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General

Industry

Children Programs

Category

STEM

SBA Identifier

S1200

Year of Founding

2007

Fees

Marketing Fee

2%

Royalty Fee

6% of Gross Revenue or $220 per month

Franchise Fee

$28,000-$28,000

Investment Range

$36K-$150K

Location units

Total U.S. Locations

7

U.S. Franchised Units

6

U.S. Corporate Units

1

Headquarters (City)

Doral

Other

Item 19 - Franchise Financials

Yes

Financing Availability

yes

Started Offering Franchises

2011

Issuance of FDD Data

08/21/2020

What to know about Nutty Scientists franchise?

Our business method for learning through experimentation, participation, and most of all – fun!

Nutty Scientists is based in Doral, FL. Scroll down to learn more!

How much does a Nutty Scientists franchise cost?

Are you wondering how much is a Nutty Scientists franchise? Before starting a Nutty Scientists franchise, it is important to know the franchise fee, working capital and other costs required to start the business.

The minimum investment amount required to open a Nutty Scientists franchise is $35,500 and can go all the way up to $149,800. Keep in mind, you should also allocate additional funds to live off of while the Nutty Scientists business ramps up. This can take as little as 6 months to over 2 years depending on the franchise opportunity. You should speak to at least 5 Nutty Scientists franchisees to understand the true cost of opening the franchise and how long it takes to: 1) start a Nutty Scientists business 2) pass break even 3) hit significant income.

After (and if) you pass the point of earning significant income from your Nutty Scientists franchise, there may be enough margin to hire a day-to-day manager and work less hours in the business.

Franchise Net Unit Growth

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Industry Report Request

Download our guide to compare Nutty Scientists. Hotels to the STEM, Outdoor Children Programs industry.

Franchise Data

Year Start of Year Units Opened Units Closed End of Year
2017 5 0 0 5
2018 5 0 0 5
2019 5 1 0 6

Additional Details

How much does a Nutty Scientists franchise owner make?

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

Nutty Scientists discloses financials at the unit level. In other words, they show how much Nutty Scientists franchisees made in the past. Through analyzing this information available in the metrics tab, it can serve as a good basis to further explore the opportunity or not.

At Vetted Biz, we advise you to speak with 5 to 10 franchisees to understand how much money they are making from the Nutty Scientists franchise. Roughly 60% of franchises disclose financials and it makes the process easier when filtering potential franchise opportunities like Nutty Scientists. Don’t just speak to existing franchisees, call franchisees who have recently left the system and try to find out how much those Nutty Scientists owners were making.

Visit the Nutty Scientists metrics tab to explore the financials for this business.

What is the Nutty Scientists franchise fee?

Owning a Nutty Scientists franchise requires 6% of Gross Revenue or $220 per month royalty fee and 2% 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 Nutty Scientists Franchise Disclosure Document

Keep in mind, there is also an initial Nutty Scientists franchise fee of $28,000 that is included in the initial investment amount of $35,500 to $149,800. Depending on the franchise agreement you sign, you might have to pay the full franchise fee again if you decide to extend the Nutty Scientists franchise relationship. Consult with a licensed franchise attorney to understand exactly what you receive for paying the Nutty Scientists franchise fee of $28,000.

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

When was Nutty Scientists founded?

Nutty Scientists started offering franchises in 2011. Nutty Scientists was founded 15 years ago in 2007.

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 Nutty Scientists locations are in the U.S.?

As of 2020, there were 6 locations across the U.S. There are also 1 corporate locations. Most Children Programs franchises like Nutty Scientists have more franchised locations than corporate locations.

How many Nutty Scientists franchises opened over the past few years?

Over the prior 3 years we have data for, Nutty Scientists has opened 1 outlets throughout the U.S. Visit the Nutty Scientists metrics tab to explore how the openings compare to other Children Programs franchises.

How many Nutty Scientists franchises closed over the past few years?

Over the prior 3 years we have data for, Nutty Scientists has closed 0 outlets throughout the U.S

Visit the Nutty Scientists metrics tab to explore how the openings compare to other Children Programs franchises.

