Offering In-Person & Online Classes
ABOUT
FRANCHISING
FRANCHISING
FRANCHISING
Become a Part of this Multi-billion Dollar Industry
The supplementary education market continues to boom even in current economy. It is expected that tutoring industry will be a multi-billion dollar industry in coming years. If you want to help the children in your community achieve academic excellence and have a desire to start a business of your own, we invite you to team with us to follow a proven path.
WHY NOW?
THE REASONS
For a number of different reasons including school budget cutbacks, fewer teachers, crowded classrooms, standardized tests, failing test scores, and increased global competition, the tutoring industry is booming. This, along with the fact that parents are actively taking responsibility and becoming more involved with their children’s education, makes it only logical that this improvement is taking place. Surveys from The Star have found that more parents across Ontario are opting for private tutoring. Around 1 in 3 families, to be exact.
GROWTH
According to Global Industry Analyst, Inc., amid the Covid-19 crisis, the Private Tutoring market worldwide is set to grow a whopping US$105.9 Billion in the next few years. This number, of course, represents the market worldwide, but Canada represents $1 Billion of the industry and held against the global market, the Canadian market is still relatively untapped. There is significant room for growth in the Canadian Private Tutoring market.
OPPORTUNITY
The industry presents an exceptional opportunity for supplemental education providers - especially Megamind Learning Centre franchise owners whose businesses are built upon a solid pedagogical foundation, who are well trained, and who are continuously supported with research leading to new, innovative, and responsive programs. The market continues to grow and becoming part of a franchise that specializes in supplemental education for students is not only lucrative, but extremely rewarding. Allowing students their right to education, and their parents the gift of helping their children succeed is an amazing thing, for them and yourself.
THE RIGHT TIME IS NOW
Parents and educators alike know the importance of boosting a child’s self-esteem as a basis for success. This is exactly why our programs are designed the way they are and are frequently updated to fit our students’ needs. Your students at Megamind Learning Centre will learn how to learn— this is what sets apart Megamind Learning Centre from traditional tutoring or childcare learning facilities. Students build on every success, increasing their confidence with each achievement. At Megamind Learning Centre, we understand exactly how important that is, so our programs are specifically designed to encourage children and foster their growth.
As a Megamind franchise owner, you will inspire young minds by offering solutions that cannot be found elsewhere. By using our researched and time-tested methods and materials, your students will not only have the capacity to learn how to learn, but the competency to use their newfound skills to excel in the classroom, improve their grades, enhance interpersonal relationships, and reach their goals. Successful students and their grateful parents lead to an abundance of referrals.
As a Megamind franchise owner, you will inspire young minds by offering solutions that cannot be found elsewhere. By using our researched and time-tested methods and materials, your students will not only have the capacity to learn how to learn, but the competency to use their newfound skills to excel in the classroom, improve their grades, enhance interpersonal relationships, and reach their goals. Successful students and their grateful parents lead to an abundance of referrals.
FRANCHISE REQUIREMENTS
THE CRITERIA
Becoming a franchisee with Megamind Learning Centre is simple, yet some specific requirements must be met to become a part of the Megamind family. Before investing in a large project significant to an assortment of individuals, make sure you are aligned with the mission and meet the following requirements:
SKILLS & EXPERIENCE
Successful Megamind franchise owners have the drive for financial security and personal fulfillment. They also have a strong business background with an outgoing personality. The rest, we teach. You do NOT require a teaching background! If you have the temperament, talent, and conviction that we are looking for, we will select you and award you a territory.
Because we want all our students to learn the necessary skills for success, we make it a point to ensure that our franchise owners have the ability to facilitate student success. We are looking for someone who has experience with children—though it need not be formal teaching experience—and who possesses the same passion that we have for providing these children with tools for a better future. If you believe you fit that role, then come join us on this journey of education and care.
Because we want all our students to learn the necessary skills for success, we make it a point to ensure that our franchise owners have the ability to facilitate student success. We are looking for someone who has experience with children—though it need not be formal teaching experience—and who possesses the same passion that we have for providing these children with tools for a better future. If you believe you fit that role, then come join us on this journey of education and care.
APTITUDE
You do not need an MBA or a teaching degree to be a successful franchisee. You do, however, must have an inclination towards learning. Your enthusiasm and advocacy for acquiring knowledge will set an example and inspire your teachers, parents, and students to reach, to achieve, and to experience fulfillment. Megamind Learning Centre is your opportunity to forge a rewarding career in the field of education.
