Club Scientific Franchise Analysis
Club Scientific is graded based on our most recent FDD research!
Franchise Opportunity Info
Club Scientific offers a home based business providing science and technology enrichment programs for children ages 4 to 12.
How much does an Club Scientific franchise opportunity cost?
Club Scientific has an initial franchise fee of up to $14,900, with a total initial investment range of $28,124 to $54,607.
- Initial Franchise Fee: $14,900
- Total Investment: $28,124 to $54,607
- Working Capital: $500 to $2,500
- Royalty Fee: 8.0%
The upfront investment of any franchised business includes many fees. Check out this investment opportunity to better understand the initial costs required to own an Club Scientific, such as franchise fees, real estate costs, pre-opening marketing, and furniture and fixtures purchases. It should be noted that, franchisors are required to provide you with details about all upfront fees. These fees include those that are actually paid when signing the franchise agreement and commitments to fees you are required to pay. Another important consideration to review is whether the upfront fees are refundable to you or not. The franchise system must disclose what conditions any of the upfront fees are refundable. A franchisor must also disclose a range of fees if their upfront fees are not the same within the franchise. A thorough review of the Item 5 upfront fees will provide you answers needed to make an informed investment decision an Club Scientific.
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How much can I earn by owning a Club Scientific franchise?
As with any new franchise, there needs to be a reasonable return on your investment and profit potential. The specific franchise owner's salary and the revenue from an Club Scientific franchise opportunity depends on a variety of factors. One way to validate the potential revenues or profits generated from a Club Scientific franchise investment is to review the franchisor's Item 19 within their Franchise Disclosure Document. This is called a financial performance representation. This is not required within a franchisor's disclosure and approximately 68% of all franchisors in our database will disclose financial performance data within Item 19 of their FDD. Some franchisors may disclose limited information such as average gross revenues. This type of financial disclosure is not always helpful to determine profits for you directly. So review systemwide sales data with caution. As expected, usually profits and owner's salary are equitable to the overall size of the upfront investment. The larger the initial investment, the higher return you should anticipate. Another factor to owner's salary potential is based on the number of locations you purchase. If you sign for multiple locations (usually referred to as Area Development Agreements), you can expect that as you launch each additional unit, you will earn a multiple on your profits. Demand for your products, the labor costs in your city, commercial lease rates and several other variables are important factors in determining your profit margin and your personal salary. Your future returns are dependent on Club Scientific's success. Your profits and owner's salary is not just reliant on how well your own location performs, you need to review how well the entire franchise system is operating. Determine how the franchisor earns income and analyze their financial statements.
For additional information and franchise specific on the revenue of an Club Scientific franchised business, unlock this franchise opportunity
How many franchise locations does Club Scientific franchise have?
As of the 2020 Franchise Disclosure Document, there are franchised Club Scientific locations across the United States.
Did you know there are over 3,000 franchise opportunities across the United States. More than 80% have less than 10 locations.
Are there any Club Scientific franchises near me?
Based on 2020 FDD information, Club Scientific has franchise locations in 1 states. There could be no locations in several states as each franchise company maps out their growth strategy differently.
Based on the data collected this franchise opportunity is growing into new locations and might be available near you. While planning your franchise purchase, you should be considering what is a good location for my franchise. Anlayze the potential customer base to confirm that the area you are looking at has a need or a market for this brand. Even the most successful franchised businesses have regions that they are not successful in. The reasons why a specific franchised location can fail are plentiful. So, you should analyze not only the franchise opportunity itself, but review locations where you think the business has a more profitable opportunity.
One of our consultants will have detailed knowledge about this franchised business. Unlock to learn more and connect with our advisors.
Last Reviewed: 2020
Sector: Personal Services
Category: Children's Services
Club Scientific Franchise DATA
10 Years
10 Years
3
8.0%
1.0%
FAQS
Does this brand provide any initial training and opening assistance?
Yes, they have an initial training program of 38 hours. This includes 38 hours of classroom training, 0 hours of on-the-job training, and 0 hours of online training. In their FDD they outline who's in charge of the training. Unlock to find out more.
| Online | 0 |
|---|---|
| On-the-Job | 0 |
| Classroom | 38 |
| Total | 38 |
Does this brand provide Territory Protections?
Club Scientific offers territory protections. For an explanation of territorial rights, unlock this franchise opportunity for important details.
Do they have computer and technology support in place?
Yes, Club Scientific offers comprehensive support for franchisees. Unlock this franchise to find out more.
How long ago did they begin franchising?
They began franchising in 2002. The average Children's Services franchise began franchising in 2010.
Do they offer financing support?
No, but you can click here to fill out our affordability calculator and understand your financing options.
Unlock this franchise for instant access to our research findings, including:
- Growth breakdown
- Turnover breakdown
- Financial transparency
- Initial and renewal terms
- Royalties and advertising fees
- Important Franchise FAQs
- Our grade and free access to consult with a franchising expert
- What are the historical franchise owner earnings?
- Does this brand provide Veteran or First Responder discounts?
- Does this brand use public figures to promote their franchise?
- Does this brand disclose any bankruptcies?
- Is this franchise related with any other franchise brands or private equity investment groups?
- How many new locations have they sold within the last 5 years?
- How many franchised locations have closed within the last 5 years?
- How many new outlets have they sold in the last 5 years?
- How many franchised locations have terminated within the last 5 years?
- Does this brand operate any company or affiliate owned locations?
- What is their initial and renewal term lengths?
- How does the franchisor avoid litigation and lawsuits?
- How long has the franchisor been in business?
- Are they actively selling franchises across the United States?
- How often are royalties and advertising fees paid to the franchisor?
- How are territories defined?
- What support can you expect to receive from the franchisor?
- Why has new franchisee growth been so high?
- What are the financial requirements to be approved as a franchise owner in this brand?
- Are you required to work as an owner-operator or is this a passive investment opportunity?
- Will they refund the franchise fee under certain circumstances?