Children's Technology Workshop vs Kidz Watch Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Children's Technology Workshop vs Kidz Watch including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
| Investment |
$81,000 - $105,000 | $127,000 - $214,500 |
| Franchise Fee |
$25,000 | $25,000 |
| Royalty Fee |
6% | - |
| Advertising Fee |
- | - |
| Year Founded |
1997 | 2002 |
| Year Franchised |
2004 | 2003 |
| Term Of Agreement |
7 years | - |
| Term Of Agreement |
7 years | - |
| Renewal Fee |
$1K | - |
Business Experience Requirements |
| Experience |
Industry experience General business experience Marketing skills Enthusiasm for technology, engineering, science | - |
Financing Options |
| |
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 |
| 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 |
| 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 Kidz Watch
Do you want to make an incredible contribution to your community while experiencing tremendous business success at the same time? The single unit Kidz Watch franchise opportunity is for you. Our unique hourly, drop-in and flexible full-time childcare service serves an urgent need in communities everywhere.
When a new Kidz Watch Drop-In Childcare center opens its doors grateful parents stream in with their children, eager to take advantage of our trusted and user-friendly service .
A successful Kidz Watch franchise applicant is guided every step of the way by our experienced corporate team at Kidz Watch headquarters. As a franchisee you receive the full benefit of our industry-leading seven-plus years in the short-term childcare business including:
Site selection & center-design
Business Plan and Business Operations training
Administrative and State Regulations Compliance Training
Employee and Caregiving Systems Training - including our on-site "Kidz Watch University" course at our corporate centers in Toledo, OH
Full Marketing Support, including administration of your in-store Customer Relationship Management ("CRM) system.
Ongoing Training and Quality Service Inspections by the Kidz Watch Corporate Team.
The Kidz Watch multi-unit franchise opportunity is ideal for an individual or company looking to capitalize on uncontested market space. In using the unique and proprietary Kidz Watch system for providing hourly, drop-in and flexible full-time childcare, investors can bring a successful service delivery system to their city or community that likely does not yet have a presence and/or competitor for this segment of the commercial childcare industry. The Kidz Watch concept lends itself well to multi-unit development. Our centers are boutique style as compared to traditional childcare facilities and our build-outs are able to customize to virtually any commercial space. Each Kidz Watch serves a relatively tight surrounding market, thereby allowing for easy multi-unit expansion and management.
To the successful Kidz Watch
Multi-Unit Franchise applicant, Kidz Watch offers complete training and guidance in all phases of lead-up, development and operations. Kidz Watch also manages marketing and customer relationship management ("CRM") for all its Kidz Watch franchisees.
Exclusive to multi-unit franchisees who may desire a more passive investment, Kidz Watch makes available additional operational management services outside of its standard franchise agreement.
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