From 13/5/18, the financials have been revised due to a doubling of projected AirBnB Experience bookings and an incorrect gst calculation on our part.
Mindz Brainplay is seeking an individual, couple or group to run the Mindz Brainplay franchise in Victoria. WA and NSW are already running. We know EEG use in education and the public sphere is new so all training is provided.
Who does it suit?
A Mindz Brainplay franchise suits people with an education or science background – preferably teachers with a strong interest in STEM. Good presentation skills and the desire to inspire is important. Full or part-time is OK. Primary, secondary and specialist teachers are invited to apply.
How much work is involved?
Only ONE franchisee will be licensed in Victoria.
There are two dominant arms to the business:
♦ School incursions (see pages link above) ♦ AirBnB Experiences
There are several minor arms:
♦ Private sessions ♦ Teachers’ PD ♦ Community events
Melbourne based AirBnB Experiences will launch in the 2nd half of 2018.
Mindz Brainplay is the only entity in Australia accredited by the National Education Standards Authority (NESA) to run Teacher’s Professional Development workshops on ‘Using an EEG in the Classroom’. These can also be conducted by the franchisee in Victoria.
→ Mindz has already been booked to showcase its concept to schools at the Australian Computer Society’s ‘Big Day In’ at Malvern Public School Melbourne on October 18. This is a great chance for the new franchisee to link with STEM teachers in Melbourne.
Why are we offering this?
The STEM drive is reaching maturity and teachers are looking for new ways to engage students. STEM is not all about robotics, arduino and statistics. Medical Science and Health Technology are REAL areas of work and a future career for students. Our school visits reinforce this and engage students with practical, real-world science.
The brain is a surging area of public interest as the popularity of our AirBnB experiences show. Booksellers now have categories relating specifically to the brain as the public craves to know what makes them tick. See HERE. A Mindz franchise in 2018 is timely.
We’ve also purchased all remaining Emotiv Epoc Series 1 headsets as a protection against the concept being copied. This ensures that Mindz Brainplay remains the only concept of it’s type in the world. Financially, it gives us the chance to recoup some money from the purchase of these headsets, our legals and web fees.
What is the cost?
The franchise fee for Victoria is $16,800 + hardware costs of $1,725 = $18,525 + GST and any legals from your end. The royalty structure is $50 per week. This includes full training at your location and 1 x free session for a school of your choice + 1 x AirBnB session to see how presentations run.
What are possible earnings?
The NSW parent franchise is currently operated by a teacher who runs Mindz Brainplay 1 x day per week. This involves:
⇒ average one or half day school session per fortnight (4hrs per week – Annual income $14k+)
⇒ average 2 x AirBnB Experiences per week (5hrs per week – Annual income $23k+)
A 1 x person franchise can be operated full time with a possible revenue of $180k+ or part time (one day per week) with a revenue of $37k+. A 2 x person franchise would generate far more.
Expenses are calculated at 17% of revenue meaning an annual net income of $30k for 1 x day per week or $150k for 5 x days per week.
Interested but would like to know more?
Have a good look through this website to see what Mindz Brainplay is all about. Go to the AirBnB Experiences page for Sydney and read through the 60+ reviews for ‘A Journey Inside Your Mind’. If you are still interested, complete the form below. We’ll contact you and provide you with the full Franchise Overview.