
Nutty Scientists
Science enrichment and entertainment programs- 2021 Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$35K - $187K
- Units as of 2019
-
252 3.7% over 3 years
Company Overview
About Nutty Scientists
- Industry
- Children's Businesses
- Related Categories
- Children's Enrichment Programs: Miscellaneous, Tutoring, Miscellaneous Children's Businesses
- Founded
- 1996
- Leadership
- Santiago Martin, CEO
Franchising Overview
- Franchising Since
- 1997 (24 years)
- # of employees at HQ
- 20
- Where seeking
-
This company is seeking new franchisees throughout the US.
This company is seeking new franchisees worldwide.
- # of Units
- 252 (as of 2019)
Franchisor Information
Information for Franchisees
Here’s what you need to know if you’re interested in opening a Nutty Scientists 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
- $28,000
- Initial Investment
- $35,000 - $187,100
- Net Worth Requirement
- $40,000
- Cash Requirement
- $35,000
- Veteran Incentives
- 15% off franchise fee
- Royalty Fee
- 6%
- Term of Agreement
- 10 years
- Is franchise term renewable?
- Yes
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
- In-House Financing
- Nutty Scientists offers in-house financing to cover the following: inventory
- Third Party Financing
- Nutty Scientists has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
- On-The-Job Training
- 40 hours
- Classroom Training
- 20 hours
- Ongoing Support
-
Purchasing Co-opsNewsletterMeetings & ConventionsGrand OpeningOnline SupportSecurity & Safety ProceduresField OperationsProprietary SoftwareFranchisee Intranet Platform
- Marketing Support
-
Co-op AdvertisingAd TemplatesNational MediaRegional AdvertisingSocial MediaWebsite DevelopmentEmail Marketing
Operations
Additional details about running this franchise.
- Is absentee ownership allowed?
- No
- Can this franchise be run from home/mobile unit?
- Yes
- Can this franchise be run part time?
- No
- # of employees required to run
- 1
- Are exclusive territories available?
- Yes
Franchise 500 Ranking History
Compare where Nutty Scientists landed on this year’s Franchise 500 Ranking versus previous years.
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