Start-Up Costs and Fees |
||
| Kidcreate Studio | The Mad Science Group | |
| Investment | 108860 - 261350 | 74050 - 110459 |
| Franchise Fee | 0 | |
| Royalty Fee | 8% | 8% |
| Advertising Fee | 1% | |
| Year Founded | 2007 | 1985 |
| Year Franchised | 2016 | 1995 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Kidcreate Studio | The Mad Science Group | |
| Experience | Industry experience General business experience Marketing skills | |
Financing Options |
||
| Kidcreate Studio | The Mad Science Group | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Kidcreate Studio | The Mad Science Group | |
| Training | On-The-Job Training: 73 hours Classroom Training: 38 hours Additional Training: As needed | |
| Support | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations |
| Marketing | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | Co-op advertising, Regional advertising |
| Operations | Number of Employees Required to Run: 4 - 12 | 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) |
Expansion Plans |
||
| Kidcreate Studio | The Mad Science Group | |
| 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 | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Kidcreate Studio | |
| The Mad Science Group | |
| Franchise Fee | |
| Kidcreate Studio | |
| The Mad Science Group | |
| Royalty Fee | |
| Kidcreate Studio | 8% |
| The Mad Science Group | 8% |
| Advertising Fee | |
| Kidcreate Studio | 1% |
| The Mad Science Group | |
| Year Founded | |
| Kidcreate Studio | 2007 |
| The Mad Science Group | 1985 |
| Year Franchised | |
| Kidcreate Studio | 2016 |
| The Mad Science Group | 1995 |
| Term Of Agreement | |
| Kidcreate Studio | |
| The Mad Science Group | 25 years |
| Renewal Fee | |
| Kidcreate Studio | |
| The Mad Science Group | |
Business Experience Requirements |
|
| Experience | |
| Kidcreate Studio | |
| The Mad Science Group | Industry experience General business experience Marketing skills |
Financing Options |
|
| Franchise Fees | |
| Kidcreate Studio | |
| The Mad Science Group | |
| Start-up Costs | |
| Kidcreate Studio | |
| The Mad Science Group | |
| Equipment | |
| Kidcreate Studio} | |
| The Mad Science Group | |
| Inventory | |
| Kidcreate Studio | |
| The Mad Science Group | |
| Receivables | |
| Kidcreate Studio | |
| The Mad Science Group | |
| Payroll | |
| Kidcreate Studio | |
| The Mad Science Group | |
Training & Support |
|
| Training | |
| Kidcreate Studio | On-The-Job Training: 73 hours Classroom Training: 38 hours Additional Training: As needed |
| The Mad Science Group | |
| Support | |
| Kidcreate Studio | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| The Mad Science Group | Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations |
| Marketing | |
| Kidcreate Studio | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| The Mad Science Group | Co-op advertising, Regional advertising |
| Operations | |
| Kidcreate Studio | Number of Employees Required to Run: 4 - 12 |
| The Mad Science Group | 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) |
Expansion Plans |
|
| US Expansion | |
| Kidcreate Studio | 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 |
| The Mad Science Group | |
| Canada Expansion | |
| Kidcreate Studio | |
| The Mad Science Group | |
| International Expansion | |
| Kidcreate Studio | |
| The Mad Science Group | |