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Updated RecentlyChildren's Technology Workshop vs Young Rembrandts Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Children's Technology Workshop vs Young Rembrandts including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $81,000 - $105,000 | $44,405 - $51,555 |
| Franchise Fee | $25,000 | $39,500 |
| Royalty Fee | 6% | 10%-8% |
| Advertising Fee | - | 1% |
| Year Founded | 1997 | 1988 |
| Year Franchised | 2004 | 1997 |
| Term Of Agreement | 7 years | 10 years |
| Term Of Agreement | 7 years | 10 years |
| Renewal Fee | $1K | - |
Business Experience Requirements |
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| Experience | Very few of our owners have a background in art. Our philosophy is based on the fact that creativity is teachable skill - and that includes our owners! | |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/Yes | No/No |
| Start-up Costs | No/Yes | No/No |
| Equipment | No/Yes | No/No |
| Inventory | No/Yes | No/No |
| Receivables | No/No | No/No |
| Payroll | No/No | No/No |
Training & Support |
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| Training | - | Comprehensive one week training by a team of professionals with hands on experience in managing and growing an extensive territory - Unparalleled continuous training and support earned us a 97% above average rating in "accessibility and responsiveness." (based on 3rd party Franchise Business Review survey) On-The-Job Training: 9 hours Classroom Training: 36 hours |
| Support | Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations | Newsletter Meetings/Conventions Grand Opening Online Support Field Operations Proprietary Software Franchisee Intranet Platform |
| Marketing | Co-op advertising, Ad slicks, Regional advertising | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing |
| Operations | Franchise can be run from home. 20% of all franchisees own more than one unit
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Franchise can be run from home.
Number of employees needed to run franchised unit: 2 - 20
Absentee ownership of franchise is NOT allowed. New curriculum is developed on an ongoing basis, and owners do not pay for new materials/updates. |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | No | Yes |
| International Expansion | Yes | Yes |
Company Overviews
About Children's Technology Workshop
The Children’s Technology Workshop is focused on the development and delivery of hands-on, applied-technology curriculum. We have been designing and testing our programs since 1997. At CTW, we are serious about having fun and take pride in our commitment to developing the finest technology and science-based programs available to children. Our activities are under constant review by our full-time staff of educators, engineers, technologists and enthusiasts. We are confident that you'll agree with our philosophy that computers are more than just a tool for writing and researching. We believe computers and technology can empower all children to explore, invent and be creative using the right applications with the right direction. The Children's Technology Workshop offers a variety of programs, including after school, camp, academic and group workshops. Programs are divided by age and are available in different formats to meet scheduling needs of parents and group facilitators.
About Young Rembrandts
This is your opportunity to own a recession-resistant business
offering a unique educational service that's in high demand. What's more, there's limited competition, powerful support from a credible international brand, and the opportunity to replace your corporate income while spending time in the community.
A proven business model that has been successful for over 20 years
Ranked in the Top 500 Franchises by Entrepreneur magazine 6 years in a row
*Flexible hours allowing time for family
*Strong support and continual training from Home Office
*Strong support and communication between franchisees
*Modest start-up and low operating expenses
If you are someone who wants to:
* Be your own boss
* Escape corporate pressures
Expansion Opportunities
US/Canada/International Opportunities: Individual Units available in Canada.
Master Territories available in all other countries
Territory Availability: Territories available in all US States, except AZ (sold out)
Master Licensing: Available Internationally only
An Invaluable Product
Young Rembrandts teaches drawing, the fundamental skill of all the visual arts, to children aged 3.5 to 12. Each week, with our proprietary teaching method and unparalleled curriculum, students participate in an engaging and exciting lesson that not only develops technical ability, but develops classroom and social skills that are critical to both academic and life long success.
Are you ambitious to succeed and be a leader in your community?
Do you have good management and business experience?
Do you possess good communication and interpersonal skills?
If so, then we need to talk..
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