FINANCIAL STABILITY
You must have a satisfactory financial rating to qualify, as well as the financial capability to open and operate your Learning franchise. The total cost of opening a Megamind Learning Centre franchise ranges from $70,000 to $175,000, depending on your location. This amount should comfortably cover your start-up expenses and equipment needs.
OTHER REQUIREMENTS
A Megamind franchise owner must be passionate and committed when it comes to educating children and leading by example. When our franchise owners have a passion for education, it shows. This passion is then reflected in the studies of the students at Megamind Learning Centres. The passion for learning is contagious, and we want to spread it to as many students as possible.
It is also important for a franchise owner to have a balanced and flexible lifestyle. Being a franchise owner of a Megamind Learning Centre is something that requires involvement and providing support for students. This requires a flexible schedule so that if something occurs, you are available and ready. Also, living a balanced lifestyle and leading by example is something we take seriously at Megamind and we believe that each of our franchise owners should as well.
A Megamind Learning Centre franchise owner must be a good communicator as well. Communication is extremely important in the education field. A good communicator is necessary in any business, but especially with the private tutoring industry because this is also a skill that children need to learn.
It is also important for a franchise owner to have a balanced and flexible lifestyle. Being a franchise owner of a Megamind Learning Centre is something that requires involvement and providing support for students. This requires a flexible schedule so that if something occurs, you are available and ready. Also, living a balanced lifestyle and leading by example is something we take seriously at Megamind and we believe that each of our franchise owners should as well.
A Megamind Learning Centre franchise owner must be a good communicator as well. Communication is extremely important in the education field. A good communicator is necessary in any business, but especially with the private tutoring industry because this is also a skill that children need to learn.
BECOME A FRANCHISE OWNER
THE REASONS
There are several reasons why becoming a franchise owner of a Megamind Learning Centre is a good move. Here are some benefits on why you should become a franchise owner in one of the fastest growing markets in the industry:
LIMITED DIRECT COMPETITION
The education industry is booming right now. However, Megamind is unique in that it delves into the untapped regions of the market. Private tutoring is a growing industry and is projected to grow even more in the coming years. There is limited direct competition in the way of private tutoring, especially with the pedagogy and methods that Megamind uses.
COMPETITIVE START-UP INVESTMENT
Megamind franchise owners can start their very own business with a very competitive start-up investment. The total cost of opening a Megamind Learning Centre franchise ranges from $70,000 to $175,000, depending on your location. This amount should comfortably cover your start-up expenses and equipment needs.
ALWAYS GROWING & ADDING NEW COURSES
Megamind Learning Centre is always growing and expanding, which leaves a lot of room for innovation and imagination. Creating new courses and changing the way students learn is a part of growing and learning with Megamind. We are always looking for new ways to challenge the minds of our students and continue to allow for growth and expansion.
MORE
Becoming a Megamind Learning Centre franchise owner has various benefits and is an excellent investment. If you want to inspire and expand the minds of children, as well as reap the benefits of being a business owner, then this program is for you. As you can see, the reasons are numerous as to why you should invest your time and money into this amazing program.
THE OFFER
FOR FRANCHISEES
Megamind Learning Centre franchise has so much to offer to our franchise owners. Besides the various advantages of being a Megamind franchise owner, there are so many things that we can offer you that many other franchises cannot. Here are just a few of the amazing things we can give you when you become a part of the Megamind family:
SITE SELECTION & DEVELOPMENT
Yes, that’s right. With your investment into our program, you are receiving our full support. This means giving you the ability to select the site that you wish to establish your new Megamind franchise, and we will help with its development. We have experts who are able to develop your site fully and create your Megamind Learning Centre exactly as you envision it. You will not have to worry about hiring developers and spending thousands of dollars more on top of your original investment.
INTUITIVE MANAGEMENT SOFTWARE
To help you stay on top of your business, including tutors, students, expenses, etc., Megamind will provide you with our state-of-the-art management software which is used in all our Megamind franchises and has proven to be useful and successful. We will even train you in exactly how to use it and how it can benefit you and your business.
MARKETING SUPPORT
We will provide you with full marketing support to get the name out there and establish clientele in your area. We have already established a marketing strategy that works for our brand, and we will be there to aid and guide you in marketing your new branch.
