| ||||
Updated RecentlyThe Mad Science Group vs GreenApple STEM Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of The Mad Science Group vs GreenApple STEM including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $74,050 - $110,459 | $25,000 - $100,000 |
| Franchise Fee | $25,000 | N/A |
| Royalty Fee | 8% | - |
| Advertising Fee | - | - |
| Year Founded | 1985 | 2003 |
| Year Franchised | 1995 | 2017 |
| 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 | - | At Licensee's Location Manual By Video Online |
| Support | Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations | Newsletter Advertising/Marketing Technical Support Online Support |
| 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) | - Business can be run from home. - Business can be run part-time. |
Expansion Plans |
||
| US Expansion | - | Yes |
| Canada Expansion | No | - |
| International Expansion | Yes | 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 GreenApple STEM
Business Model
GreenApple STEM licensees operate their STEM education business in an exclusive, protected territory available globally and are provided launch coaching, training and operations support. Powered by GreenApple Digital ResourcesProven proprietary digital lessons and courses, standards aligned and chock full of innovative hands on activities to bring STEM to life.
Innovative Hands On Gamified Programming
GreenApple STEM incorporates gamification to increase engagement and captivate students' imagination. We create an immersive, hands-on experience that provides practical strategies to prepare for the challenges of the future.
Experience Makes the Difference
GreenApple STEM is based on more than 15 years of experience developing and delivering quality, challenging hands-on STEM and Innovation programming.
- Exciting, fast growing sustainable business
- Proven, highly profitable business model
- Easily operated as a home based business full time or part time
- Fast Ramp up, Quick ROI
- Exclusive protected territory
- Global territory
- No Royalty Fees
- Proven digital STEM + Innovation hands on curriculum
- Continuous fresh & updated curriculum
- Comprehensive tools, coaching and training for you and your team
- Customizable marketing and sales tools
- Ongoing support to ensure your success
- Bringing STEM Education Entrepreneurship to Life!