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Below is an in-depth analysis and side-by-side comparison of Children's Technology Workshop vs Sweet Kiddles 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 | $423,400 - $712,650 |
Franchise Fee | $25,000 | $40,000 |
Royalty Fee | 6% | 5% |
Advertising Fee | - | 2% to 3% |
Year Founded | 1997 | 2012 |
Year Franchised | 2004 | 2015 |
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 | - | Our training program begins with at-home preparation 10 business days of training at the Corporate Support Center 7 days onsite at the franchisees business during launch. |
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) | Owner to run the business day-to-day for at least the first few years. |
Expansion Plans |
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US Expansion | - | Yes |
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.
Sweet Kiddles operates high-quality flexible childcare centers which provide care for children from ages 6 weeks to 12 years. Families may use childcare full-time, part-time, by the day or by the hour. Centers range from 6,000-7,000 square feet, have indoor and outdoor play space, and are open evenings and Saturdays.
Software License Fee $3000
Weekly software service fee $50/week
Sweet Kiddles has corporate owned centers in Strongsville and Medina, Ohio, and is concentrating its initial franchise expansion in the northeast part of the state (the Greater Cleveland area), with plans to expand our reach to the rest of Ohio and surrounding states. We anticipate there will be increasing interest in our model of high-quality, flexible care, and welcome all inquiries; if you're located outside our initial target area, please contact us so that we can keep you apprised of opportunities as we grow.
Franchise information can be requested via phone (216) 410-8762, email [email protected], or at sweetkiddles.com