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Provider of science activities for children
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.
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The investment required to open a The Mad Science Group Franchise is between $74,050-$110,459. There is an initial franchise fee of $25,000 which grants you the license to run a business under the The Mad Science Group name.
Year | U.S.A. | Canada | International | Corporate |
---|---|---|---|---|
2005 | 133 | 25 | 27 | 0 |
2004 | 112 | 21 | 32 | 0 |
2003 | 102 | 21 | 33 | 0 |
2002 | 94 | 19 | 30 | 0 |
2001 | 86 | 21 | 29 | 0 |
International:
Expense | In-House | Third Party |
---|---|---|
Franchise Fee | No | Yes |
Startup Costs | No | Yes |
Equipment | No | Yes |
Inventory | No | No |
Accounts Receivable | No | No |
Payroll | No | No |
Third Party Financing Source(s): the SBA, AT&T Capital
Support
Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations
Marketing
Co-op advertising, Regional advertising
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 Experience:
To calculate how much income a franchise owner can do at The Mad Science Group Franchise, may vary on factors like location, size etc., On the other side as a business owner your goals to maintain the quality of service while streaming sales high and expenses low. As any other franchise may include rent/mortgage, staffing/family, inventory supplies, utilities, administrative costs vise vera. Location to location and seasons the months costs may vary. Most franchises start up costs are typically fixed and they will cover most of the initial operating costs like signage, furniture, decoration and renovations.
Legal Disclaimer: This information is not a franchise offering for The Mad Science Group and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recommend that anyone seriously interested in pursuing a The Mad Science Group franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.
The Mad Science Group
8360 Bougainville St., #201
Montreal,
PQ
H4P 2G1