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Below is an in-depth analysis and side-by-side comparison of Children's Technology Workshop vs Rafiki 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 | $261,450 - $402,667 |
Franchise Fee | $25,000 | N/A |
Royalty Fee | 6% | 5% |
Advertising Fee | - | - |
Year Founded | 1997 | - |
Year Franchised | 2004 | - |
Term Of Agreement | 7 years | 5years+5+5+5 |
Term Of Agreement | 7 years | 5years+5+5+5 |
Renewal Fee | $1K | - |
Business Experience Requirements |
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Experience | - | |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | - | The initial training covers all material aspects of the operation of a RAFIKI franchise and is comprised of classroom and on-the-job training. |
Support | Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations | - |
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 | - | - |
Canada Expansion | No | - |
International Expansion | 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.
Jambo Rafiki! Welcome the opportunity of a lifetime. Have you always wanted to make a positive impact on the children and families in your community? Well here's your chance! We are offering franchises nationwide and looking for the right people who want to own an exciting, healthy, fun and wholesome business in the children's amusement industry. Rafiki also offers a healthy deli and full coffee bar! This is a very exciting time for our company and we are so glad that you have taken the time to learn more about owning and operating your own Rafiki-Where Friends Play center. Rafiki is a fantastic opportunity to use your creative outgoing spirit to build a future of independence, flexibility and pride of ownership for you and your family. We fully understand that our success is directly tied to your success. That is why we are committed to helping you every step of the way. From the moment you join our organization, we will train you in every aspect of owning and operating your Rafiki play facility. We will assist you in selecting a location, and walk with you through every step of the way to opening your facility. Once your facility is open we will provide you with on-going support and supply you with proven marketing tools and materials. Together, we will build and grow your Rafiki! Now is the time to get in on the ground floor of this awesome opportunity before all available franchises in your area have been awarded. Own a RAFIKI Child Entertainment Franchise Business. Contact us!