Computertots vs P3 Party Place Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Computertots vs P3 Party Place including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Computertots Franchise
P3 Party Place Franchise
Investment $47,700 - $66,300$88,000 - $144,000
Franchise Fee $30,000N/A
Royalty Fee 8%-
Advertising Fee --
Year Founded 1983-
Year Franchised 1988-
Term Of Agreement 15 years-
Term Of Agreement 15 years-
Renewal Fee 5% of franchise fee-


Business Experience Requirements

 
Computertots Franchise
P3 Party Place Franchise
Experience
  • General business experience
  • Marketing skills
  • -

    Financing Options

     
    Computertots Franchise
    P3 Party Place Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees Yes/No-/-
    Start-up Costs No/No-/-
    Equipment No/No-/-
    Inventory No/No-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support

     
    Computertots Franchise
    P3 Party Place Franchise
    Training --
    Support Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures-
    Marketing National media, Regional advertising-
    Operations Franchise can be run from home.

    International franchisees required to buy multiple units/master licenses; 10% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 6

    Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

    -

    Expansion Plans

     
    Computertots Franchise
    P3 Party Place Franchise
    US Expansion --
    Canada Expansion No-
    International Expansion Yes-

    Company Overviews

    About Computertots

    Computertots is now a subsidiary of ComputerExplorers In 1984, personal computers were still considered a luxury, and schools were figuring out how to best use the new technology as a learning tool. Moms Karen Marshall and Mary Rogers saw the teaching potential of computers and began Computertots/Computer Explorers with $1,500, one computer and 10 young students. Franchisees can operate the business using either a manager model or an owner-operated model. A manager employs a staff to assist in the teaching and operation of the business; the owner of an owner-operated model not only teaches classes, but also operates the business.

    In 2003, Computertots/Computer Explorers was acquired by The International Center for Entrepreneurial Development Inc., which also owns Kwik Kopy Printing, Kwik Kopy Business Centers, Franklin's Printing, American Wholesale Thermographers, Copy Club, Women's Health Boutique and Parcel Plus.

    About P3 Party Place


    P3 Party Place provides daycare, pre-school, recreation facilities, and enrichment activities for children.

    The P3 Party Place Team was the first to recognize the extraordinary business opportunity in providing a safe indoor children's recreation facility that provides multiple programs for busy parents that care about their children.If you're looking for a unique, differentiated brand backed by an experienced, dedicated franchise development team, you've found the perfect franchise opportunity! Management experience is not necessary, but you must love having fun and you must love children. We provide the cutting-edge tools and customized support you will need to get you off to a fast start and quickly develop a successful franchise business. As a franchisee, you'll enjoy:
    • A turnkey operating system
    • Staff training program
    • Step-by-step facility opening manual
    • Customized marketing materials
    • Be Your Own Boss, But Never Be Alone!