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Below is an in-depth analysis and side-by-side comparison of The Mad Science Group vs Stretch-N-Grow including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $74,050 - $110,459 | $23,600 |
Franchise Fee | $25,000 | $18,600 |
Royalty Fee | 8% | $150/mo. |
Advertising Fee | - | - |
Year Founded | 1985 | 1992 |
Year Franchised | 1995 | 1993 |
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/Yes | No/No |
Start-up Costs | No/Yes | No/No |
Equipment | No/Yes | No/No |
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 | Newsletter, Meetings, Toll-free phone line, Internet |
Marketing | Co-op advertising, Regional advertising | National media |
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) |
Franchise can be run from home. 5% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | No | No |
International Expansion | Yes | Yes |
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.
Each Stretch-n-Grow class is about 45 minutes long, with 30 minutes of exercise and 15 minutes of discussion. Classes are taught at child-care and recreation centers, elementary schools, YMCA and YWCA centers, Mothers' Day Out programs and Head Start facilities. Instructors also provide classes for after-school programs, birthday parties and sports camps.
The company began franchising in 1993 and has locations in Canada, Australia, New Zealand, England, Ireland, and Hong Kong, as well as the United States.