Start-Up Costs and Fees |
||
| Children's Technology Workshop | Kidbus LLC | |
| Investment | 81000 - 105000 | 50000 - 70000 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | |
| Advertising Fee | ||
| Year Founded | 1997 | 2016 |
| Year Franchised | 2004 | 2018 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Children's Technology Workshop | Kidbus LLC | |
| Experience | Industry experience General business experience Marketing skills Enthusiasm for technology, engineering, science | |
Financing Options |
||
| Children's Technology Workshop | Kidbus LLC | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Children's Technology Workshop | Kidbus LLC | |
| Training | -At Licensee's Location -Manual Provided | |
| Support | Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations | -Advertising/Marketing -Sales Leads -Technical Support -Phone Support |
| Marketing | Co-op advertising, Ad slicks, Regional advertising | |
| Operations | Franchise can be run from home. 20% of all franchisees own more than one unit Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | - Business can be run from home. - Business can be run part-time. |
Expansion Plans |
||
| Children's Technology Workshop | Kidbus LLC | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Children's Technology Workshop | |
| Kidbus LLC | |
| Franchise Fee | |
| Children's Technology Workshop | |
| Kidbus LLC | |
| Royalty Fee | |
| Children's Technology Workshop | 6% |
| Kidbus LLC | |
| Advertising Fee | |
| Children's Technology Workshop | |
| Kidbus LLC | |
| Year Founded | |
| Children's Technology Workshop | 1997 |
| Kidbus LLC | 2016 |
| Year Franchised | |
| Children's Technology Workshop | 2004 |
| Kidbus LLC | 2018 |
| Term Of Agreement | |
| Children's Technology Workshop | 7 years |
| Kidbus LLC | |
| Renewal Fee | |
| Children's Technology Workshop | $1K |
| Kidbus LLC | |
Business Experience Requirements |
|
| Experience | |
| Children's Technology Workshop | Industry experience General business experience Marketing skills Enthusiasm for technology, engineering, science |
| Kidbus LLC | |
Financing Options |
|
| Franchise Fees | |
| Children's Technology Workshop | No |
| Kidbus LLC | No |
| Start-up Costs | |
| Children's Technology Workshop | |
| Kidbus LLC | |
| Equipment | |
| Children's Technology Workshop} | |
| Kidbus LLC | |
| Inventory | |
| Children's Technology Workshop | |
| Kidbus LLC | |
| Receivables | |
| Children's Technology Workshop | |
| Kidbus LLC | |
| Payroll | |
| Children's Technology Workshop | |
| Kidbus LLC | |
Training & Support |
|
| Training | |
| Children's Technology Workshop | |
| Kidbus LLC | -At Licensee's Location -Manual Provided |
| Support | |
| Children's Technology Workshop | Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations |
| Kidbus LLC | -Advertising/Marketing -Sales Leads -Technical Support -Phone Support |
| Marketing | |
| Children's Technology Workshop | Co-op advertising, Ad slicks, Regional advertising |
| Kidbus LLC | |
| Operations | |
| Children's Technology Workshop | Franchise can be run from home. 20% of all franchisees own more than one unit Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
| Kidbus LLC | - Business can be run from home. - Business can be run part-time. |
Expansion Plans |
|
| US Expansion | |
| Children's Technology Workshop | |
| Kidbus LLC | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | |
| Children's Technology Workshop | |
| Kidbus LLC | |
| International Expansion | |
| Children's Technology Workshop | |
| Kidbus LLC | |