Children's Technology Workshop vs Monkey Joe's Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Children's Technology Workshop vs Monkey Joe's including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Children's Technology Workshop Franchise
Monkey Joe's Franchise
Investment $81,000 - $105,000$918,088 - $1,484,129
Franchise Fee $25,000$40,000
Royalty Fee 6%5%
Advertising Fee -2%-3%
Year Founded 19972004
Year Franchised 20042005
Term Of Agreement 7 years10 years
Term Of Agreement 7 years10 years
Renewal Fee $1K0


Business Experience Requirements

 
Children's Technology Workshop Franchise
Monkey Joe's Franchise
Experience
  • Industry experience
  • General business experience
  • Marketing skills
  • Enthusiasm for technology, engineering, science
  • -

    Financing Options

     
    Children's Technology Workshop Franchise
    Monkey Joe's Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/YesNo/Yes
    Start-up Costs No/YesNo/Yes
    Equipment No/YesNo/Yes
    Inventory No/YesNo/Yes
    Receivables No/NoNo/Yes
    Payroll No/NoNo/Yes

    Training & Support

     
    Children's Technology Workshop Franchise
    Monkey Joe's Franchise
    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

     
    Children's Technology Workshop Franchise
    Monkey Joe's Franchise
    US Expansion --
    Canada Expansion NoNo
    International Expansion YesNo

    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 Monkey Joe's

     When you become a Monkey Joe's franchisee, you'll benefit from our help every step of the way. Our experts will provide training and ongoing support to help you successfully build your business. We assist and support all franchisees with:

     Site Selection
    Store Build-Out and Consultation
    Finance Package
    Equipment Package
    Complete Training Program
    Operations Manual and Ongoing Support
    Marketing and Public Relations Support