- 2022 Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$15K - $30K
- Units as of 2021
-
11 59.3% over 3 years
Here’s what you need to know if you’re interested in opening a CompuChild franchise.
Since 1994, CompuChild has been teaching STEAM (Science, Technology, Engineering, Art, and Math) enrichment classes to children in select states throughout the United States. CompuChild focuses on teaching children in daycares, preschools, and elementary schools to help spark an entrepreneurial spirit in them based on STEAM.
CompuChild believes that if the spirit of learning and innovation is kindled early enough in children, they are bound to carry it throughout their lives. The organization uses fun activities to teach in an effort to encourage lasting impressions on developing minds. Communication is another vital skill that children are taught via the teaching modules of CompuChild.
Since beginning to franchise in 2001, CompuChild has opened several franchises in select locations across the United States and Canada.
Why You May Want To Start a CompuChild Franchise
A CompuChild franchisee is expected to be passionate about children and imparting new skills upon them. A background in STEAM subjects may be a plus for any franchisee. If you also love to make a social impact, then opening a CompuChild franchise may be the perfect fit for you. With a CompuChild franchise, you will have an opportunity to impact future generations.
Another great trait for a franchisee is an entrepreneurial mindset that includes genuine consideration for business, communication, and ethics. Time management, organizational skills, and a background in teaching are also a good combination of traits for a franchisee to have.
A CompuChild franchisee will also have access to an exclusive territory without the possibility of running a home-based franchise. This may mean that you do not have to rent a brick-and-mortar location.
Opening a CompuChild franchise could offer a more predictable outcome than investing in a completely new brand that may struggle to thrive in an already crowded and competitive industry.
What Might Make a CompuChild Franchise a Good Choice?
While CompuChild may sound complicated to run, they tout their business model as simple and easy to operate. The lesson plans are created and run by experts, and top-performing former franchisees may always be at hand to help you run your franchise. CompuChild also has a set of values by which it abides. Communication, ethical decision-making, and financial awareness are some of the values upheld by CompuChild to help plant seeds of entrepreneurial mindset into its students.
To be part of the CompuChild franchise team, you should make sure you’re financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for ongoing fees that will include royalty and renewal fees. Franchisees will also need to meet the company’s set liquid capital requirements.
How To Open a CompuChild Franchise
As you decide if opening a CompuChild franchise is the right move for you, make sure you take time to explore the opportunity. Research the brand and your local area to see if a CompuChild franchise would do well in your community.
Before making any financial commitment or signing an agreement, you must perform your due diligence and establish if this is the right opportunity for you. As part of your due diligence, you may want to speak to existing franchisees and ask the CompuChild franchising team questions.
If awarded a franchise, franchisees may receive support from the CompuChild franchise brand throughout the franchising process. In addition to pre-opening training, CompuChild franchisees receive support through brand awareness, marketing, and research.
Company Overview
About CompuChild
Franchising Overview
- Franchising Since
- 2001 (21 years)
- # of employees at HQ
- 1
- Where seeking
-
This company is seeking new franchisees in the following US states: Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Michigan, Missouri, Mississippi, Montana, North Carolina, Nebraska, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Vermont, West Virginia, Wyoming
This company is seeking new franchisees in the following international regions: Canada
- # of Units
- 11 (as of 2021)
Franchisor Information
Information for Franchisees
Here’s what you need to know if you’re interested in opening a CompuChild franchise.
Financial Requirements & Ongoing Fees
Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
- Initial Franchise Fee
- $7,500 - $12,500
- Initial Investment
- $14,900 - $29,900
- Cash Requirement
- $5,000 - $16,000
- Veteran Incentives
- 20% off franchise fee
- Royalty Fee
- $149-$199/mo.
- Term of Agreement
- 4 years
- Is franchise term renewable?
- Yes
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
- On-The-Job Training
- 4 hours
- Classroom Training
- 4 hours
- Additional Training
- Annual national meeting
- Ongoing Support
-
NewsletterMeetings & ConventionsToll-Free LineGrand OpeningOnline SupportSecurity & Safety ProceduresLease NegotiationField OperationsSite SelectionProprietary SoftwareFranchisee Intranet Platform
- Marketing Support
-
Co-op AdvertisingAd TemplatesNational MediaRegional AdvertisingSocial MediaSEOWebsite DevelopmentEmail MarketingLoyalty Program/App
Operations
Additional details about running this franchise.
- Is absentee ownership allowed?
- Yes
- Can this franchise be run from home/mobile unit?
- Yes
- Can this franchise be run part time?
- Yes
- # of employees required to run
- 1
- Are exclusive territories available?
- Yes
Work with our free FranCoach and get what you need to start a CompuChild franchise.
Franchise 500 Ranking History
Compare where CompuChild landed on this year’s Franchise 500 Ranking versus previous years.
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