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Below is an in-depth analysis and side-by-side comparison of Children's Technology Workshop vs Club Scientific 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 | $55,825 - $89,220 |
Franchise Fee | $25,000 | $20,000 |
Royalty Fee | 6% | 6% |
Advertising Fee | - | 1% |
Year Founded | 1997 | 1997 |
Year Franchised | 2004 | 2007 |
Term Of Agreement | 7 years | 5 years +5 |
Term Of Agreement | 7 years | 5 years +5 |
Renewal Fee | $1K | no fee |
Business Experience Requirements |
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Experience | �General business experience and College Degree �Experience working with children | |
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 | - | - |
Support | Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations | Meetings, Online registration and management, Grand opening, Internet, Security/safety procedures, Field operations/evaluations Marketing Ad slicks, branded e-mail marketing. Marketing manual. |
Marketing | Co-op advertising, Ad slicks, Regional advertising | - |
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 |
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US Expansion | - | Yes |
Canada Expansion | 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.
A Unique Opportunity to Enrich the Lives of Children in Your Community!
Since 1997, Club Scientific, LLC has been in the business of providing children with structured science-themed activities in a fun and nurturing environment. During that time, our company has evolved with new enrichment opportunities, innovative curriculum, and a proven model of success. Our team has its sights on the future and the future looks quite exciting!Club Scientific, LLC, is looking for franchisees that share our commitment in providing a high quality science enrichment programs that promotes an interest in science and technology through experiments and projects that are hands-on and fun.
Your Club Scientific Franchise represents a unique business opportunity: family oriented, great business potential, a modest investment, booming child enrichment demand, and the on-going support of a professional franchisor that is focused on your success.