Rank no.483 – The Mad Science Group – US

Products & Services: Science education and entertainment programs

Number of Locations: 158

Total Investment: $71.8K – 87.3K

Founded: 1985

Began Franchising: 1995

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.

Where Seeking Franchisees: Franchisor is seeking new franchise units worldwide.
Startup Costs, Ongoing Fees and Financing

Total Investment: $71,800 – $87,300
Franchise Fee: $23,500
Ongoing Royalty Fee: 8%
Term of Franchise Agreement: 25 years, renewable
FINANCIAL REQUIREMENTS
Liquid Cash Available: $23,500
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).
How This Franchise Supports Franchisees

Training: Available at headquarters: 5 days. At franchisee’s location: 5 days.
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations
Marketing Support: Co-op advertising, Regional advertising,
Franchise Ranking History

Franchise 500®: #483 (2013), #452 (2012),
Low-Cost: #93 (2013), #100 (2012),

Mad Science is a leading science enrichment provider.

We deliver unique, hands-on science experiences for children that are as entertaining as they are educational.

We have franchises located around the world, who bring science education to millions of children each year. Our innovative programs help kids learn about science through our fun after-school programs, preschool programs, in-class workshops, camps, birthday parties and special events.

Mad Science encourages scientific literacy in children in an age when science is as vital as reading, writing and arithmetic and we don’t stop there.

For over 25 years, we have invested in research and development and continue to do so. We believe in the importance of being at the forefront of our industry and continue to create hands-on science programming for kids.

Our approach to teaching science invites children to pursue STEM careers. We encourage parents, teachers and schools to contact a Mad Science location near you to find out more about services in your community.
Mad Science is on a mission to spark the imagination and curiosity of children by providing them with fun, interactive and educational programs that instill a clear understanding of what science is, and how it affects their world.
Mad Science brings kids the fun, the amazement and the wonder of all things science.
Source:http://www.madscience.org