Computertots vs Discovery Point Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Computertots vs Discovery Point including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Computertots Franchise
Discovery Point Franchise
Investment $47,700 - $66,300$405,572 - $3,443,722
Franchise Fee $30,000$75,000
Royalty Fee 8%4.7K-$6.5K/mo.
Advertising Fee -1.8K/mo.
Year Founded 19831988
Year Franchised 19881990
Term Of Agreement 15 years20 years
Term Of Agreement 15 years20 years
Renewal Fee 5% of franchise fee-


Business Experience Requirements
 
Computertots Franchise
Discovery Point Franchise
Experience
  • General business experience
  • Marketing skills
    		• -

    Financing Options
     
    Computertots Franchise
    Discovery Point Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees Yes/No-/Yes
    Start-up Costs No/No-/Yes
    Equipment No/No-/Yes
    Inventory No/No-/Yes
    Receivables No/No-/Yes
    Payroll No/No-/Yes

    Training & Support
     
    Computertots Franchise
    Discovery Point Franchise
    Training -On-The-Job Training: 80 hours Classroom Training: 80 hours Additional Training: At existing center
    Support Newsletter, Meetings, Toll-free phone line, Internet, Security/safety proceduresPurchasing Co-ops Meetings/Conventions Grand Opening Online Support Field Operations Site Selection
    Marketing National media, Regional advertisingAd Templates National Media Regional Advertising Social media SEO Website development Email marketing
    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)

    		Number of Employees Required to Run: 35

    Expansion Plans
     
    Computertots Franchise
    Discovery Point Franchise
    US Expansion -Yes
    Canada Expansion No-
    International Expansion Yes-

    Company Overviews

    About Computertots

    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.

    About Discovery Point

    Since 1988, we have built world-class child development centers from the ground up. We are very selective and want to be sure that our franchisees are well supported and that each owner has the same passion for quality child development as we do. Growing, mentoring and innovating for over 20 years, we understand that each child, family and franchise is ultimately linked to our reputation and success. We are with you every step of the way, from market analysis, site selection and construction of your center to operational licensing, four weeks of intense training and unparalleled support after your center is open. We want you to be successful. Our Franchise development model provides: *Purchase and lease purchase franchise options. *Financing assistance. *Reasonable franchise fee and royalty payments. *Building equity by owning the property, the building, the equipment and the business. *Multi-Unit development available Why Discovery Point? SUPPORT! There are very few people in this world who are real estate, construction, business operations, and childcare experts. The Discovery Point team has specialists in each of these fields to support our franchisees. Franchisees are able to leverage the expertise of an already established successful business model and the business and industry experience of the Discovery Point team. The support provided to our franchisees is especially important in the child development industry, where parents know that their children are receiving quality care. Partnering with an industry leader like Discovery Point allows you to benefit from the trusted reputation of an already established brand. Security, promising income, professional satisfaction and personal fulfillment are yours in the childcare profession. With new sites under development and existing centers for sale, there has never been a better or more affordable time to join our team. Today parents are less likely to be full-time caregivers for their young children, so quality childcare is a primary concern. Industry with a history of stable growth. The benefit of a well-run childcare centers is a steady cash flow generated by repeat customers and referrals. Parents appreciate the whole child philosophy and educational programs of The Discovery Point Experience. Parents need to know that their children are safe and nurtured - and they're willing to pay a premium price for quality center-based care. If you are personally inspired and professionally committed to working with children and families and want to develop a successful business consider growing with us.
     
    Veteran Incentives   10% off franchise fee