|
Below is an in-depth analysis and side-by-side comparison of Children's Technology Workshop vs J.W. Tumbles including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $81,000 - $105,000 | $155,150 - $225,900 |
Franchise Fee | $25,000 | $42,900 |
Royalty Fee | 6% | $500/mo. |
Advertising Fee | - | - |
Year Founded | 1997 | 1985 |
Year Franchised | 2004 | 1993 |
Term Of Agreement | 7 years | - |
Term Of Agreement | 7 years | - |
Renewal Fee | $1K | - |
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 | - | In addition to the mandatory initial franchise training, we also offer optional training by request. An annual meeting as well as business training is also available. |
Support | Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations | Meetings, Toll-free phone line, Grand opening, Internet |
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) |
International franchisees required to buy multiple units/master licenses; 30% of all franchisees own more than one unit Number of employees needed to run franchised unit: 6 Absentee ownership of franchise is NOT allowed. (90% of current franchisees are owner/operators) |
Expansion Plans |
||
US Expansion | - | Yes |
Canada Expansion | No | No |
International Expansion | Yes | Yes |
The Childrens 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.
Fewer than half of American children get the exercise they need for good health, and only about one-third of elementary and secondary schools offer daily physical education classes. Jeff and Melissa Woods opened the first J.W. Tumbles in Solano Beach, California, in 1985, hoping to remedy this situation. The company opened its first franchise operation in Tucson, Arizona.
J.W. Tumbles is a skill- and confidence-building program that promotes self-esteem and physical health in children aged 4 months to 9 years. Each class in its 'Fun'damentals program delivers challenging, noncompetitive activities. The program focuses on improving motor skills, spatial awareness, manipulative skills, coordination, balance, agility, flexibility, rhythm, strength, social awareness and sportsmanship. Franchisees can teach the program at their locations or use a van to take the fitness programs to schools. The company also offers summer and winter camps.