Is Nutty Scientists growing? Are they opening more locations than they are closing?

The net unit growth rate for Nutty Scientists over the past 3 years is 20%. Over the last year we have data for, Nutty Scientists had a net unit growth rate of 20%.

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

Is Nutty Scientists franchise eligible for an SBA Loan?

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

Nutty Scientists franchise was assigned the SBA Franchise ID of S1200 on 10/01/2017. This DOES NOT mean the SBA endorses this franchise. The SBA Franchise Directory will only include business models like Nutty Scientists 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 Nutty Scientists a franchise in the United States?

According to the SBA, Nutty Scientists 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 Nutty Scientists provides you with an FDD if you are in discussion to buy a Nutty Scientists.

What is the Nutty Scientists Franchise for Sale Rate?

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

Nutty Scientists franchise for sale rate over the past 3 years is 0%. Over the last year we have data for, Nutty Scientists had a franchise for sale rate of 0%.

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

What is the Nutty Scientists Franchise Failure Rate?

Nutty Scientists 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!

Nutty Scientists failure rate over the past 3 years is 0%. Over the last year we have data for, Nutty Scientists had a franchise failure rate of 0%.

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

How can I find out more details on Nutty Scientists franchise?

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

Investment Midpoint

The average of the low and high range of the investment amounts calculated from the most recently available Franchise Disclosure Document

Nutty Scientists

$92,650

Industry median

All franchises median

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Royalty Fee

The median royalty fee from the Franchise Disclosure Document

Nutty Scientists

6% of Gross Revenue or $220 per month

Industry median

All franchises median

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Franchise Fee Midpoint

Payment that the franchisee must pay to the franchise owner in order to start a franchise.

Nutty Scientists

$28,000

Industry median

All franchises median

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Item 19 – Financial Performance Representations

Historical financial performance representations

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Franchise Financials

Franchisor company financial information and financial performance representations, if disclosed by the franchisor.

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Franchise Disclosure Document

Download Latest FDD (2020)

General

Industry

Children Programs

Category

STEM

SBA Identifier

S1200

Year of Founding

2007

Fees

Marketing Fee

2%

Royalty Fee

6% of Gross Revenue or $220 per month

Franchise Fee

$28,000-$28,000

Investment Range

$36K-$150K

Location units

Total U.S. Locations

7

U.S. Franchised Units

6

U.S. Corporate Units

1

Headquarters (City)

Doral

Other

Item 19 - Franchise Financials

Yes

Financing Availability

yes

Started Offering Franchises

2011

Issuance of FDD Data

08/21/2020

Detailed Franchise metrics for Nutty Scientists

Detailed Franchise Metrics are metrics calculated and reviewed by Vetted Biz. You can find the available metrics for Nutty Scientists below. “N/A" or Not Applicable results mean that there is not enough data available to compute a precise rate or that the result is not mathematically computable. When results are not mathematically computable, you should pay attention to the absolute values (#) instead of the percentage rate itself.

Franchise Fee Midpoint

Payment that the franchisee must pay to the franchise owner in order to start a franchise.

Nutty Scientists

$28,000

Industry median

All franchises median

Unlock premium content

Franchise Disclosure Document

Download Latest FDD (2020)

Net Unit Growth (most recent year)

Net Unit Growth (3 years)

Failure Rate

Franchise failures comprise franchise terminations, franchise non-renewals, and franchises that ceased operations for other reasons.

 

1 year

3 years

Nutty Scientists

0%

0%

Industry median

All franchises median

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Franchise for Sale Rate

The percentage of units transferred to new franchisees and reacquired by franchisor.

 

1 year

3 years

Nutty Scientists

0%

0%

Industry median

All franchises median

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Business details

Website

https://***********.com

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Business email

**********@******.com

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Mailing address

10773 NW 58th ST #132

State headquarters

Florida

Key leadership

Nutty Scientists

Phone

+1 (000) 0********00

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City

Doral

Zip code

33178
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