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Below is an in-depth analysis and side-by-side comparison of Nutty Scientists vs MakerKids including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $35,500 - $43,800 | $152,750 - $399,000 |
Franchise Fee | $28,000 | $30,000 |
Royalty Fee | 6%-8% | 8% |
Advertising Fee | 2% | 3% |
Year Founded | 1996 | 2013 |
Year Franchised | 1997 | 2018 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | - Passion for working with kids - Thirst for knowledge - Glass half full mindset (60% optimist, 40% realist) - An Excellent Credit History - Leadership Skills - A Desire to Succeed - A Desire to Make A Difference - No past bankruptcies - No past criminal record - Willing to get out there and make sales - Persistence - Desire to listen, share and be compliant - Being happy is more important to you than being right - Customer-oriented Wait, I don’t know how to teach STEM! - Don’t worry. If you don’t have a teaching background, you can still excel as a MakerKids franchisee. In fact, the backgrounds of our ideal franchisees vary greatly – from engineers and accountants to teachers and homemakers, and everything in between. MakerKids franchise training was designed to level the playing field. We teach you all that you need to know about running a business that deals with STEM instruction. |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/Yes | -/- |
Start-up Costs | -/Yes | -/- |
Equipment | -/Yes | -/- |
Inventory | -/Yes | -/- |
Receivables | -/Yes | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | On-The-Job Training: 21 hours Classroom Training: 21 hours | - Five (5) days Training in Toronto, Canada - Five (5) days On-Site Training - Education/Curriculum: MakerKids® Lesson Plans Options for additional training*: - Internal Training with support and guidance from MK Training Team via Teleconferences, GoTo Meeting and Webinars - Additional Training available at MK HQ in Toronto, Canada - Additional On-Site Training available *Please inquire about additional training. |
Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform | - Advertising and Marketing: Initial supply of Presentation materials and Templates. - Usage of proprietary Operations Manual - Use of MakerKids® Name, Logo and Trademarks - Annual training and workshop - MakerKids new releases and new concepts |
Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing | - Use of MakerKids® Name, Logo and Trademarks - Presentation Material & Templates |
Operations | Absentee Ownership Allowed Number of Employees Required to Run: 2 | - |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | - | Yes |
International Expansion | Yes | Yes |
Nutty Scientists® is a leading global provider of scientific
activities for children of all ages, and we’re an ideal franchise
opportunity for all types of people. If you want to make a difference in
the way children perceive and learn science and you have the ability to
market the service and programs we offer to the schools and families in
your community - a Nutty Scientists franchise could be a perfect fit.
Join a Worldwide Franchise Network
Nutty Scientists has franchised locations in more than 40 countries
across the globe and our reach continues to expand every day. Each
franchisee plays a special role in their community, but their main
responsibility is to enhance children’s lives by making science fun.
Choose from two franchise models:
The Home-Based Opportunity