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Entrepreneur: Start & Grow Your Business

CompuChild

Technology education for children

Background

Founded: 1994 Franchising since: 2001
1800 Halifax St.
Carmel, Indiana 46032
Phone:
(800)619-5437/ (317)817-9817


Franchisor has 2 employee(s); 2 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2009 59 0 0 0
2008 56 0 0 1
2007 58 0 0 1
2006 56 0 0 1
2005 55 0 0 1

Where Seeking Franchisees
In the U.S. 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, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, Utah, Virginia, Vermont, West, Washington, Wisconsin, West virginia, Wyoming

Exclusive territories available.
Territory size: 100-120 preschools & daycare centers within a certain mile radius

Costs and Fees

Total investment: $18.3K-33K
Franchise fee: $12.5K/17.5K
Ongoing royalty fee: $150+/mo.
Term of agreement: 5 years, renewable


Type of Financing Available
In-House Third Party
Franchise Fee Yes Yes
Startup Costs No Yes
Equipment Yes Yes
Inventory No Yes
Accounts Receivable No Yes
Payroll No Yes

Qualifications
Net worth requirement: $50K
Cash liquidity requirement: $8K-17.5K
Business Experience:
  • General business experience
  • Marketing skills

Operations
  • Franchise can be run from home
  • 10% 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)

Training and Support

Training
  • Available at headquarters: Varies
  • At franchisee's location: 3 days
  • Annual national meeting : 3 days

Ongoing Support
  • Newsletter
  • Meetings
  • Toll-free phone line
  • Internet

Marketing Support
  • National media

Rankings

Franchise 500® rank:
#404 (2007);