Business Description

Licensees provide math, science, English and computer tutoring to school age children from kindergarten to the end of high school. Individualized, self-paced learning is provided in learning centers located in major malls, using a unique audio-visual learning program.

Franchisor Background

Year Established:  1993

Franchising Since:  1993

Operating Units:
Franchised Units:	51	96.2%
Company-Owned Units:	2	3.8%
Total Operating Units:	53	100.0%
Geographic Distribution: U.S.: 13 24.5% In 0 States Canada: 40 75.5% In 3 Canadian Provinces International: 0 0% In 0 Foreign Countries   Total: 53 100.0%

North America:
States/Provinces with the largest number of operating units:

Density	Units
1. Alberta	5
2. British Columbia	6
3. Ontario	29

Registered in Following Registration States: Alberta

Financial Requirements

Investment:
Minimum Net Worth:	$NA
Cash Investment:	$70-100K
Total Investment:	$120-140K
Average Total Investment:	$130K
Fees:
Initial Franchise Fee:	$35K
Average Franchise Fee:	$35K
On-Going Royalty:	10-12%
Average Royalty:	11%
Advertising Fee:	2%

Average Number of Employees: 2 Full-time, 6 Part-time

Space Needs (in square footage): 1,000

Preferred Sites: Strip Center, Regional Mall

Other Sites:

Encourage Conversions? Not Applicable

Earnings Claims Provided?: No

Franchisee Qualifications
Ranked from 1 (unimportant) to 5 (important):
Financial Net Worth:	2
General Business Experience:	3
Specific Industry Experience:	1
Formal Education:	4
Psychological Profile:	1
Personal Interview(s):	5
Terms of Contract
Term of Initial Contract:	5 Year(s)
Term of Renewal Period:	5 Year(s)
Passive Ownership:	Not Allowed
Area Development Agreements?	Yes, for 1 Year(s)
Sub-Franchising Contracts?	Yes
Franchisees Allowed to Expand Within Territory?	Yes
Support and Training
International Franchise Association:	No
Canadian Franchise Association:	Yes
Franchisee Association/Member:	Yes, Member
Size of Corporate Staff:	14
Site Selection Assistance?	Yes
Lease Negotiation Assistance?	Yes
Financial Assistance?	Yes, Direct
Marketing Support:
Co-Op Advertising:	No
National Advertising:	No
Regional Advertising:	No
Local Advertising:	No
Marketing Materials:	None Specified
Additional Services:	None Specified
Other Marketing Support:	None Specified
On-Going Support:
Central Data Processing:	Not Applicable
Central Purchasing:	Not Applicable
Field Operation Evaluation:	Included in Fees
Field Training:	Included in Fees
Initial Store Opening:	Included in Fees
Inventory Control:	Not Applicable
Franchisee Newsletter:	Included in Fees
Regional or National Meetings:	Included in Fees
800 Telephone Hotline:	Included in Fees
Training:
1. Corporate Office	2 Weeks
2. Training Center	1 Week
Expansion Plans
Projected New Units Over Next 12 months: 6 U.S.: Yes, In Progress Canada: Yes, All Canada Overseas: Yes, All Countries	Request Franchisor Info   Submit an online form to receive information from Academy for Mathematics & Science.