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Spirit of Math
Spirit of Math provides a unique opportunity for you to offer a proven system of after-school math classes designed especially for high-performing students. It is not a tutoring program. Students come once a week from September to June and are taught in a classroom setting by highly qualified teachers using proprietary curriculum. Advanced Thinking, Academic Excellence, Award Winning Program. A franchise opportunity that really adds up!
Franchisor Background
Year Established:
1993
Franchising Since:
2006
CFA Member
Operating Units:
Franchised Units:
10
50%
Company-Owned Units:
10
50%
______
_____
Total Operating Units:
20
100%
Geographic Distribution:
U.S.:
1
5%
In 1 States
Canada:
19
95%
In 3 Canadian Provinces
International:
0
0%
In 0 Foreign Countries
______
_____
Total:
20
100%
North America:
States/Provinces with the largest number of operating units:
Density
Units
1. Ontario
16
2. Manitoba
2
3. New Jersey
1
Registered in Following Registration States:
Florida, New York, Rhode Island
Financial Requirements
Investment:
Minimum Net Worth:
$200K
Cash Investment:
$32-80K
Total Investment:
$varies
Average Total Investment:
$80K
Fees:
Initial Franchise Fee:
$35K
Average Franchise Fee:
$35K
On-Going Royalty:
9%
Average Royalty:
9%
Advertising Fee:
1%
Average Number of Employees:
0 Full-time, 4 Part-time
Space Needs (in square footage):
1600 - 2100
Preferred Sites:
Other Sites:
Community Centres, Retail Space, Churches
Encourage Conversions?
No
Earnings Claims Provided?
No
Listed in the SBA Registry?
No
Support and Training
International Franchise Association:
No
Canadian Franchise Association:
Yes
Franchisee Association/Member:
No
Size of Corporate Staff:
40
Site Selection Assistance?
Yes
Lease Negotiation Assistance?
Yes
Financial Assistance?
No
Marketing Support:
Co-Op Advertising:
No
National Advertising:
No
Regional Advertising:
No
Local Advertising:
No
Marketing Materials:
Ad Slicks, Brochures, Direct Mailers, Emails, Promotional Items
