The Mad Science Group vs Parker-Anderson Enrichment Franchise Comparison

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

Start-Up Costs and Fees
	The Mad Science Group Franchise	Parker-Anderson Enrichment Franchise
Investment	$74,050 - $110,459	$15,980 - $81,100
Franchise Fee	$25,000	N/A
Royalty Fee	8%	8%
Advertising Fee	-	-
Year Founded	1985	2005
Year Franchised	1995	2014
Term Of Agreement	25 years	-
Term Of Agreement	25 years	-
Renewal Fee	-	-
Business Experience Requirements
	The Mad Science Group Franchise	Parker-Anderson Enrichment Franchise
Experience	Industry experience General business experience Marketing skills	-
Financing Options
	The Mad Science Group Franchise	Parker-Anderson Enrichment Franchise
	In-House/3rd Party	In-House/3rd Party
Franchise Fees	No/Yes	-/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	Parker-Anderson Enrichment Franchise
Training	-	On-The-Job Training: 2-6 hours Classroom Training: 18-22 hours Additional Training: Oline training
Support	Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations	Meetings/Conventions Toll-Free Line Online Support
Marketing	Co-op advertising, Regional advertising	National Media Website development
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)	Number of Employees Required to Run: 1 - 4
Expansion Plans
	The Mad Science Group Franchise	Parker-Anderson Enrichment 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 Parker-Anderson Enrichment

For over twenty-five years, Parker-Anderson Enrichment has offered the most diverse selection of kids programs
that any franchise has to offer. Our motto is “Fun Comes First,” our intention is to educate through hands-on learning,
and our hope is that students around the world can share our abundant array of classes.
Considering that demand keeps growing for after school programs, and that shrinking school budgets increase the market for someone to take over hands-on learning

#373 in Franchise 500 for 2021.