | 6% |
Advertising Fee | - | - |
Year Founded | 1985 | 1999 |
Year Franchised | 1995 | 2009 |
Term Of Agreement | 25 years | 10 years |
Term Of Agreement | 25 years | 10 years |
Renewal Fee | - | $10K |
Business Experience Requirements |
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Experience | None needed as we train to the specific needs of each franchise owner. | |
Financing Options |
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In-House/3rd Party | In-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 |
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Training | - | On-site training at initial start up; seminars annually |
Support | Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations | Weekly phone calls (as needed), Meetings, phone line, Internet, Security/safety procedures, On Site sales, and start-up |
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) | Franchise can be run from home. 0% of all franchisees own more than one unit Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | No | - |
International Expansion | 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.
Tippi Toes provides a unique experience in a family-oriented environment and is dedicated to offering exceptional service to customers. We have proven our operations, training, marketing services, etc, over the past few years and are expanding by appointing qualified individuals to operate one or more dance dream worlds as a franchise. Tippi Toes also uses original music specifically designed to make our dance classes more kid-freindly and positive unlike any other children's activity.Tippi Toes Dance Company is a family business and we are as committed to your success as to our own. We are looking for people who love children and want to improve their lives on a daily basis! Tippi Toes provides a unique experience in a family-oriented environment and we are dedicated to offering exceptional service to customers. We have proven our operations, marketing services, etc, over the past few years and are ready to expand into the states of Texas, Oklahoma, Ohio, Minnesota, Florida Kansas and Missouri by appointing qualified individuals to operate one or more dance dream worlds as a franchise. If you genuinely enjoy children If you are interested in owning your own business but not being in business alone If you are interested in having a business with an excellent growth and profit potential You may just be the right person to be our next franchise. When you become a Tippi Toes Dance Company franchisee you'll receive all the training, materials and support you need. And as with any family, we'll be communicating on a regular basis, keeping you aware of the latest trends and developments.