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  Home  >>  Education-Related  >>   Education - General




Whizard Academy For Mathematics & English

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]
Website:www.whizardmath.com
Contact:Mr. Balti Sauer, President/CEO


Submit an online form to receive information from Whizard Academy For Mathematics & English. You may receive some or all of the following:
Business Description

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

Franchisor Background

Year Established:  1992

Franchising Since:  1993

Operating Units:

Franchised Units:

48

92.3%
Company-Owned Units:47.7%
 
Total Operating Units:
52
100.0%
 
Geographic Distribution:
U.S.:00.0%In 2 States
Canada:00.0%In 4 Canadian Provinces
International:00.0%In 0 Foreign Countries
 
Total:
0.0
0.0.0%
 
 
North America:
States/Provinces with the largest number of operating units:
DensityUnits
1. Alberta8
2. British Columbia5
3. Ontario33

Registered in Following Registration States:

Financial Requirements

Investment:
Minimum Net Worth: $NA
Cash Investment:$100-130K
Total Investment:$100-130K
Average Total Investment:$115K
 
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:3
General Business Experience:3
Specific Industry Experience:3
Formal Education:3
Psychological Profile:3
Personal Interview(s):3
 
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 10 Year(s)
Sub-Franchising Contracts?Yes
Franchisees Allowed to Expand Within Territory?Yes
 
Support and Training
 
International Franchise Association:No
Canadian Franchise Association:No
Franchisee Association/Member:Yes, Member
Size of Corporate Staff: 14
Site Selection Assistance?Yes
Lease Negotiation Assistance?Yes
Financial Assistance?No
 
Marketing Support:
Co-Op Advertising:Yes
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. Training Center1 Week
 
Expansion Plans
 
Projected New Units Over Next 12 months: 5

U.S.:

Yes, All United States
Canada:No
Overseas:No