- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$113K - $313K
- Units as of 2023
-
118 3% over 3 years
Company Overview
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.
About Mad Science
Industry | Children's Businesses |
---|---|
Related Categories | Children's Enrichment Programs: STEM, Children's Enrichment Programs: Miscellaneous, Miscellaneous Children's Businesses, Tutoring, Children's Education/Enrichment |
Founded | 1985 |
Parent Company | 2inspire |
Leadership | Ariel Shlien, CEO |
Corporate Address |
8360 Bougainville St., #201 Montreal, QC H4P 2G1 |
Social | Facebook, Twitter, LinkedIn, Instagram, YouTube, TikTok |
Business Overview
Franchising Since | 1995 (29 years) |
---|---|
# of employees at HQ | 27 |
Where seeking |
This company is offering new franchises worldwide. This company is offering new franchises in the following US states: Arizona, California, Colorado, Connecticut, Delaware, Florida, Illinois, Kansas, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, North Carolina, New Hampshire, New Jersey, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, Texas, Utah, Virginia, Washington, Wisconsin |
# of Units | 118 (as of 2023) |
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Mad Science franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
Initial Franchise Fee
|
$3,000 - $50,000 |
---|---|
Initial Investment
|
$113,331 - $312,959 |
Royalty Fee
|
8% |
Ad Royalty Fee
|
2% |
Term of Agreement
|
10 years |
Is franchise term renewable? | Yes |
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
Classroom Training | 20-30 hours |
---|---|
Ongoing Support |
Newsletter
Meetings & Conventions
Grand Opening
Online Support
Security & Safety Procedures
Field Operations
Proprietary Software
Franchisee Intranet Platform
|
Marketing Support |
Ad Templates
Social Media
SEO
Website Development
Email Marketing
|
Operations
Additional details about running this franchise.
Is absentee ownership allowed? | No |
---|---|
Can this franchise be run from home/mobile unit?
|
No |
Can this franchise be run part time?
|
No |
# of employees required to run | 3-30 |
Are exclusive territories available?
|
No |
Franchise 500 Ranking History
Compare where Mad Science landed on this year's Franchise 500 Ranking versus previous years.
Sign Up for Our Franchise Newsletter
Stay up to date on the latest news and trends affecting the franchise industry.
Related Franchises
Are you eager to see what else is out there? Browse franchises that are similar to Mad Science.
Related Franchise Content
Catch up on the latest franchise news, trends, and more.
McDonald's Is Extending Its $5 Meal Deal in Most of the U.S. — Get the Details Here
The $5 deal, created in response to a demand for value from inflation-strapped consumers, was initially planned for a four-week run.
McDonald's is About to Bring Back a Beloved Menu Item — Here's What You Need to Know
A new test run indicates that the popular Snack Wraps — off the U.S. menu since 2016 — may return soon.
Join the #1 Breakfast Franchise with Eggs Up Grill!
Eggs Up Grill has a talented executive team focused on driving the strategic growth of the brand. They provide franchisees access to open territories, the ability to diversify a portfolio, and is a brand with demonstrable growth.
In a 'Landmark Victory' for Franchises, NLRB Drops Expanded Joint Employer Appeal — Here's What it Means for Businesses
The attempt to implement the expanded Joint Employer Rule is "finally finished" in a win for the IFA-led coalition and for franchises across the U.S.
4 Things I Wish I Knew Before Starting My Franchise Journey
Discover key insights about franchise ownership by understanding these four learned lessons from a seasoned franchise owner and consultant.
Four Takeaways for the Franchise Industry From My Time at the Republican National Convention
Matt Haller, President and CEO of the IFA, says the stakes are high for franchisors and franchisees in the upcoming presidential election.