Thursday
May272010
Whizard Academy for Mathematics & English Franchise
Tutorial/enrichment programs in mathematics & language arts
Start-up Costs & Franchises Fees
What is the total cost to open a Whizard Academy for Mathematics & English Franchises?
Total Cost: $125,800-$177,300
Total Franchise Fees: $38,000 USD
Ongoing Royalty Fees: 10%
Ongoing Advertising Fees: Not Available
Franchise Agreement Renewal Fee: $75K/$10K
Contact Information for Whizard Academy for Mathematics & English
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Whizard Academy for Mathematics & English |
Phone Number: 905)709-3233 |
Historical Expansion
In what year did Whizard Academy for Mathematics & English begin operations? 1993
When did Whizard Academy for Mathematics & English begin selling franchises? 1993
Year United States Canada International Corporate 2006 5 50 0 0 2005 3 45 0 0 2004 1 38 0 0 2003 0 35 0 0
Franchise Financing Information
Cost In House Financing Available? 3rd Party Financing Available? Franchise Fee No No Initial Start-up Capital No No Plant, Property, and Equipment No No Inventory No No Accounts Receivable No No Payroll No No
Franchise Analyzer Professional's Inside Information
Can you buy this franchise for no money down? YesPlease note: You must download a free copy of Franchise Analyzer Professional to receive these benefits and so much more. Click here to download your FREE copy now.
What key terms in the franchise agreement can be negotiated? Cross-default provisions, arbitration clause, personal guarantee, default cure periods, non-compete agreement, favorable valuations for corporate buyout
Can you negotiate lower royalties during start-up? Yes
Can you purchase multiple franchises for a discounted franchise fee? Yes
Can you receive lower advertising fees? Yes
Will I know when the franchise break even? Yes
Will my personal assets including my home be safe in case my franchise business fails? Yes