Start-Up Costs and Fees |
||
| Children's Technology Workshop | Adventure Kids Playcare | |
| Investment | 81000 - 105000 | 350000 - 589000 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | 5% |
| Advertising Fee | ||
| Year Founded | 1997 | 2004 |
| Year Franchised | 2004 | 2006 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Children's Technology Workshop | Adventure Kids Playcare | |
| Experience | Industry experience General business experience Marketing skills Enthusiasm for technology, engineering, science | |
Financing Options |
||
| Children's Technology Workshop | Adventure Kids Playcare | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Children's Technology Workshop | Adventure Kids Playcare | |
| Training | * Available at headquarters: 10 days * At franchisee's location: 5 days | |
| Support | Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations | * Newsletter * Toll-free phone line * Grand opening * Internet * Security/safety procedures * Field operations/evaluations * Purchasing cooperatives |
| Marketing | Co-op advertising, Ad slicks, Regional 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) | * 20% of all franchisees own more than one unit * Number of employees needed to run franchised unit: 15 - 20 * Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
||
| Children's Technology Workshop | Adventure Kids Playcare | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Children's Technology Workshop | |
| Adventure Kids Playcare | |
| Franchise Fee | |
| Children's Technology Workshop | |
| Adventure Kids Playcare | |
| Royalty Fee | |
| Children's Technology Workshop | 6% |
| Adventure Kids Playcare | 5% |
| Advertising Fee | |
| Children's Technology Workshop | |
| Adventure Kids Playcare | |
| Year Founded | |
| Children's Technology Workshop | 1997 |
| Adventure Kids Playcare | 2004 |
| Year Franchised | |
| Children's Technology Workshop | 2004 |
| Adventure Kids Playcare | 2006 |
| Term Of Agreement | |
| Children's Technology Workshop | 7 years |
| Adventure Kids Playcare | 10 years |
| Renewal Fee | |
| Children's Technology Workshop | $1K |
| Adventure Kids Playcare | |
Business Experience Requirements |
|
| Experience | |
| Children's Technology Workshop | Industry experience General business experience Marketing skills Enthusiasm for technology, engineering, science |
| Adventure Kids Playcare | |
Financing Options |
|
| Franchise Fees | |
| Children's Technology Workshop | No |
| Adventure Kids Playcare | No |
| Start-up Costs | |
| Children's Technology Workshop | |
| Adventure Kids Playcare | |
| Equipment | |
| Children's Technology Workshop} | |
| Adventure Kids Playcare | |
| Inventory | |
| Children's Technology Workshop | |
| Adventure Kids Playcare | |
| Receivables | |
| Children's Technology Workshop | |
| Adventure Kids Playcare | |
| Payroll | |
| Children's Technology Workshop | |
| Adventure Kids Playcare | |
Training & Support |
|
| Training | |
| Children's Technology Workshop | |
| Adventure Kids Playcare | * Available at headquarters: 10 days * At franchisee's location: 5 days |
| Support | |
| Children's Technology Workshop | Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations |
| Adventure Kids Playcare | * Newsletter * Toll-free phone line * Grand opening * Internet * Security/safety procedures * Field operations/evaluations * Purchasing cooperatives |
| Marketing | |
| Children's Technology Workshop | Co-op advertising, Ad slicks, Regional advertising |
| Adventure Kids Playcare | * Ad slicks * Regional advertising |
| Operations | |
| Children's Technology Workshop | 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) |
| Adventure Kids Playcare | * 20% of all franchisees own more than one unit * Number of employees needed to run franchised unit: 15 - 20 * Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Children's Technology Workshop | |
| Adventure Kids Playcare | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | |
| Children's Technology Workshop | |
| Adventure Kids Playcare | |
| International Expansion | |
| Children's Technology Workshop | |
| Adventure Kids Playcare | |