Children's Technology Workshop vs Kidcreate Studio Franchise Comparison

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

Start-Up Costs and Fees

 
Children's Technology Workshop Franchise
Kidcreate Studio Franchise
Investment $81,000 - $105,000$108,860 - $261,350
Franchise Fee $25,000$45,000
Royalty Fee 6%8%
Advertising Fee -1%
Year Founded 19972007
Year Franchised 20042016
Term Of Agreement 7 years-
Term Of Agreement 7 years-
Renewal Fee $1K-


Business Experience Requirements

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

    Financing Options

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

    Training & Support

     
    Children's Technology Workshop Franchise
    Kidcreate Studio Franchise
    Training - On-The-Job Training: 73 hours Classroom Training: 38 hours Additional Training: As needed
    Support Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluationsPurchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
    Marketing Co-op advertising, Ad slicks, Regional advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
    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)

    Number of Employees Required to Run: 4 - 12

    Expansion Plans

     
    Children's Technology Workshop Franchise
    Kidcreate Studio Franchise
    US Expansion -Yes
    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 Kidcreate Studio

    "KidcreateOwning a Kidcreate Studio franchise means enjoying many of the benefits of small business ownership, including leaving the corporate grind behind for a more flexible balance of work and home, taking control of your financial destiny and charting a path for your future, and creating a legacy that will serve your family and community for years to come.
    Owning a Kidcreate Studio offers you the dual benefit of a deep sense of purpose and a financially-rewarding career.
    Kidcreate offers a unique business model with the ability to bring our highly sought-after curriculum to child friendly businesses in the community with our mobile business, as well as the option to offer classes and camps in a beautiful brick & mortar studio location. If you prefer, you can start with the mobile business and add the studio on down the line!
    Partner with community bodies united in the fight against the decline of art education, and you can become a well-respected voice of change as the face of their local Kidcreate Studio.
    Kidcreate Studio is a one-of-a-kind experiential business that cannot be replicated by the online giants. Kidcreate Studio has thrived during the 2008/09 economic crisis and now COVID-19. You’ll sleep soundly knowing your new business is proven to be recession-resistant.
    With the ability to open locations in as little as 60 days, you can grow your Kidcreate Studio empire to encompass the entire region with multiple units or stick to a single location in your neighborhood- as a Franchise Owner, it’s up to you!
    With the On-The-Go model, you can start generating revenues from your business almost immediately. Ongoing overhead costs are kept extremely low for impressive profit margins. The ability to add a brick and mortar studio down the line creates additional revenue streams and cross marketing.
    Veteran Incentives  10% off franchise fee