|
Below is an in-depth analysis and side-by-side comparison of The Mad Science Group vs We Rock the Spectrum Kid's Gym including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $74,050 - $110,459 | $92,678 - $206,378 |
Franchise Fee | $25,000 | $50,000 |
Royalty Fee | 8% | - |
Advertising Fee | - | - |
Year Founded | 1985 | 2013 |
Year Franchised | 1995 | 2013 |
Term Of Agreement | 25 years | - |
Term Of Agreement | 25 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | |
Financing Options |
||
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 |
||
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 |
||
US Expansion | - | - |
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.
We Rock the Spectrum Kid’s Gym is an international franchise with a successful business model, great reputation, established clientele, and a rapidly growing customer base. WRTS has enormous marketing potential
due to the significant rise in the number of children being diagnosed
with autism and sensory processing disorders.
The latest reports from the CDC estimate 1-in-68 children worldwide has been diagnosed with an autism-related disorder, and 1 out of 6 children has been diagnosed with SPD or another neurological disorder. Our services and activities are designed to cater to all children, no matter their development. We strive to provide an amazing example of how we can help all children grow and develop by providing an all inclusive environment.