Mad Science Group, The
Yes, we actively support the inclusion and development of minority-owned franchises in the Mad Science Group, The system.
Mad Science Group, The
8360 Bougainville, # 201
Montreal, PQ H4P 2G1 CANADA
800#: (800) 586-5231 + 104
Tel: (514) 344-4181 + 104
Fax: (514) 344-6695
E-mail: joel@madscience.org
Web Site: www.madscience.org
Contact: Mr. Joel Lazarovitz, Sales/Marketing Coordinator
Your staff provides hands-on, interactive science shows for children ages 4-12. Turn kids onto science! Home based, profitable, rewarding.
Franchisor Background
Established: 1985
First Franchise: 1995
Franchise Units: 195
Company-Owned Units: 0
Total Units: 195
Distribution:
> North America -- Operations in 30 States, 8 Provinces
> States/Provinces with Greatest Density: 12 in CA, 10 in NJ, 4 in BC
Units Owned by Minorities:
>African-American:
>Hispanic:
>Asian-American:
>Native American:
>Other:
Average Number of Employees: 1 FT, 3-5 PT (FT = Full Time, PT = Part Time)
Space Needs: NR SF; HB
(for abbreviations click here)
Financial Requirements
Cash Investment: $10K
Total Investment: $55K
Average Total Investment: $55K
Minimum Net Worth: $23.5K
Fees
>Franchise: $23.5K
>Average Franchise Fee: $23K
>Royalty: 8%
>Advertising: 0%
Provide Earning Claim Statement: Yes
Terms of Contract
Term of Contract (Years): 10/5
Passive Ownership: Not Allowed
Area Development Agreements:No
Sub-Franchising Contracts: No
Expand In Territory:Yes
Franchisor Support and Training Provided
Site Selection Assistance:NA
Lease Negotiation Assistance: NA
Cooperative Advertising: NA
Franchisee Assoc. / Member: Yes/Yes
Size Of Corporate Staff: 30
On-Going Support: A,b,C,D,E,F,G,h,i (for an explanation click here)
Training: 5 Days in Montreal, PQ; 5 Days on Site.
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.: All United States
Note: NR = No Response by Franchisor.
For a sample questionnaire click here.
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