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LAST UPDATED: August 2024FRANCHISE WEBSITE:&nbsp;<a href="https://www.madscience.org/opportunities?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-mad-science-franchise-costs-fees-profit-and-data-2726998" target="_blank" rel="nofollow">https://www.madscience.org/opportunities</a>NUMBER OF LOCATIONS: 150+REPORTED COST TO GET IN: $108,650 - $307,459REPORTED ROI (Item 19): N/A<a href="https://www.madscience.org/opportunities?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-mad-science-franchise-costs-fees-profit-and-data-2726998" target="_blank" rel="nofollow">Mad Science</a> is a&nbsp;<a href="https://1851franchise.com/nolimitagency/mad-science-is-on-a-mission-to-spark-the-imagination-and-curiosity-of-children-2708551#stories">leading STEM (science, technology, engineering and mathematics) enrichment franchise</a> that offers a wide range of engaging and educational programs designed to spark children's curiosity and interest in science. With a focus on delivering interactive and hands-on experiences, Mad Science provides in-school workshops, after-school programs, summer camps and special events that cover various scientific topics. The brand’s programs are tailored to make learning fun and accessible, using experiments and activities that encourage children to explore the wonders of science. By fostering a love for science at an early age, Mad Science aims to inspire the next generation of scientists, engineers and innovators.<h3>How Many Mad Science Locations Are There?</h3>Mad Science was founded in 1985 in Montreal, Canada, by brothers&nbsp;<a href="https://www.linkedin.com/in/surefirecapital/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-mad-science-franchise-costs-fees-profit-and-data-2726998" target="_blank" rel="nofollow">Ariel</a> and&nbsp;<a href="https://www.linkedin.com/in/ron-shlien-m-s-m-56413a15/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-mad-science-franchise-costs-fees-profit-and-data-2726998" target="_blank" rel="nofollow">Ron Shlien</a>. Initially, the Shlien brothers began by creating science-based birthday parties for children, which quickly gained popularity due to their engaging and educational nature. Recognizing the potential for a larger impact, they expanded their offerings to include workshops and camps.&nbsp;Mad Science started franchising in 1995, allowing the company to grow internationally and bring its innovative science programs to children across the globe. The company currently has more than 150 locations in over 20 countries.<h3>What Is Mad Science’s Business Model?</h3>Mad Science operates through a franchise business model that enables passionate entrepreneurs to bring their innovative science education programs to communities worldwide. The company's model includes offering franchisees a comprehensive support system that includes extensive training and ongoing operational assistance, along with marketing resources. Franchisees have access to a robust curriculum and a variety of science-themed programs — workshops, camps, and parties — designed to captivate and educate children.&nbsp;<h3>How Much Can Mad Science Franchise Owners Make?</h3>Mad Science does not publicly disclose information about the financial performance of its franchises.<h3>How Much Does It Cost To Open a Mad Science Franchise?</h3>The initial investment required to open a Mad Science location ranges from $108,650 to $307,459. The costs break down as follows:<figure class="table"><table><tbody><tr><td>Type of Expenditure</td><td>Min</td><td>Max</td></tr><tr><td>Franchise &nbsp;Application Fee</td><td>$1,000</td><td>$1,000</td></tr><tr><td>Initial Franchise Fee</td><td>$25,000</td><td>$45,000</td></tr><tr><td>Equipment Package</td><td>$28,000</td><td>$28,000</td></tr><tr><td>Lease &amp; Leasehold Improvements</td><td>$33,600</td><td>$176,000</td></tr><tr><td>SchoolHouse Chess Program Fee</td><td>$0</td><td>$10,000</td></tr><tr><td>SchoolHouse Chess Program Equipment</td><td>$0</td><td>$5,000</td></tr><tr><td>Brixology Program Equipment</td><td>$0</td><td>$5,159</td></tr><tr><td>Insurance</td><td>$2,000</td><td>$3,500</td></tr><tr><td>Local Advertising</td><td>$250</td><td>$1,000</td></tr><tr><td>Office Equipment &amp; Supplies</td><td>$3,000</td><td>$6,000</td></tr><tr><td>Deposits &amp; Prepaid Expenses</td><td>$1,000</td><td>$2,500</td></tr><tr><td>Legal &amp; Accounting/Bookkeeping Fees</td><td>$1,000</td><td>$3,500</td></tr><tr><td>Additional Funds (3 Months)</td><td>$13,800</td><td>$20,800</td></tr></tbody></table></figure><h3>What Is the Franchise Fee for Mad Science?</h3>The initial franchise fee is based on the territory population.<ul><li>The fee for a&nbsp;standard territory (up to 1,500,000 people) is $25,000.</li><li>The fee for a&nbsp;medium territory (1,500,001 – 2,250,000 people) is $35,000.</li><li>The fee for a&nbsp;large territory (2,250,001 – 3,000,000 people) is $45,000.</li></ul><h3>Who Is on Mad Science’s Leadership Team?