Wize Computing Academy charges a royalty fee of 8.0% of gross sales (2024 FDD). This ongoing fee is typically paid weekly or monthly to the franchisor for continued use of the brand and support systems.

The total ongoing fee rate for a Wize Computing Academy franchise is approximately 10.0% of gross sales (2024 FDD). This includes the royalty fee, a 2.0% marketing/advertising fund contribution, a $150/month technology fee, and other recurring charges.

Wize Computing Academy has been involved in 0 litigation cases over the past 3 years (2024 FDD). There are no class action lawsuits pending.

No, the Wize Computing Academy franchisor has no bankruptcy filings in their disclosure history (2024 FDD).

Wize Computing Academy offers exclusive territory rights to its franchisees (2024 FDD). The franchise agreement includes encroachment protection, preventing the franchisor from placing another unit in your territory. Online sales rights are shared between the franchisor and franchisee.

Wize Computing Academy currently operates 21 locations (2024 FDD) (20 franchised, 1 company-owned). The system grew by 75.0% over the past year. The 3-year compound annual growth rate is 38.0%.

The 1-year franchisee turnover rate for Wize Computing Academy is 0.0% (2024 FDD). This includes closures, terminations, non-renewals, and transfers. A lower turnover rate generally indicates higher franchisee satisfaction and system stability.

According to the Wize Computing Academy FDD Item 19 financial performance representation (2024 FDD), the median gross sales per unit is $58K (average: $112K).

The initial franchise agreement term for Wize Computing Academy is 10 years (2024 FDD). The total potential term is 10 years.

Wize Computing Academy's post-termination non-compete clause restricts former franchisees from operating a competing business for 2 years within 50 miles of the former location (2024 FDD).

Yes, Wize Computing Academy's franchise agreement requires mandatory arbitration for dispute resolution (2024 FDD).

Wize Computing Academy provides 53 hours of initial training over approximately 1 weeks (2024 FDD). The cost of training is covered by the franchisor (travel and lodging are typically the franchisee's responsibility). Ongoing field support is provided on a as-needed basis.

Yes, Wize Computing Academy provides site selection assistance to help franchisees find the right location (2024 FDD). The franchisor also provides technology support and systems.