Children's Technology Workshop
Children's enrichment programs in technology, engineering & scienceBackground
Founded: 1997 Franchising since: 2004
Franchisor is a privately-held company with 10 employee(s); 10 employee(s) in franchise department.
Franchise Growth
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, United states, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Worldwide
|
3220 Yonge St. Toronto, Ontario M4N 2L2 |
Phone: (866)704-2267/ (416)425-2289 |
Franchisor is a privately-held company with 10 employee(s); 10 employee(s) in franchise department.
Franchise Growth
| Year | U.S. Franchises | Canadian Franchises | Foreign Franchises | Company Owned |
| 2007 | 30 | 9 | 4 | 1 |
| 2006 | 24 | 9 | 4 | 1 |
| 2005 | 9 | 9 | 2 | 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, United states, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Worldwide
Costs and Fees
|
Total investment: $50K-184K Franchise fee: $17.5K-25K |
Ongoing royalty fee: 6% Term of agreement: 7 years, renewable |
Type of Financing Available
| In-House | Third Party | |
| Franchise Fee | No | Yes |
| Startup Costs | No | Yes |
| Equipment | No | Yes |
| Inventory | No | Yes |
| Accounts Receivable | No | No |
| Payroll | No | No |
Qualifications
Net worth requirement: $500K
Cash liquidity requirement: $20K-80K
Business Experience:
- Industry experience
- General business experience
- Marketing skills
- Enthusiasm for technology, engineering, science
Operations
- Franchise can be run from home
- 3% of all franchisees own more than one unit
- Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)
Training and Support
Training
Ongoing Support
Marketing Support
- Available at headquarters: 5 days
- Ongoing web & teleconference training
Ongoing Support
- Newsletter
- Meetings
- Toll-free phone line
- Internet
- Security/safety procedures
- Field operations/evaluations
Marketing Support
- Co-op advertising
- Ad slicks
- Regional advertising