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Mad Science Franchise In Vancouver Island For Sale

Victoria, British Columbia, Canada
Asking Price:
$70,000 (CAD) Inventory / Stock included
Sales Revenue:
$100K - $250K (CAD)
Cash Flow:
Not applicable

Mad Science offers educational, entertaining programs to elementary school aged children- K- Gr 6. We bring kids the fun, the amazement and the wonder of all things science. We are a NASA partner and hold a 2016 Guinness record.

Mad Science programs are developed and supported by an active franchise organization, that offers excellent support to its franchisees. The programs run wherever children & adults are gathered – from schools, to community centers, mall events, summer market days, business parties for families to individual parties people hold at home and many other.

Covid-19 pandemic interrupted our services but we continued delivering select programs even during the pandemic; it is the reason why you have the opportunity to buy this business for substantially lower price (bellow the cost of new franchise) with the guarantee that business will return possibly quite abruptly as the Covid measures are removed.

The Vancouver Island operation started in 2009. It received several awards in the franchise community for best performance and continues to grow. The current owner was managing the business while studying her PhD in science education; completing her degree she continues working in academia and with heavy heart has to pass the franchise to new hands.

Gross margins of the business are excellent, and through proper management the franchise yields returns in the range of 50 – 60 % of sales. Doing business on Vancouver Island, BC, Canada, there are several regions that await development and promise substantial additional growth.

You have the opportunity to step into ready and successful educational franchise. All equipment ready and contacts eager to bring Mad science back to their schools and communities!
All you need is good administrative and marketing skills!

Consider:
- positive cash-flow and immediate revenue
- equipment ready for the program classroom use
- database, inventory and trained instructors ready to support your success
- excellent franchise support community
- easy to deliver science content developed by the franchisor
- business aligned with the educational community
- business flexibility that supports working mom or dad

For more information, please contact us by using the form below.

Property Information

Location:

Operates the area of Vancouver Island, British Columbia, Canada
Expanded to programming online

Premises Details:

Mad Science programs are offered at client's location. All you will need is an office and storage area for the educational kits.

Business Operation

Expansion Potential:

Duncan, Nanaimo, Comox and Courtenay are the areas that await development. There is a lots of interest in those communities.

Competition / Market:

University of Victoria - Science Venture

Reasons for selling:

Owner completed PhD studies and continues working at the University. It became too difficult to fully support both areas of interest.
The indicated stock value includes the ready to use educational equipment boxes, science take-homes stock and other tools.

Employees:
Part time Office coordinator, on call Instructors
Years established:
10 years +

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

Franchise Transfer Fee: 10K, Royalties 8% revenue
Franchisor willing to cover the transfer fee for interested party if closing by the end of April 2022

Other Information

Support & training:

Franchisor provides in-depth training for new franchisees during "Discovery Days"; current owner will provide 2 weeks of training for the location and additional 2 weeks of phone/online support.

Financing available:

10K Vendor Loan (24 months, 6% annual interest)

Inventory / Stock value:
$38,000 (CAD) - included in the asking price
Website:
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Related Documents:
Home based:
This business can be run from home.
Relocatable:
This business can be relocated.

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