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Genius Kid Academy

Genius Kid Academy
398 Steeles Ave. W., # 214
Thornhill, ON L4J 6X3 CANADA
800#:
Tel: (905) 886-1920
Fax: (905) 886-4919
E-Mail: [email protected]
Web Site: www.geniuskidacademy.com
Contact: Mr. Nathan Aryev, Director


Join the most exciting and innovative concept in computer education.


Franchisor Background

Established: 1992
First Franchise: 1993
Franchise Units: 3
Company-Owned Units: 1
Total Units:4

Distribution:
U.S. -- 0; Canada -- 2; International -- 1
> North America -- Operations in 1 Province
> States/Provinces with Greatest Density: 2 in ON

Projected New Units Over Next 12 months:6
Franchisee Qualifications:4, 3, 4, 2, 5, 5
(for an explanation click here)

Registered in Following Registration States: NR
Average Number of Employees: 1 FT, 2 PT (FT = Full Time, PT = Part Time)
Space Needs:800-1,000 SF; FS, RM (for abbreviations click here)

Financial Requirements

Cash Investment: $50K
Total Investment: $50-70K
Average Total Investment: $60K
Minimum Net Worth: $80-100K

Fees
>Franchise: $50K;
>Average Franchise Fee: $50K
>Royalty: 12%
>Advertising: 0%

Provide Earning Claim Statement: Yes


Terms of Contract

Term of Contract (Years): 5/5
Passive Ownership: Discouraged
Area Development Agreements:No
Sub-Franchising Contracts: No
Expand In Territory:Yes


Franchisor Support and Training Provided

Site Selection Assistance:Yes
Lease Negotiation Assistance: Yes
Cooperative Advertising: Yes
Franchisee Assoc. / Member: No
Size Of Corporate Staff: 1
On-Going Support: b,d,E,G,H (for an explanation click here)
Training: 4 Weeks Toronto, ON; 4 Weeks London, ON.


Franchisor's Specific Expansion Plans

U.S.: All United States
Canada: All Canada
Overseas: All Countries

Note: NR = No Response by Franchisor.
For a sample questionnaire click here.

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