Whizard Academy for Mathematics & English
At a Glance
Products & Services: Tutorial/enrichment programs in mathematics & language arts
Number of Locations: 47
Total Investment: $150K - 180K
Founded: 1993
Began Franchising: 1993
Private Owned
Franchise Units
| Year | U.S. | Canadian | International | Company Owned |
| 2008 | 12 | 35 | 0 | 0 |
Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S. and Canada.
Startup Costs, Ongoing Fees and Financing
Total Investment: $150,000 - $180,000
Franchise Fee: $38,000
Ongoing Royalty Fee: 10%
Term of Franchise Agreement: Term of agreement not renewable
Franchise Fee: $38,000
Ongoing Royalty Fee: 10%
Term of Franchise Agreement: Term of agreement not renewable
Financial Requirements
Net Worth: $250,000
Liquid Cash Available: $150,000
How This Franchise Supports Franchisees
Training: Available at headquarters: 3 weeks. At franchisee's location: 1 week.
Ongoing Support: Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations,
Marketing Support: Co-op advertising, Ad slicks, Regional advertising,