|
Below is an in-depth analysis and side-by-side comparison of Children's Technology Workshop vs We Rock the Spectrum Kid's Gym including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $81,000 - $105,000 | $92,678 - $206,378 |
Franchise Fee | $25,000 | $50,000 |
Royalty Fee | 6% | - |
Advertising Fee | - | - |
Year Founded | 1997 | 2013 |
Year Franchised | 2004 | 2013 |
Term Of Agreement | 7 years | - |
Term Of Agreement | 7 years | - |
Renewal Fee | $1K | - |
Business Experience Requirements |
||
Experience | - | |
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 | - | - |
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.
We Rock the Spectrum Kid’s Gym is an international franchise with a successful business model, great reputation, established clientele, and a rapidly growing customer base. WRTS has enormous marketing potential
due to the significant rise in the number of children being diagnosed
with autism and sensory processing disorders.
The latest reports from the CDC estimate 1-in-68 children worldwide has been diagnosed with an autism-related disorder, and 1 out of 6 children has been diagnosed with SPD or another neurological disorder. Our services and activities are designed to cater to all children, no matter their development. We strive to provide an amazing example of how we can help all children grow and develop by providing an all inclusive environment.