Start-Up Costs and Fees |
||
| Kiddie Academy | Mad Science | |
| Investment | 345000 - 5605000 | 30000 - 70000 |
| Franchise Fee | 0 | |
| Royalty Fee | 7% | |
| Advertising Fee | 2% | |
| Year Founded | 1981 | 1985 |
| Year Franchised | 1992 | 1995 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Kiddie Academy | Mad Science | |
| Experience | People and management skills | |
Financing Options |
||
| Kiddie Academy | Mad Science | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Kiddie Academy | Mad Science | |
| Training | Classroom Training: 80 hours Additional Training: Online training | |
| Support | Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | |
| Marketing | Ad slicks, Regional advertising, Website, Web Advertising | |
| Operations | 15% of all franchisees own more than one unit Number of employees needed to run franchised unit: 20 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Kiddie Academy | Mad Science | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Kiddie Academy | |
| Mad Science | |
| Franchise Fee | |
| Kiddie Academy | |
| Mad Science | |
| Royalty Fee | |
| Kiddie Academy | 7% |
| Mad Science | |
| Advertising Fee | |
| Kiddie Academy | 2% |
| Mad Science | |
| Year Founded | |
| Kiddie Academy | 1981 |
| Mad Science | 1985 |
| Year Franchised | |
| Kiddie Academy | 1992 |
| Mad Science | 1995 |
| Term Of Agreement | |
| Kiddie Academy | 15 years |
| Mad Science | |
| Renewal Fee | |
| Kiddie Academy | Varies |
| Mad Science | |
Business Experience Requirements |
|
| Experience | |
| Kiddie Academy | People and management skills |
| Mad Science | |
Financing Options |
|
| Franchise Fees | |
| Kiddie Academy | No |
| Mad Science | No |
| Start-up Costs | |
| Kiddie Academy | |
| Mad Science | |
| Equipment | |
| Kiddie Academy} | |
| Mad Science | |
| Inventory | |
| Kiddie Academy | |
| Mad Science | |
| Receivables | |
| Kiddie Academy | |
| Mad Science | |
| Payroll | |
| Kiddie Academy | |
| Mad Science | |
Training & Support |
|
| Training | |
| Kiddie Academy | Classroom Training: 80 hours Additional Training: Online training |
| Mad Science | |
| Support | |
| Kiddie Academy | Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Mad Science | |
| Marketing | |
| Kiddie Academy | Ad slicks, Regional advertising, Website, Web Advertising |
| Mad Science | |
| Operations | |
| Kiddie Academy | 15% of all franchisees own more than one unit Number of employees needed to run franchised unit: 20 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
| Mad Science | |
Expansion Plans |
|
| US Expansion | |
| Kiddie Academy | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Mad Science | |
| Canada Expansion | |
| Kiddie Academy | |
| Mad Science | 0 |
| International Expansion | |
| Kiddie Academy | |
| Mad Science | |