</h3><ul><li><a href="https://www.linkedin.com/in/surefirecapital/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-mad-science-franchise-costs-fees-profit-and-data-2726998" target="_blank" rel="nofollow">Ariel Shlien — CEO and Director</a></li><li><a href="https://www.linkedin.com/in/shafik-mina-1796566/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-mad-science-franchise-costs-fees-profit-and-data-2726998" target="_blank" rel="nofollow">Shafik Mina — President, Director and In-House Counsel</a></li><li><a href="https://www.linkedin.com/in/ron-shlien-m-s-m-56413a15/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-mad-science-franchise-costs-fees-profit-and-data-2726998" target="_blank" rel="nofollow">Ron Shlien — Chief Innovation Officer</a></li><li><a href="https://www.linkedin.com/in/sharon-king-44470416/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-mad-science-franchise-costs-fees-profit-and-data-2726998" target="_blank" rel="nofollow">Sharon King — Vice President of Research &amp; Development/Operations</a></li></ul><h3>What Helpful Articles Can I Read To Learn More About Mad Science?</h3><ul><li><a href="https://www.franchising.com/news/20211130_mad_science_to_continue_innovating_stem_education_in_2022.html?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-mad-science-franchise-costs-fees-profit-and-data-2726998" target="_blank" rel="nofollow">Mad Science to Continue Innovating STEM Education in 2022</a></li><li><a href="https://www.12onyourside.com/2020/01/15/miss-america-camille-schrier-returns-richmond-part-nationwide-tour/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-mad-science-franchise-costs-fees-profit-and-data-2726998" target="_blank" rel="nofollow">Miss America Camille Schrier Returns to Richmond as Part of Nationwide Tour</a></li><li><a href="https://globalnews.ca/video/7173827/marking-35-years-of-mad-science?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-mad-science-franchise-costs-fees-profit-and-data-2726998" target="_blank" rel="nofollow">Marking 35 Years of Mad Science (Video)</a></li><li><a href="https://www.franchising.com/news/20190128_the_art_of_success__mad_sciencereg_and_crayolareg_.html?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-mad-science-franchise-costs-fees-profit-and-data-2726998" target="_blank" rel="nofollow">The Art of Success — Mad Science and Crayola Partner to Launch New Franchise Concept Designed to Deliver Children’s After-School Art Enrichment</a></li></ul>Want to learn more about franchise opportunities on 1851 Franchise? Be sure to visit our&nbsp;<a href="https://1851franchise.com/power-rankings">Power Rankings</a> to read more on brands making moves.&nbsp;Check out these three 1851 brands:<h4><a href="https://funtastiklabs.com/franchise/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-mad-science-franchise-costs-fees-profit-and-data-2726998" target="_blank" rel="nofollow">Funtastik Labs</a></h4><ul><li><a href="https://1851franchise.com/funtastik-labs/info">Franchise Development Page</a></li><li>Number of Open Locations: 2</li><li>Investment Range: $257,250 - $352,250</li></ul><h4><a href="https://franchise.idealabkids.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-mad-science-franchise-costs-fees-profit-and-data-2726998" target="_blank" rel="nofollow">IDEA Labs Kids</a></h4><ul><li><a href="https://1851franchise.com/lyricoslearning/info">Franchise Development Page</a></li><li>Number of Open Locations: 15</li><li>Investment Range: $163,000 - $465,000</li></ul><h4><a href="https://mathnasiumfranchise.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-mad-science-franchise-costs-fees-profit-and-data-2726998" target="_blank" rel="nofollow">Mathnasium*</a></h4><ul><li><a href="https://1851franchise.com/mathnasium/info">Franchise Development Page</a></li><li>Number of Open Locations: 1,100+</li><li>Investment Range: $112,936 - $149,616</li></ul>Every great franchisee had help buying a franchise. Want to learn more about how 1851 helps franchisees find the right franchise opportunity? Visit&nbsp;<a href="https://www.1851growthclub.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-mad-science-franchise-costs-fees-profit-and-data-2726998" target="_blank" rel="nofollow">www.1851growthclub.com</a> and start your journey.Disclaimer: This content is for informational purposes only. You should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained on this site constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any franchises, securities, or other financial instruments in this or in any other jurisdiction in which such solicitation or offer would be unlawful under the franchise and/or securities laws of such jurisdiction.&nbsp;All content in this article is information of a general nature and does not address the detailed circumstances of any particular individual or entity. Nothing in the article constitutes professional and/or financial advice, nor does any information in the email constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. You alone assume the sole responsibility of evaluating the merits and risks associated with the use of any information or other content in this article before making any decisions based on such information or other content.

Mad Science Franchise - Deep Dive - 1851 Franchise

Mad Science Franchise Costs, Fees, Profit and Data – 1851 Deep Dive

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Mad Science, a leading STEM enrichment franchise founded in 1985, offers engaging, hands-on science programs for children through 150+ locations in 20+ countries.

Franchise Deep Dive: Mad Science Franchise Costs, Fees, Profit and Data

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