The Mad Science Group vs Taste Buds Kitchen Franchise Comparison

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

Start-Up Costs and Fees
 
The Mad Science Group Franchise
Taste Buds Kitchen Franchise
Investment $74,050 - $110,459$302,195 - $375,225
Franchise Fee $25,000$45,000
Royalty Fee 8%9%
Advertising Fee -1%
Year Founded 19852013
Year Franchised 19952013
Term Of Agreement 25 years-
Term Of Agreement 25 years-
Renewal Fee --


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

    Financing Options
     
    The Mad Science Group Franchise
    Taste Buds Kitchen 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
    Taste Buds Kitchen 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
    Taste Buds Kitchen Franchise
    US Expansion -Yes
    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 Taste Buds Kitchen

    "Taste

    Taste Buds Kitchen specializes in fresh and unique cooking events. Our mission is to be the top culinary entertainment experience for kids and families by engaging and delighting our budding chefs in the kitchen. What began as a few holiday baking classes and cupcake making birthday parties, under the name Cupcake Kids!, quickly evolved into much more.
    Our culinary adventures now include an ever-growing variety of classes, parties, camps and special events that combine a well-balanced mix of engaging recipes, both savory and sweet, as we take to the kitchen to sprout taste buds and a good time. We’ve grown from a team of one to over twenty culinary professionals excited to bring cooking adventures to our clients. We support kids, families and food and strive to create a lifestyle around connecting, learning and growing in the culinary playgroup of the kitchen. Be sure to visit our Kitchen Studio in Chelsea and check our out retail outpost at the Flagship FAO Schwar.
    Taste Buds Kitchen is proclaimed the “Best Kids Cooking Class” by New York Magazine and featured as the must try activity by CBS, NBC, The Wall Street Journal, Fox News, The New York Times, Hampton Magazine and more.