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Below is an in-depth analysis and side-by-side comparison of Children's Technology Workshop vs Pacer Leisure Karts 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 | $58,000 - And Up |
Franchise Fee | $25,000 | N/A |
Royalty Fee | 6% | - |
Advertising Fee | - | - |
Year Founded | 1997 | 1992 |
Year Franchised | 2004 | 1992 |
Term Of Agreement | 7 years | - |
Term Of Agreement | 7 years | - |
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 | - | - |
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 | 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.
TRIED............TESTED..............PROVEN! After 16 years of UK success, and as a result of an ever increasing deluge of enquiries from all corners of the globe, our company, one of the world leaders in its automotive field, are now seeking to appoint carefully selected Master Distributors for all countries. As a mark of the company's far seeing outlook, the unheard of low investment required to secure such an exalted status is from just �38,000. This is an exceptional opportunity that not only veers away from the main stream of labour intensive businesses, but one that also offers the chance of a real wealth making and enjoyable experience. Outlet potential for these amazing state of the art Cub karts is almost limitless, and as the ever changing world puts increasing demands on our time, more and more people are seeking outsourced entertainment. Pacer leisure is an exciting and thrilling business to be involved with because it brings tremendous joy to parents and children alike. It is also an all year round business with potential venues in so many diverse areas that the earning capacity is only limited by the boundaries of your own imagination. There are many aspects that make a Cub Kart business a success story worldwide, but there is one common fact that stands out above all others : Children can't wait to drive Cub Karts, and parents will always put their hand in their pocket for their children. Additional income is also generated by sponsorship, merchandising, operating venues, the sale of Regional licenses, royalties, sale of more and more of Cub Kart packages, rental, and many more. SUMMARY: The biggest factor that ensures the success of running a Cub Kart operation, is that any business that encompasses children-wheels-leisure-and happy parents, will never go out of fashion or just be a passing trend. As a result of this, and the fact that the business multiplies on its own momentum, any appointed Master Distributor can look forward to earning potential that will satisfy even the most demanding of entrepreneurs....This point is highlighted by the fact that one 'Regional' distributor in England has earned �200,000 in one year, with a �100,000 a year income being a regular occurrence....and we are talking 'Regional' here, not 'National'