CompuChild

#496

At a Glance

Products & Services: Technology education for children

Number of Locations: 59

Total Investment: $18.5K - 33.6K

Founded: 1994

Began Franchising: 2001

About CompuChild

CompuChild instructors comes to child care centers, schools and community centers to teach computer and technology classes for children, using the standards created by the International Society for Technology in Education as a guide. The Carmel, Indiana, company has been in business since 1994 and began franchising in 2001.

Franchise Units

Year	U.S.	Canadian	International	Company Owned
2013	57	0	0	2
2012	58	0	0	1
2011	61	0	0	1
2010	61	0	0	1
2009	59	0	0	0

Where Seeking Franchisees: Franchisor is seeking new franchise units in the following states:
Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Midwest, Nebraska, North Carolina, North Dakota, Northeast, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South, South Carolina, South Dakota, Southeast, Southwest, Tennessee, Texas, Utah, Virginia, Vermont, West, Washington, Wisconsin, West Virginia, Wyoming.

Startup Costs, Ongoing Fees and Financing

Total Investment: $18,500 - $33,600
Franchise Fee: $12,500 - $17,500
Ongoing Royalty Fee: $150+/mo.
Term of Franchise Agreement: 5 years, renewable

Financial Requirements

Net Worth: $50,000
Liquid Cash Available: $8,000 - $17,500

Operations

Franchise can be run from home. 25% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 1. Absentee ownership of franchise is allowed. (99% of current franchisees are owner/operators).