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Below is an in-depth analysis and side-by-side comparison of Computertots vs Growing Room including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $47,700 - $66,300 | $700,000 - $3,000,000 |
Franchise Fee | $30,000 | $40,000 |
Royalty Fee | 8% | 7% |
Advertising Fee | - | - |
Year Founded | 1983 | - |
Year Franchised | 1988 | - |
Term Of Agreement | 15 years | - |
Term Of Agreement | 15 years | - |
Renewal Fee | 5% of franchise fee | - |
Business Experience Requirements |
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Experience | - | |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | Yes/No | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | - | Franchisees and their Center Director are provided with 3-4 weeks of initial training. The cost of this initial training is included in your franchise fee. The Franchisee pays their own costs and those of their designated managers for transportation, meal and hotel accommodations. |
Support | Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures | - |
Marketing | National media, Regional advertising | - |
Operations |
Franchise can be run from home. International franchisees required to buy multiple units/master licenses; 10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 6 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | No | - |
International Expansion | Yes | - |
Computertots is now a subsidiary of ComputerExplorers In 1984, personal computers were still considered a luxury, and schools were figuring out how to best use the new technology as a learning tool. Moms Karen Marshall and Mary Rogers saw the teaching potential of computers and began Computertots/Computer Explorers with $1,500, one computer and 10 young students. Franchisees can operate the business using either a manager model or an owner-operated model. A manager employs a staff to assist in the teaching and operation of the business; the owner of an owner-operated model not only teaches classes, but also operates the business.
In 2003, Computertots/Computer Explorers was acquired by The International Center for Entrepreneurial Development Inc., which also owns Kwik Kopy Printing, Kwik Kopy Business Centers, Franklin's Printing, American Wholesale Thermographers, Copy Club, Women's Health Boutique and Parcel Plus.
The Growing Room Franchise System is committed to doing everything possible to ensure your success in this highly fulfilling business. You will be given all the tools you need to hire, train and support teachers so they encourage strong thinking skills and practice positive reinforcement. You will also learn how to develop strong parent-teacher-school partnerships to make your Growing Room school the best it can be.
As you investigate other opportunities with childcare, it might help to understand what makes Growing Room different. We offer:
Growing Room Franchise System will provide you with everything you need to replicate our award winning schools. This information will be provided to you through initial training in our corporate office and schools, hands on assistance and step-by-step manuals, as well as ongoing support and refresher training as needed.
Growing Room’s procedures, manuals and training will provide you with the roadmap you need to own and operate a successful school. Combined with your genuine desire, committed efforts and dedication, there is no limit to what you can do with Growing Room.