Not Ranked

Initial Investment

LOW: $62,925
HIGH: $73,250

Change in Units

Promoted Opportunities

Company Profile

Founded

1983

Franchising Since

1988 (28 Years)

Corporate Address

12715 Telge Rd. Cypress, TX 77429

CEO

Carol Hadley

About Computer Explorers

In 1984, personal computers were still considered a luxury, and schools were figuring out how to best use the new technology as a learning tool. Moms Karen Marshall and Mary Rogers saw the teaching potential of computers and began Computertots/Computer Explorers with $1,500, one computer and 10 young students. Franchisees can operate the business using either a manager model or an owner-operated model. A manager employs a staff to assist in the teaching and operation of the business; the owner of an owner-operated model not only teaches classes, but also operates the business.

In 2003, Computertots/Computer Explorers was acquired by The International Center for Entrepreneurial Development Inc., which also owns Kwik Kopy Printing, Kwik Kopy Business Centers, Franklin’s Printing, American Wholesale Thermographers, Copy Club, Women’s Health Boutique and Parcel Plus.

Financials

Financial Requirements

Initial Investment

$62,925 - $73,250

Liquid Cash Requirement

$25,000

Ongoing Fees

Initial Franchise Fee

$35,000

Ongoing Royalty Fee

8%

Ad Royalty Fee

1%

Financing Options

Computer Explorers offers in-house financing to cover the following: franchise fee, startup costs

Computer Explorers has relationships with third-party sources which offer financing to cover the following: 
franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Franchise 500® Rank History

  • 2006 - 333
  • 2007 - 315
  • 2008 - 347
  • 2010 - 477

* Not all years were ranked

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units in the following regions/states: See List

Operations & Franchisor Support

Training Onsite: 2 days

Training at headquarters: 10 business days

Ongoing Support
Newsletter
Meetings
Toll-Free Line
Internet
Security

Marketing Support
Regional Media
National Media

Absentee Ownership Allowed

Number of employees required to run: 6

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: October 10th, 2012

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