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Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$63K - $73K
Unit data is unavailable
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Company Overview

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.

About Computer Explorers

Industry Children's Businesses
Related Categories Children's Enrichment Programs: Miscellaneous, Tutoring, Miscellaneous Children's Businesses, Miscellaneous Services, Miscellaneous Tech Businesses
Founded 1983
Leadership Carol Hadley, CEO
Corporate Address 12715 Telge Rd.
Cypress, TX 77429

Business Overview

Franchising Since 1988 (36 years)
Where seeking

This company is offering new franchises worldwide.

Information for Franchisees

Here's what you need to know if you're interested in opening a Computer Explorers 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 Information Circle
$35,000
Initial Investment Information Circle
$62,925 - $73,250
Cash Requirement Information Circle
$25,000
Royalty Fee Information Circle
8%
Ad Royalty Fee Information Circle
1%
Term of Agreement Information Circle
15 years
Is franchise term renewable? Yes
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Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

In-House Financing Computer Explorers offers in-house financing to cover the following: franchise fee, startup costs
Third Party Financing Computer Explorers has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

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 2 days
Classroom Training 10 business days
Ongoing Support
Newsletter
Meetings & Conventions
Toll-Free Line
Online Support
Security & Safety Procedures
Marketing Support
National Media
Regional Advertising

Operations

Additional details about running this franchise.

Is absentee ownership allowed? No
Can this franchise be run from home/mobile unit? Information Circle
Yes
Can this franchise be run part time? Information Circle
No
# of employees required to run 6
Are exclusive territories available? Information Circle
Yes
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The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022