How much does a Mad Science franchise owner make?

Mad Science franchise earnings and revenue can vary significantly from one franchisee to another.
The Mad Science franchise owner profits can be influenced by labor costs, lease rates, hours worked as well as other factors.

Mad Science unfortunately does not disclose financials on how much Mad Science franchise owners make. This means they do not disclose sales or earnings for franchisees operating in the U.S.

Every franchisor is required by law to disclose income statements and balance sheets for how the franchisor is performing but not for the franchisee level. Unfortunately, Mad Science does not make it easy to understand franchisee financial performance. This can be seen as a red flag and it is important to be that much more diligent in your conversations with Mad Science franchisees. Do note that Mad Science is not alone as about 40% of franchises do not disclose franchisee financial performance.

At Vetted Biz, we suggest you to speak with 5 to 10 Mad Science franchisees to understand how much money they are making from their Mad Science business.

You should also speak to former Mad Science franchisees to understand why they left the system. Did they sell their Mad Science at a profit? Were they forced to close their Mad Science franchise down because it kept losing money?

What is the Mad Science franchise fee?

Owning a Mad Science franchise requires 8% royalty fee and $2000 - 3% marketing fee. These two expenses represent the main ongoing costs you can expect to pay the franchisor throughout the franchise relationship. There may be other ongoing fees disclosed in the Mad Science Franchise Disclosure Document

Keep in mind, there is also an initial Mad Science franchise fee of $25,000 that is included in the initial investment amount of $108,650 to $307,459. Depending on the franchise agreement you sign, you might have to pay the full franchise fee again if you decide to extend the Mad Science franchise relationship. Consult with a licensed franchise attorney to understand exactly what you receive for paying the Mad Science franchise fee of $25,000.

Visit the Mad Science metrics tab to explore the financials for this business, royalty and marketing fees compare to other Education Programs franchises. You can also compare these fees for 2,000+ franchises currently offered in the U.S.

When was Mad Science founded?

Mad Science started offering franchises in 1995. Mad Science was founded 29 years ago in 1993.

At Vetted Biz, we recommend franchises have 3-5 corporate locations and 5+ years of experience before offering a franchise. There needs to be proof that the business model works and is replicable before offering the franchise to other!

How many Mad Science locations are in the U.S.?

As of 2021, there were 77 locations across the U.S. There are also 4 corporate locations. Most Education Programs franchises like Mad Science have more franchised locations than corporate locations.

How many Mad Science franchises opened over the past few years?

Over the prior 3 years we have data for, Mad Science has opened 3 outlets throughout the U.S. Visit the Mad Science metrics tab to explore how the openings compare to other Education Programs franchises.

How many Mad Science franchises closed over the past few years?

Over the prior 3 years we have data for, Mad Science has closed 6 outlets throughout the U.S

Visit the Mad Science metrics tab to explore how the openings compare to other Education Programs franchises.

Is Mad Science growing? Are they opening more locations than they are closing?

The net unit growth rate for Mad Science over the past 3 years is 0%. Over the last year we have data for, Mad Science had a net unit growth rate of -4%.

Without a comparison, this number doesn’t mean much. Compare how the Mad Science growth rate compares to 2,000+ other franchises and Industry franchises like Mad Science. More info in the Mad Science metrics tab.

Is Mad Science franchise eligible for an SBA Loan?

Mad Science is eligible for SBA loans including the 7(a) loan. To find out more about the SBA loan program for franchising click here.

Mad Science franchise was assigned the SBA Franchise ID of S1066 on 10/01/2017. This DOES NOT mean the SBA endorses this franchise. The SBA Franchise Directory will only include business models like Mad Science that are reviewed and found eligible under SBA’s affiliation rules and other eligibility criteria. Currently, there are over 7,000 franchise opportunities that the SBA has deemed eligible for SBA financing.

Is Mad Science a franchise in the United States?

According to the SBA, Mad Science meets the Federal Trade Commission (FTC) definition of a franchise. The FTC Franchise Rule requires franchisors to provide all potential franchisees with a disclosure document (FDD) containing 23 items about the franchise, its officers, and other franchisees. Be sure that Mad Science provides you with an FDD if you are in discussion to buy a Mad Science.

What is the Mad Science Franchise for Sale Rate?

The Mad Science systemwide health and franchisee satisfaction can be measured by the Mad Sciencefranchise for sale rate. The franchise for sale rate is calculated by the percentage of units transferred to new franchisees and reacquired by franchisor.

Mad Science franchise for sale rate over the past 3 years is 11%. Over the last year we have data for, Mad Science had a franchise for sale rate of 9%.

Without a comparison, this number doesn’t mean much. Compare how the Mad Science franchise for sale rate compares to 2,000+ other franchises and Industry franchises like Mad Science. More info in the Mad Science metrics tab.

What is the Mad Science Franchise Failure Rate?

Mad Science franchise failures comprise franchise terminations, franchise non-renewals, and franchises that ceased operations for other reasons. The failure rate is one of the most important franchise metrics to consider when investing in a franchise!

Mad Science failure rate over the past 3 years is 8%. Over the last year we have data for, Mad Science had a franchise failure rate of 3%.

Without a comparison, this number doesn’t mean much. Compare how the Mad Science franchise for sale rate compares to 2,000+ other franchises and Industry franchises like Mad Science. More info in the Mad Science metrics tab.

How can I find out more details on Mad Science franchise?

Visit the Mad Science metrics tab to explore franchise profitability, industry comparables and more. Become a Vetted Member today today for exclusive access on this franchise opportunity!