Children's Technology Workshop vs We Rock the Spectrum Kid's Gym Franchise Comparison

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

Start-Up Costs and Fees
 
Children's Technology Workshop Franchise
We Rock the Spectrum Kid's Gym Franchise
Investment $81,000 - $105,000$92,678 - $206,378
Franchise Fee $25,000$50,000
Royalty Fee 6%-
Advertising Fee --
Year Founded 19972013
Year Franchised 20042013
Term Of Agreement 7 years-
Term Of Agreement 7 years-
Renewal Fee $1K-


Business Experience Requirements
 
Children's Technology Workshop Franchise
We Rock the Spectrum Kid's Gym Franchise
Experience
  • Industry experience
  • General business experience
  • Marketing skills
  • Enthusiasm for technology, engineering, science
    		• -

    Financing Options
     
    Children's Technology Workshop Franchise
    We Rock the Spectrum Kid's Gym 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
    We Rock the Spectrum Kid's Gym 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
    We Rock the Spectrum Kid's Gym 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 We Rock the Spectrum Kid's Gym

    We Rock the Spectrum Kid’s Gym is an international franchise with a successful business model, great reputation, established clientele, and a rapidly growing customer base. WRTS has enormous marketing potential due to the significant rise in the number of children being diagnosed with autism and sensory processing disorders. The latest reports from the CDC estimate 1-in-68 children worldwide has been diagnosed with an autism-related disorder, and 1 out of 6 children has been diagnosed with SPD or another neurological disorder. Our services and activities are designed to cater to all children, no matter their development. We strive to provide an amazing example of how we can help all children grow and develop by providing an all inclusive environment.

    The kid’s party industry provides a promising business model in the United States and internationally as well. With WRTS specializing in sensory equipment, all kids can benefit from our inclusive activities and unique facilities. We are a gym that caters to children of ALL abilities.

    To get started on opening your own We Rock the Spectrum Kid’s Gym, you will first need to sign our NDA (Non-Disclosure Agreement). After which, we will give you a call to discuss your qualifications and give you an overview with our Franchise Developer. If you meet all of our requirements and we think it’s a good fit, we will send you the FDD to review, schedule some follow up calls to discuss, send you an application and run a background check. Then you will have an interview with our CEO and Founder, Dina Kimmel, and lastly we set up validation calls with various owners so you can ask them first-hand what it’s like to open a WRTS gym.

    The franchisor offers 3 franchise programs:
    Single Gym Program. Under this program, you will sign a Franchise Agreement to operate one WRTS Kid’s Gym. The total investment necessary to begin operation of a WRTS Kid’s Gym ranges from $118,578 to $182,378. This includes $56,520 that must be paid to the franchisor or their affiliate.
    Area Development Program. Under this program, the franchisor will assign you a defined area within which you must develop and operate a  inimum of 2 WRTS Kid’s Gyms within a specified period of time. The total investment necessary to begin operation of the first of 2 WRTS Kid’s Gyms under an Area Development Agreement ranges from $139,578 to $206,378. This includes $76,520 that must be paid to the franchisor or their affiliate.
    We Rock on Wheels Program. Under this program, you will sign a Franchise Agreement to operate one mobile WRTS Kid’s Gym. The total investment necessary to begin operation of a mobile WRTS Kid’s Gym ranges from $92,678 to $103,928. This includes between $35,520 and $35,770 that must be paid to the franchisor or their affiliate.