Wize Computing Academy logo
Coding, robotics, and design classes, camps, and competition prep

Investment

$49,000

Initial Franchise Fee

$40,500

Units

42

Growth Rate

+180.0%

Overview About Investment Territories Support Operations Ranking History

Overview

Industry Children's Businesses
Founded 2015
Franchising Since 2018
Parent Company Wize Computing Academy Franchising LLC
Leadership Vishal Bhasin, Cofounder
# of Employees at HQ 12

Units and Growth Chart

About Wize Computing Academy

Wize Computing Academy specializes in educating children aged 4 to 16 years using a comprehensive form of education that enhances creativity and instills logic in young learners. Wize Computing Academy helps learners write computer programs that enable computers to perform tasks. The company is about teaching children to code and engage in robotics.

Since 2015, Wize Computing Academy has operated in pre-school, elementary, and middle schools and has expanded its outreach to multiple locations. The company started franchising in 2018 with Vishal Bhasin as the co-founder.

Why You May Want To Start a Wize Computing Academy Franchise

No prior computer coding experience is necessary to open a Wize Computing Academy franchise. However, you must be outgoing and passionate about children's education, a team leader, ambition-driven, and have strong marketing skills. Wize Computing Academy is interested in franchisees who love working with children. As a franchisee, you will be expected to run the business from home, utilizing various community spaces to teach the classes.

Opening a Wize Computing Academy franchise may offer a more predictable outcome than investing in a completely new brand that could struggle to thrive in an already crowded and competitive industry.

What Might Make a Wize Computing Academy Franchise a Good Choice?

While teaching 21st-century skills is vital, the computing school uses a unique approach through K-12 computer science. The inimitable design teaches young learners about coding and robotics in creative and fun ways. With their programs, children are prepared to solve problems, be team leaders, and build confidence. The programs are specifically designed to expand science, technology, engineering, art, and math (STEAM), preparing children to be innovative and future educators and leaders.

To be part of the Wize Computing Academy team, you should make sure you're financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for ongoing fees that will include advertising, royalty, and potential renewal fees.

Wize Computing Academy has partnered with third-party financial lenders that may help cover the costs of the franchise fee and startup. They also may offer in-house financing for the franchise fee if you qualify.

How To Open a Wize Computing Academy Franchise

Although the franchisees are home-based, the support team offers initial and online training. Once you have received the qualification form and agreed to the terms, the franchisor will provide further details about the franchising opportunity.

As you decide if opening a Wize Computing Academy franchise is the right move for you, make sure you take time to explore the opportunity. Research the brand and your local area to see if a Wize Computing Academy franchise would do well in your community. While competition is healthy, too much of it may not allow for the most possible growth. You may want to speak to existing franchisees and ask the Wize Computing Academy team questions as part of your due diligence. 

A typical franchise agreement runs for ten years. Franchisees may be allowed to renew their contract if they meet the Wize Computing Academy requirements.

Investment Details

Initial Franchise Fee $40,500
Initial Investment $49,000 - $79,000
Net Worth Requirement $45,000
Cash Requirement
Royalty Fee 8%-6%
Ad Royalty Fee to 2%
Technology Fee to $150/mo.
Term of Agreement 10 years
Is Franchise Term Renewable? Yes
Financing Third Party
Veterans Incentive 20% off franchise fee

Available Territories

Franchising opportunities available in the following regions

Training & Support Programs

Comprehensive training and ongoing support to help you succeed

Training

On the Job Training 9 hours
Classroom Training 44 hours

Ongoing Support

Newsletter
Meetings & Conventions
Grand Opening
Online Support
Security & Safety Procedures
Field Operations
Proprietary Software
Franchisee Intranet Platform

Marketing Support

Ad Templates
Regional Advertising
Social Media
SEO
Website Development
Email Marketing

Operations & Requirements

Key operational details and requirements for running this franchise

Is absentee ownership allowed? No
Can this franchise be run from home/mobile unit? Yes
Can this franchise be run part time? Yes
# of employees required to run 1-2
Are exclusive territories available? Yes

Ranking History

Wize Computing Academy performance in the Franchise rankings over recent years

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022