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

LAST UPDATED: August 2024

FRANCHISE WEBSITE: https://www.madscience.org/opportunities

NUMBER OF LOCATIONS: 150+

REPORTED COST TO GET IN: $108,650 - $307,459

REPORTED ROI (Item 19): N/A

Mad Science is a leading STEM (science, technology, engineering and mathematics) enrichment franchise 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.

How Many Mad Science Locations Are There?

Mad Science was founded in 1985 in Montreal, Canada, by brothers Ariel and Ron Shlien. 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. 

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.

What Is Mad Science’s Business Model?

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. 

How Much Can Mad Science Franchise Owners Make?

Mad Science does not publicly disclose information about the financial performance of its franchises.

How Much Does It Cost To Open a Mad Science Franchise?

The initial investment required to open a Mad Science location ranges from $108,650 to $307,459. The costs break down as follows:

• Franchise Application Fee: $1,000
• Initial Franchise Fee: $25,000 - $45,000
• Equipment Package: $28,000
• Lease and Leasehold Improvements: $33,600 - $176,000
• SchoolHouse Chess Program Fee: $0 - $10,000
• SchoolHouse Chess Program Equipment: $0 - $5,000
• Brixology Program Equipment: $0 - $5,159
• Insurance: $2,000 - $3,500
• Local Advertising: $250 - $1,000
• Office Equipment/Supplies: $3,000 - $6,000
• Deposits and Prepaid Expenses: $1,000 - $2,500
• Legal and Accounting/Bookkeeping Fees: $1,000 - $3,500
• Additional Funds (3 Months): $13,800 - $20,800

What Is the Franchise Fee for Mad Science?

The initial franchise fee is based on the territory population.

• The fee for a standard territory (up to 1,500,000 people) is $25,000.
• The fee for a medium territory (1,500,001 – 2,250,000 people) is $35,000.
• The fee for a large territory (2,250,001 – 3,000,000 people) is $45,000.

Who Is on Mad Science’s Leadership Team?

• Ariel Shlien — CEO and Director
• Shafik Mina — President, Director and In-House Counsel
• Ron Shlien — Chief Innovation Officer
• Sharon King — Vice President of Research & Development/Operations

What Helpful Articles Can I Read To Learn More About Mad Science?

• Mad Science to Continue Innovating STEM Education in 2022
• Miss America Camille Schrier Returns to Richmond as Part of Nationwide Tour
• Marking 35 Years of Mad Science (Video)
• The Art of Success — Mad Science and Crayola Partner to Launch New Franchise Concept Designed to Deliver Children’s After-School Art Enrichment

Want to learn more about franchise opportunities on 1851 Franchise? Be sure to visit our Power Rankings to read more on brands making moves. 

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