COMPREHENSIVE OPERATIONS MANUAL
Unlike other franchises, we do not just hand over the reigns and leave you to it. Our comprehensive operations manual is a step-by-step guide that will lay out the guidelines, standards, and explain the Megamind way of doing things. As a new business owner, we know it can be a bit overwhelming, but we do our best to leave you in good hands and with a full grasp on our concepts, ideas, and ways of operating.
ONLINE, ON-SITE & ONGOING TRAINING
We are here to support you in every way. We will take the time to ensure that you and your staff are fully trained so operations at your site run smoothly. We offer trainings online, as well as in person, and will make sure that you are fully equipped to run a Megamind Learning Centre yourself. Not to mention, our trainings are ongoing. When we develop a new course or concept, we will personally train you and your staff on how to execute it. You will always be up-
PROPRIETARY ADAPTIVE CURRICULLUM
Our curriculum has been improved with time and plenty of testing. We believe in our pedagogy and believe in the success of students who have been exposed to it. That being said, we provide you and your team with a proprietary adaptive curriculum to bring into the classroom.
FAQ
HOW DO I FRANCHISE IN MY AREA?
Megamind is always looking to open locations in highly populated commercial areas. Check available areas to find out about the new areas or taking over an existing one in your area.
WHY THE CHANGE OF BRAND NAME?
Megamind started offering abacus programs under Megamind Abacus Academy trade name in 2013. However, based on our market research and our continous R&D, we have added a number of programs since then. Megamind was rebranded as Megamind Learning Centre in 2020 to reflect our enhanced course offerings of abacus mental math, tutoring and private high school.
WHAT OPPORTUNITIES ARE AVAILABLE?
Both individual and multi territory opportunities are available
HOW MUCH DOES IT COST?
Initial franchise fees is $25000 plus applicable taxes
WHAT IS THE TURNAROUND?
Typically it takes 2 - 9 months to open a location. The timings depends upon a number of factors such as permits, bylaws and other site requirements.
WHAT ARE THE REQUIREMENTS?
Megamind Abacus Learning Centre prioritizes the success of every child and without the support of like-minded entrepreneurs, we would
never have grown, or would we continue to grow, like we have. An investment in Megamind Learning Centre is an investment in the future of thousands of children and can make a world of difference.
Franchisee candidates must meet the following qualifications to be considered for a franchise opportunity:
- Prior teaching background is helpful, but not essential.
- Minimum $70,000 liquid capital and a minimum net worth of $150,000.
- Excellent communication and interpersonal skills.
- Passionate and committed when it comes to educating the children and leading by example.
WHAT ARE THE STEPS IN THE PROCESS?
There are 8 steps in our franchise process:
- Complete the franchise interest form on our website
- Initial Meeting and Discovery Session
- Submit confidential franchise application form
- Receive franchise disclosure document
- Obtain franchise approval
- Search and Finalizing of Location
- Start Leasehold improvements
- Training and Grand opening
WHAT IS THE TYPICAL LOCATION SIZE?
A typical Megamind Learning Centre ranges between 1000 and 1250 square feet.
HOW CLOSE ARE OTHER LOCATIONS TO MINE?
All franchisees are provided with a protected territory that is defined by street boundaries and a specific population within those boundaries.
AVAILABLE MARKETS
START NOW
Please contact us if your want to open a location in the area that is not mentioned here.
AFFILIATION
AWARDS
CFA MEMBER
Megamind Learning Centre franchise is a proud member of the Canadian Franchise Association (CFA) which advocates for solutions to the issues impacting the dream of being a business owner. Megamind has been a member since they were founded in 2012 and continue to contribute to the Canadian economy through the CFA.
CFA AWARDS
Megamind has won Bronze in the Traditional Franchises, 6-15 Franchisees category (recognizes top-performing franchisees for their unique accomplishments and excellence in business performance), and 2020 Franchisees’ Choice Designation (FCD) )(Franchise brands that exceed performance benchmarks in key areas including leadership, business planning, marketing, training, and support). presented by the Canadian Franchise Association.
BRAMPTON GUARDIAN
READERS CHOICE AWARDS
SINCE 2016
Megamind Learning Centre has also been the winner of the Brampton Guardian Reader Choice Awards for the past 4 years, beginning in 2016.
Megamind has won the Reader’s Choice Awards organized by Brampton Guardian for 4 years in a row.
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