|
Genius Kid Academy
398 Steeles Ave. W., # 214
Thornhill, ON L4J 6X3 CANADA
800#:
Tel: (905) 886-1920
Fax: (905) 886-4919
E-Mail:
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
(Click here for an explanation)
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
(Click here for abbreviations)
Encourage Conversion: NR
Financial Requirements
Cash Investment: $50K
Total Investment: $50-70K
Average Total Investment: $60.0K
Minimum Net Worth: $80-100K
Fees:
�Franchise: $50K
�Average Franchise Fee: $50.0K
�Royalty: 12%
�Average Royalty: 12.0%
�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
Financial Assistance: Yes(I)
Cooperative Advertising: Yes
International Franchise Association:
Canadian Franchise Association:
Franchisee Association / Member: No
Size Of Corporate Staff: 1
On-Going Support: b,d,E,G,H (Click here for an explanation)
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.
Click here for a sample questionnaire.
|
New
Search: Alphabetical
| Industry
Type | Average
Total Investment | Average
Franchise Fee | Total
Units
|
|