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Updated RecentlyChildren's Technology Workshop vs Funtopia Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Children's Technology Workshop vs Funtopia 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 | $600,791 - $1,853,381 |
| Franchise Fee | $25,000 | $35,000 - $60,000 |
| Royalty Fee | 6% | 6% |
| Advertising Fee | - | 1% |
| Year Founded | 1997 | 2013 |
| 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 | -/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 | Purchasing Co-ops Meetings/Conventions Grand Opening Field Operations |
| Marketing | Co-op advertising, Ad slicks, Regional advertising | Co-op Advertising National Media 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) | Number of Employees Required to Run: 40 - 80 |
Expansion Plans |
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| US Expansion | - | - |
| 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 Funtopia
Every Funtopia is built upon and always reflects our core values: Safe, Fun, Active, Courteous.
We strongly believe that active entertainment helps children and adults stay healthy and have fun in a shared experience.
It is one of our main goals to reveal the benefits of playing in an exciting and sporty environment where our customers are engaged in diverse physical and mental activities.
The total investment necessary to begin operation of a small Funtopia Active Entertainment Center wall-climbing Active Entertainment Center franchise is $600,791 to $1,117,349. This includes from $434,055 to $498,790 which must be paid to the franchisor or its affiliate, as appropriate.
The total investment necessary to begin operation of a large Funtopia Active Entertainment Center wall-climbing Active Entertainment Center with option of café/food service inside the facility is $1,400,043 to $1,853,381. This includes from $717,441 to $1,010,625 which must be paid to the franchisor or its affiliate, as appropriate.