Franchise Deep Dive: Wize Computing Academy Franchise Costs, Fees, Profit and Data

LAST UPDATED: 2/2024

FRANCHISE WEBSITE: https://www.wizeacademy.com/franchise-info/ 

NUMBER OF LOCATIONS: 23

REPORTED COST TO GET IN: $40,000 to $70,000

REPORTED ROI (Item 19): N/A

Wize Computing Academy is a franchise that specializes in children's enrichment education, focusing on teaching skills related to computer programming and robotics. 

How Many Wize Computing Academy Locations Are There?

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 23 locations in seven states, as well as in Canada, India and the United Arab Emirates. 

What Is The Wize Computing Academy Business Model?

Wize Computing Academy provides high-quality instruction in robotics and computer programming facilitated by highly trained staff, both 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.

Key elements of the business model include: 

• Training and Support: Wize provides effective training for franchisees, including initial training and ongoing support. 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.
• Large Territories: Franchisees are provided with large territories, offering ample opportunities for growth and expansion within their designated areas.
• Flexible Learning Formats: Wize offers flexible learning formats, including both online and in-person sessions. This approach allows for greater reach beyond traditional brick-and-mortar locations and eliminates space limitations.
• Proven Curriculum: The academy offers a proven and continuously evolving project-based curriculum that is designed to foster critical thinking, logic, and reasoning skills in young learners.
• Multiple Revenue Streams: Franchisees have access to multiple revenue streams, including online sessions, after-school clubs, camps, one-on-one classes and partnerships with schools and other organizations.
• Low-Cost, Asset-Lite Business: The franchise model is designed to be low-cost and asset-lite, with an initial investment ranging from $40,000 to $70,000 (including a franchise fee of $32,500). This opens the doors to a wider range of potential franchisees.
• Ideal Candidates: The academy is seeking individuals with an entrepreneurial spirit, a passion for education and children, and a desire to give back to their communities. Ideal candidates include educators, transitioning professionals, executives and veterans.

How Much Can Wize Computing Academy Owners Make?

Earnings are not publicly available for Wize Computing Academy. 

How Much Does It Cost to Open a Wize Computing Academy Franchise?

The initial investment ranges from $40,000 to $70,000. 

What Is the Franchise Fee for Wize Computing Academy?

The franchise fee is $32,500. 

Who Are the Leaders of Wize Computing Academy?

• Vishan Bhasin - Co-Founder
• Venus Bhasin - Co-Founder

What Helpful Articles Can I Read to Learn More?

• Start a Wize Computing Academy Franchise in 2024
• Franchise Owner Testimonial
• Executive Q&A

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