Academy for Mathematics & Science
Yes, we actively support the inclusion and development of minority-owned franchises in the Academy for Mathematics & Science system.
Academy for Mathematics & Science
30 Glen Cameron Rd., # 200
Thornhill, ON L3T 1N7 CANADA
800#: (800) 809-5555
Tel: (905) 709-3233
Fax: (905) 709-3045
E-mail: balti@acadfor.com
Web Site: www.acadfor.com
Contact: Mr. Balti Sauer, President/CEO
Licensees provide math, science, English and computer tutoring to school age children from kindergarten to the end of high school. Individualized, self-paced learning is provided in learning centers located in major malls, using a unique audio-visual learning program.
Franchisor Background
Established: 1992
First Franchise: 1993
Franchise Units: 48
Company-Owned Units: 4
Total Units: 52
Distribution:
> North America -- Operations in 2 States, 4 Provinces
> States/Provinces with Greatest Density: 29 in ON, 6 in BC, 5 in AB
Units Owned by Minorities:
>African-American:
>Hispanic:
>Asian-American: 15
>Native American:
>Other:
Average Number of Employees: 2 FT, 6 PT (FT = Full Time, PT = Part Time)
Space Needs: 1,000 SF; SC, RM
(for abbreviations click here)
Financial Requirements
Cash Investment: $100-130K
Total Investment: $100-130K
Average Total Investment: $110K
Minimum Net Worth: $NA
Fees
>Franchise: $35K
>Average Franchise Fee: $35K
>Royalty: 10-12%
>Advertising: 2%
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 5/5
Passive Ownership: Not Allowed
Area Development Agreements:Yes/10
Sub-Franchising Contracts: Yes
Expand In Territory:Yes
Franchisor Support and Training Provided
Site Selection Assistance:Yes
Lease Negotiation Assistance: Yes
Cooperative Advertising: Yes
Franchisee Assoc. / Member: Yes
Size Of Corporate Staff: 14
On-Going Support: C,D,E,G,H,I (for an explanation click here)
Training: 2 Weeks Corporate Office; 1 Week Training Center.
Specific Minority Program(s) in Place: Although we strongly support the objectives of the NMFI, we do not yet have any specific programs in place at this time.
Franchisor's Specific Expansion Plans
U.S.: In Progress
Note: NR = No Response by Franchisor.
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