Whizard Academy for Mathematics & English vs Engineering for Kids Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Whizard Academy for Mathematics & English vs Engineering for Kids including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Whizard Academy for Mathematics & English Franchise
Engineering for Kids Franchise
Investment $125,800 - $177,300$27,250 - $93,700
Franchise Fee $38,000$12,250 - $22,500
Royalty Fee 10%7%
Advertising Fee -1%
Year Founded 19932009
Year Franchised 19932011
Term Of Agreement -7 years
Term Of Agreement -7 years
Renewal Fee $75K/$10K-


Business Experience Requirements

 
Whizard Academy for Mathematics & English Franchise
Engineering for Kids Franchise
Experience --

Financing Options

 
Whizard Academy for Mathematics & English Franchise
Engineering for Kids Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/No-/Yes
Start-up Costs No/No-/Yes
Equipment No/No-/Yes
Inventory No/No-/Yes
Receivables No/No-/Yes
Payroll No/No-/Yes

Training & Support

 
Whizard Academy for Mathematics & English Franchise
Engineering for Kids Franchise
Training -

We train you to be a successful Engineering for Kids director by requiring you to successfully complete our 3-day Engineering for Kids training at our corporate headquarters as well as a 2-Day On-Site teacher training at your location. We provide you with instruction and curriculum materials on all areas of operations, from a thorough review of the operations manual to hands-on classroom training.

Support -Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Field Operations Proprietary Software Franchisee Intranet Platform
Marketing -Ad Templates Regional Advertising Social media Website development Email marketing Loyalty program/app
Operations -Number of Employees Required to Run: 5 - 10

Expansion Plans

 
Whizard Academy for Mathematics & English Franchise
Engineering for Kids Franchise
US Expansion -Yes
Canada Expansion No-
International Expansion NoYes

Company Overviews

About Whizard Academy for Mathematics & English

We're a US company founded on the successful model of our affiliate Canadian company Academy for Mathematics & Science which utilizes an international product which has assisted thousands of students (just like yours) to develop their Mathematical, English and Science skills.

About Engineering for Kids

Engineering for Kids offers a suite of programs for children ages 4 to 14 introducing them to science, technology, engineering and math through a variety of workshops all aimed at developing problem solving skills. Programs include after school programs, evening classes, in-school field trips, workshops, birthday parties, home-school programs, scouts workshops, and pre-school programs.
In order to impact as many youth as possible, Engineering for Kids began franchising as a way to spread the program across the country. Engineering for Kids presents a low-barrier opportunity with room to grow, as the brand plans to add between 50-60 new locations in 2013. Our franchisees share Roberts' passion for the program, understanding the need for STEM education. An ideal Engineering for Kids franchisee is someone who is well connected in their community, a parent, or an individual who has a passion for educating children.

Veteran Incentives  10% off $22,500 (full-territory) franchise fee