Academy for Mathematics & Science
Academy for Mathematics & Science
30 Glen Cameron Rd., # 200
Thornhill, ON L3T 1N7 CANADA
800#: (800) 809-5555
Tel: (905) 709-3233
Fax: (905) 709-3045
E-Mail: [email protected]
Web Site: www.acadfor.com
Contact: Mr. Balti Sauer, President/CEO
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
Established: 1992
First Franchise: 1993
Franchise Units: 48
Company-Owned Units: 4
Total Units: 52
Distribution:
U.S. -- 0;
Canada -- 46;
International -- 0
-North America -- Operations in 3 Provinces
-States/Provinces with Greatest Density: 29 in ON, 6 in BC, 5 in AB
Projected New Units Over Next 12 months: 6
Franchisee Qualifications: 2, 3, 1, 4, 1, 5
(Click here for an explanation)
Registered in Following Registration States: AB (Click here for an explanation)
Average Number of Employees: 2 FT, 6 PT (FT = Full Time, PT = Part Time)
Space Needs: 1,000 SF; SC, RM
(Click here for abbreviations)
Encourage Conversion: NA
Financial Requirements
Cash Investment: $100-130K
Total Investment: $100-130K
Average Total Investment: $110.0K
Minimum Net Worth: $NA
Fees:
-Franchise: $35K
-Average Franchise Fee: $35.0K
-Royalty: 10-12%
-Average Royalty: 11.0%
-Advertising: 2%
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 5/5
Passive Ownership: Not Allowed
Area Development Agreements: Yes/10
Sub-Franchising Contracts: Yes
Expand In Territory: Yes
Franchisor Support and Training Provided
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Financial Assistance: Yes(I)
Cooperative Advertising: Yes
International Franchise Association:
Canadian Franchise Association: CFA MEMBER
Franchisee Association / Member: Yes
Size Of Corporate Staff: 14
On-Going Support: C,D,E,G,H,I (Click here for an explanation)
Training: 2 Weeks Corporate Office; 1 Week Training Center.
Franchisor's Specific Expansion Plans
U.S.: In Progress
Canada: All Canada
Overseas: All Countries
Note: NR = No Response by Franchisor.
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