| ||||
Updated RecentlyChildren's Technology Workshop vs Adventure Kids Playcare Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Children's Technology Workshop vs Adventure Kids Playcare including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $81,000 - $105,000 | $350,000 - $589,000 |
| Franchise Fee | $25,000 | $29,500 |
| Royalty Fee | 6% | 5% |
| Advertising Fee | - | - |
| Year Founded | 1997 | 2004 |
| Year Franchised | 2004 | 2006 |
| Term Of Agreement | 7 years | 10 years |
| Term Of Agreement | 7 years | 10 years |
| Renewal Fee | $1K | - |
Business Experience Requirements |
||
| Experience | - | |
Financing Options |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/Yes | No/Yes |
| Start-up Costs | No/Yes | No/Yes |
| Equipment | No/Yes | No/Yes |
| Inventory | No/Yes | No/Yes |
| Receivables | No/No | No/Yes |
| Payroll | No/No | No/Yes |
Training & Support |
||
| Training | - | * Available at headquarters: 10 days * At franchisee's location: 5 days |
| Support | Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations | * Newsletter * Toll-free phone line * Grand opening * Internet * Security/safety procedures * Field operations/evaluations * Purchasing cooperatives |
| Marketing | Co-op advertising, Ad slicks, Regional 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) | * 20% of all franchisees own more than one unit * Number of employees needed to run franchised unit: 15 - 20 * Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
||
| US Expansion | - | Yes |
| Canada Expansion | No | - |
| International Expansion | 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 Adventure Kids Playcare
We are seeking unique individuals to award our Adventure Kids Playcare franchises. Qualified applicants must have an energetic and positive personality, love being around children and making a difference in their lives, and possess strong people skills. Applicants should also be committed to the highest quality of customer service and operational excellence. If you have a passion for children and a desire to begin a business that: * focuses on allowing children to play, explore and learn * provides parents peace of mind that their children are in a safe and secure environment * supports you with a fun, satisfying career while maintaining family focus * requires a reasonable investment * provides an excellent potential for financial and personal growth... then you've come to the right place!