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Franchise Opportunity Deep Dive: Wize Computing Academy specializes in children's enrichment education, focusing on teaching skills related to computer programming and robotics.
Wize Computing Academy provides high-quality instruction in robotics and computer programming delivered by highly trained staff in classroom settings and online. The franchise offers one-on-one attention from its qualified instructors and a curriculum that aligns with K-12 computer science standards. Wize embraces a holistic learning system that encompasses critical thinking, team-building, project management, and confidence in making presentations to large audiences.
Co-founded in 2015 by Vishal and Venus Bhasin, Wize Computing Academy provides science, technology, engineering, arts and mathematics (STEAM) educational services in pre-school, elementary and middle schools. The company began offering franchise opportunities in 2018; today, there are 26 locations worldwide.
Mission: To provide high-quality science, technology, engineering, arts and mathematics education that bridges the gap between curiosity and career readiness for students.
Vision: To empower children of all ages with critical thinking and technical skills through a holistic, flexible learning system accessible both in-person and online.
Wize does not publish specific target markets. Fill out the form on the franchise development website to connect with the team and explore potential opportunities in your market.
Initial Costs: The estimated initial investment required to begin operation of a Wize Computing Academy franchise ranges from $47,000 to $78,000. The 2024 Franchise Disclosure Document (FDD) breaks these costs down as follows:
| Type of Expenditure | Min | Max |
| Initial Franchise Fee | $38,500 | $38,500 |
| Travel & Living Expenses while Training | $500 | $2,500 |
| Rent | $0 | $750 |
| Leasehold Improvements | $0 | $500 |
| Labor (Pre-Opening) | $0 | $1,000 |
| Computers, Software & Robotic Equipment | $5,000 | $9,000 |
| Office Furniture, Fixtures & Equipment | $0 | $2,500 |
| Legal, Accounting & Insurance | $1,000 | $3,000 |
| Inventory of Supplies | $250 | $750 |
| Grand Opening Promotion | $500 | $2,500 |
| Miscellaneous Opening Costs | $250 | $2,000 |
| Additional Funds (3 Months) | $1,000 | $15,000 |
Initial Franchise Fee: Wize Computing Academy assesses a $38,500 franchise fee, due upon the signing of the franchise agreement. Qualified veterans are eligible for a 20% discount on this fee.
Ongoing Fees: According to the 2024 FDD, Wize Computing Academy franchisees are responsible for the following ongoing payments and fees:
| Type of Fee | Amount |
| Royalty | 8% of total gross receipts on the first $250,000 annually; 7% on the next $250,000; and 6% on all receipts in excess of $500,000 each year |
| Advertising Fee | Up to 2% of gross receipts per year |
| Local Advertising | 2% of gross receipts |
| Software Support | Up to $150/month |
ROI Potential: According to the 2024 FDD, the 10 U.S. franchisees open for the entirety of 2023 reported the following gross receipts:
Average | Median | High | Low |
$111,612 | $58,118 | $279,378 | $36,784 |
Wize provides assistance in setting up the academy and offers two to five days of training to ensure franchisees are prepared for opening. This training may be conducted online or with video class sessions.
Wize provides initial training and ongoing support for franchisees. This includes assistance in setting up and running the academy, as well as continuous training to keep franchisees updated with the latest curriculum and teaching methods.
Wize provides ongoing training to keep franchisees updated on the latest curriculum and teaching methods. Owners have access to ongoing operational guidance and participate in systemwide initiatives, including the marketing fund.
Wize franchisees use technology to conduct classes on a regular basis and have access to digital learning platforms and software support to facilitate online sessions.
Wize highlights its ideal candidates as those who have an entrepreneurial spirit, are passionate about education and want to give back. The brand welcomes educators, executives, transitioning professionals and veterans to its system.
Wize has a flexible operational model. Franchisees are not required to personally supervise daily operations but must have a designated manager who has satisfactorily completed Wize’s training program.
Wize offers financing to franchisees who have previously been teachers, teaching assistants, partners or customers of the brand.
Wize highlights the journey of Tanu and Rahul Mittal, successful multi-unit owners. See their full story here.
The U.S. early childhood education market was valued at nearly $20 billion in 2024 and grew at a compound annual growth rate of 5.8% from 2019 to 2024. As parents continue to emphasize their kids’ development and education, the industry is expected to steadily expand.
Wize’s in-person and digital learning model, as well as its age-appropriate programming, set it apart from other childhood education franchises. In the education space, its primary competitors are Mathnasium*, Sylvan Learning, Code Ninjas and iCode. It may also compete with child enrichment brands like The Little Gym and KidStrong.
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