Wize Computing Academy
Child & Education Services · STEM & Enrichment Programs
- Active units
- 23
- Avg unit volume
- $112k
Franchised, year-end 2023
About Wize Computing Academy
Detailed brand overview is not available yet for this profile.
Key terms
- Franchise fee
$39k
- Additional franchise licenses
additional businesses may be purchased at a reduced price of Ninety Percent (90%) of the franchise fee then being charged to new franchisees
- Brand fund
2.0% of Net Sales
- Local advertising
2.0% of Net Sales
- Footprint
100 – 300 sq ft
- Veteran discount
20.0% off franchise fee — twenty percent (20%) less than the then current full Initial Franchise Fee ... signing your first Franchise Agreement
Brand Percentile Rankings
Growth
- Total locations23
Franchised units open at year-end
- New openings9
Gross new units opened during the calendar year
- 1-year unit growth rate64.3%
Net unit growth versus prior year
- 3-year unit CAGR59.9%
Compound annual growth rate of unit count over the trailing 3 years
- Unit growth ratio9.0×
Cumulative opens / closures through year-end
Unit economics
- Annual unit volume (Median)$112k
Average 2023 Gross Receipts for US franchisees
- Annual unit volume (25th percentile)—
Per FDD Item 19 disclosure
- Annual unit volume (75th percentile)—
Per FDD Item 19 disclosure
- 1-year Median AUV growth rate—
Year-over-year change in median AUV
- Store-level EBITDA Margin—
Median unit-level EBITDA / AUV
Investment profile
- Estimated initial investment$63k
Midpoint of estimated initial investment range
↓ Lower is better - Time to open3 months
Midpoint of average time from agreement to opening
↓ Lower is better - Royalty rate—
Percent of net sales paid to the franchisor
- Sales-to-investment ratio1.8×
Median AUV / estimated initial investment midpoint
- Cash-on-cash returns—
Median unit-level EBITDA / estimated initial investment midpoint. Steady-state estimate; year 1 returns will be lower as the unit ramps to median volumes.
Franchisee healthLocked
- Unit closure ratio
- Transfer vs. closure ratio
- Percent multi-unit franchisees
- Litigation rate
- EBITDA multiple on sales & transfers
Create your free Glidepath account to access full brand information.
Location footprint
Showing 16 of 20 mapped locations
Sources
Financial and operating figures are sourced from the brand's Franchise Disclosure Documents. Brand percentile rankings are based on comparisons to other brands that include the same metrics in their Franchise Disclosure Documents.