Children's Technology Workshop vs Monkey Bizness Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Children's Technology Workshop vs Monkey Bizness 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 Bizness Franchise
Investment $81,000 - $105,000$350,000 - $585,000
Franchise Fee $25,000$30,000
Royalty Fee 6%-
Advertising Fee --
Year Founded 19972003
Year Franchised 20042006
Term Of Agreement 7 years-
Term Of Agreement 7 years-
Renewal Fee $1K-


Business Experience Requirements

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

    Financing Options

     
    Children's Technology Workshop Franchise
    Monkey Bizness Franchise
      In-House/3rd PartyIn-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

     
    Children's Technology Workshop Franchise
    Monkey Bizness 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 Bizness Franchise
    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 Monkey Bizness

    Monkey Bizness is an exciting concept in children's amusement where kids truly can 'monkey around'! With colorful, interactive and exciting play structures of all shapes and sizes, kids will never get bored of climbing, bouncing, swinging, sliding and basically-going bananas! We believe in providing wholesome, activity based facilities to get kids off the couch and exercising their bodies and minds. That's why you'll never find video games at Monkey Bizness, only the latest in super fun, super exciting interactive inflatables, play structures,climbing walls, and games. And, don't forget the toddlers' we've got a separate section just for the little ones. A successful franchise doesn't need to have a big name, after all, what does a big name mean to you if you don't have the freshest concept, best support and the ability to keep your facility up to date and competitive. Monkey Bizness started with the idea that in order to grow and remain competitive, we needed facilities that could constantly evolve, grow, and keep customers coming back year after year. We developed our slogan 'where kids monkey around' because we will always be a fun, exciting place for kids and parents to play, regardless of the attractions in our play rooms. We have developed relationships with equipment manufacturers in various industries to design the most physically exciting and visually stimulating equipment for our facilities, all the while keeping an eye out for what's next on the horizon to keep our concept fresh. Ultimately, that's the name of the game in children's amusement. And that is what we offer as a franchisor, a progressive business model that has proven itself against the industry's top competitors. So, you can choose a bigger name, but at the end of the day, wouldn't you rather choose a business model that brings kids through the door, not accolades from the latest business publication?