Computertots vs LaptopXchange Franchise Comparison

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

Start-Up Costs and Fees
 
Computertots Franchise
LaptopXchange Franchise
Investment $47,700 - $66,300$156,000 - $215,000
Franchise Fee $30,000$15,000 - $20,000
Royalty Fee 8%5%
Advertising Fee --
Year Founded 19832003
Year Franchised 19882008
Term Of Agreement 15 years-
Term Of Agreement 15 years-
Renewal Fee 5% of franchise fee-


Business Experience Requirements
 
Computertots Franchise
LaptopXchange Franchise
Experience
  • General business experience
  • Marketing skills
    		• Prior business management experience is required. Good operational skills and management of details are necessary for success. Technological background is not necessary.

    Financing Options
     
    Computertots Franchise
    LaptopXchange Franchise
      In-House/3rd PartyIn-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
     
    Computertots Franchise
    LaptopXchange Franchise
    Training -All franchisees undergo an extensive two-week training program in a corporate store. We will walk you through the details you need to know in order to become a successful entrepreneur.
    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
     
    Computertots Franchise
    LaptopXchange Franchise
    US Expansion --
    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 LaptopXchange

    LaptopXchange changed it's name to Device Pitstop http://www.thefranchisemall.com/franchises/details/14686-0-device_pitstop.htm