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Updated RecentlyChildren's Technology Workshop Franchise
Children's enrichment programs in technology, engineering & science
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.
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How much does it cost to open a Children's Technology Workshop Franchise?
The investment required to open a Children's Technology Workshop Franchise is between $81,000-$105,000. There is an initial franchise fee of $25,000 which grants you the license to run a business under the Children's Technology Workshop name.
Individual Unit Costs
- Initial Investment:
$81,000-$105,000 - Initial Franchise Fee:
$25,000 - Royalty Fee:
6% - Advertising Fee:
N/A - Term of Agreement:
7 years - Renewal Fee:
$1K
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Children's Technology Workshop News & Press Releases
When did Children's Technology Workshop start Franchising? 2004
| Year | U.S.A. | Canada | International | Corporate |
|---|---|---|---|---|
| 2006 | 22 | 10 | 4 | 1 |
| 2005 | 6 | 9 | 2 | 1 |
| 2004 | 1 | 6 | 1 | 1 |
| 2003 | N/A | N/A | N/A | 1 |
| 2002 | N/A | N/A | N/A | 1 |
| 2001 | N/A | N/A | N/A | 1 |
International:
| Expense | In-House | Third Party |
|---|---|---|
| Franchise Fee | No | Yes |
| Startup Costs | No | Yes |
| Equipment | No | Yes |
| Inventory | No | Yes |
| Accounts Receivable | No | No |
| Payroll | No | No |
Support
Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations
Marketing
Co-op advertising, Ad slicks, Regional advertising
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)
Business Experience:
To calculate how much income a franchise owner can do at Children's Technology Workshop Franchise, may vary on factors like location, size etc., On the other side as a business owner your goals to maintain the quality of service while streaming sales high and expenses low. As any other franchise may include rent/mortgage, staffing/family, inventory supplies, utilities, administrative costs vise vera. Location to location and seasons the months costs may vary. Most franchises start up costs are typically fixed and they will cover most of the initial operating costs like signage, furniture, decoration and renovations.
Listing Tags
Legal Disclaimer: This information is not a franchise offering for Children's Technology Workshop and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recommend that anyone seriously interested in pursuing a Children's Technology Workshop franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.
Children's Technology Workshop
Children's Technology Workshop
109 Vanderhoof Ave., #101
Toronto,
ON
M4G 2H7