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Updated RecentlyInternational Dancesport Studios vs The Mad Science Group Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of International Dancesport Studios vs The Mad Science Group including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $58,500 - $79,700 | $74,050 - $110,459 |
| Franchise Fee | $37,000 | $25,000 |
| Royalty Fee | 10% | 8% |
| Advertising Fee | - | - |
| Year Founded | 1996 | 1985 |
| Year Franchised | 2003 | 1995 |
| Term Of Agreement | - | 25 years |
| Term Of Agreement | - | 25 years |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/No | No/Yes |
| Start-up Costs | No/No | No/Yes |
| Equipment | No/No | No/Yes |
| Inventory | No/No | No/No |
| Receivables | No/No | No/No |
| Payroll | No/No | No/No |
Training & Support |
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| 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 |
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| US Expansion | - | - |
| Canada Expansion | No | No |
| International Expansion | Yes | Yes |
Company Overviews
About International Dancesport Studios
International DanceSport Studios are award winning franchised ballroom dance studios founded and directed by Carlos Manuel Gutierrez Jr. since 1995. Mr. Gutierrez is a renowned producer and a world class, award winning, ballroom dance teacher. In addition to operating IDS, he owns and produces an international open ballroom dance championship, Mexico Open, which is held annually in Cancun, Mexico. Mr. Gutierrez is also the founder and president of LAWDSC, Latin America World DanceSport Council, a world dance council that promotes ballroom dancing as a sport on an athletic level as well as a form of art, and an exercising outlet. In IDS, we specialize in individual training of both professional and amateur dancers. We accept single students, couples, as well as students who desire special event oriented training, such as wedding and prom preparations. Every one of our programs is individually designed to meet each of our student's personal needs. Our students do not need any prior experience or knowledge, we accept students of any level and we provide training up to Gold Level, and anything in between, as well as physical therapy training. We know that every student has a specific goal in mind when it comes to their training and we believe that our personal training system accompanied with our private instructors are the best tools to truly tend to those needs and desires.
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.