The Learning Experience vs Children's Technology Workshop Franchise Comparison

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

Start-Up Costs and Fees

  The Learning Experience Children's Technology Workshop
Investment 544419 - 3586419 81000 - 105000
Franchise Fee 0 0
Royalty Fee 7% 6%
Advertising Fee 1%
Year Founded 1979 1997
Year Franchised 2003 2004
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  The Learning Experience Children's Technology Workshop
Experience $150,000 minimum in liquid capital Industry experience General business experience Marketing skills Enthusiasm for technology, engineering, science

Financing Options

  The Learning Experience Children's Technology Workshop
 
Franchise Fees No No
Start-up Costs No No
Equipment No No
Inventory No No
Receivables No No
Payroll No No

Training & Support

  The Learning Experience Children's Technology Workshop
Training We will teach you everything you need to know to open and operate your center On-The-Job Training: 80 hours Classroom Training: 80 hours
Support Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations
Marketing Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app Co-op advertising, Ad slicks, Regional advertising
Operations Number of employees needed to run franchised unit: 10 - 20 Absentee ownership of franchise is allowed. 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

  The Learning Experience Children's Technology Workshop
US Expansion Arizona, California, Colorado, Connecticut, Florida, Georgia, Illinois, Maryland, Massachusetts, Michigan, New Hampshire, New Jersey, New York, North Carolina, Ohio, Pennsylvania, Tennessee, Texas, Virginia
Canada Expansion
International Expansion

Start-Up Costs and Fees Mobile

Investment
The Learning Experience
Children's Technology Workshop
Franchise Fee
The Learning Experience
Children's Technology Workshop
Royalty Fee
The Learning Experience 7%
Children's Technology Workshop 6%
Advertising Fee
The Learning Experience 1%
Children's Technology Workshop
Year Founded
The Learning Experience 1979
Children's Technology Workshop 1997
Year Franchised
The Learning Experience 2003
Children's Technology Workshop 2004
Term Of Agreement
The Learning Experience 15 years
Children's Technology Workshop 7 years
Renewal Fee
The Learning Experience
Children's Technology Workshop $1K


Business Experience Requirements

Experience
The Learning Experience $150,000 minimum in liquid capital
Children's Technology Workshop Industry experience General business experience Marketing skills Enthusiasm for technology, engineering, science

Financing Options

 
Franchise Fees
The Learning Experience No
Children's Technology Workshop No
Start-up Costs
The Learning Experience
Children's Technology Workshop
Equipment
The Learning Experience}
Children's Technology Workshop
Inventory
The Learning Experience
Children's Technology Workshop
Receivables
The Learning Experience
Children's Technology Workshop
Payroll
The Learning Experience
Children's Technology Workshop

Training & Support

Training
The Learning Experience We will teach you everything you need to know to open and operate your center On-The-Job Training: 80 hours Classroom Training: 80 hours
Children's Technology Workshop
Support
The Learning Experience Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Children's Technology Workshop Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations
Marketing
The Learning Experience Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
Children's Technology Workshop Co-op advertising, Ad slicks, Regional advertising
Operations
The Learning Experience Number of employees needed to run franchised unit: 10 - 20 Absentee ownership of franchise is allowed.
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)

Expansion Plans

US Expansion
The Learning Experience Arizona, California, Colorado, Connecticut, Florida, Georgia, Illinois, Maryland, Massachusetts, Michigan, New Hampshire, New Jersey, New York, North Carolina, Ohio, Pennsylvania, Tennessee, Texas, Virginia
Children's Technology Workshop
Canada Expansion
The Learning Experience
Children's Technology Workshop
International Expansion
The Learning Experience
Children's Technology Workshop