| ||||
Updated RecentlyChildren's Technology Workshop vs Fun Bus Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Children's Technology Workshop vs Fun Bus including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $81,000 - $105,000 | $85,500 - $160,500 |
| Franchise Fee | $25,000 | $25,000 |
| Royalty Fee | 6% | 7% |
| Advertising Fee | - | - |
| Year Founded | 1997 | 2000 |
| Year Franchised | 2004 | 2003 |
| Term Of Agreement | 7 years | 5 years |
| Term Of Agreement | 7 years | 5 years |
| Renewal Fee | $1K | 50% of current franchise fee |
Business Experience Requirements |
||
| Experience | - | |
Financing Options |
||
| 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 |
||
| Training | - | - |
| Support | Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations | Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | Co-op advertising, Ad slicks, Regional advertising | Co-op advertising, Ad slicks |
| 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) | - |
Expansion Plans |
||
| US Expansion | - | - |
| Canada Expansion | No | No |
| International Expansion | Yes | No |
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 Fun Bus
It's more than an bus. It's an experience...Fun Bus is THE children's "FUN Fitness Program", with a low-cost, highly profitable operating system offering a FUN time, FUN talk and a FUN experience for everyone. The Company's foundation is solid and based on our experienced and dedicated people. We are the first to make this type of business affordable, and for that reason, our group of Franchisees will be at the forefront of an industry that just now is coming into its own. Presidents Message The children's fitness industry has exploded over the last few years and will continue to grow at a very fast pace. Our franchise package has been developed and designed to respond to childrens' wants and expectations when it comes to fun in a wholesome SAFE place. We are a new industry much like the sub sandwich shops industry was 15 years ago. As a Fun Bus Franchisee you will be in on the ground floor and staking your claim in this billion dollar industry. The Friendship Factory commitment to value and concern for safety will give you the foundation you could not possibly get - until now! A Dynamic Plan for Your Growth. By focusing our energies on quality, Fun Bus operating plan is enabling our Franchisees to increase sales, lower costs and increase cash flow, placing you in an even stronger position to succeed. In Numbers there is Strength. By becoming one of our Franchisees, you join an elite group chosen for their ability, knowledge, and a sincere desire to grow professionally. By grouping together, the benefit of numbers takes effect. This tremendous power gives you the advantage in purchasing and advertising. This strength is more important today than ever before.