Start-Up Costs and Fees |
||
| Children's Technology Workshop | Kidcreate Studio | |
| Investment | 81000 - 105000 | 108860 - 261350 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | 8% |
| Advertising Fee | 1% | |
| Year Founded | 1997 | 2007 |
| Year Franchised | 2004 | 2016 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Children's Technology Workshop | Kidcreate Studio | |
| Experience | Industry experience General business experience Marketing skills Enthusiasm for technology, engineering, science | |
Financing Options |
||
| Children's Technology Workshop | Kidcreate Studio | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Children's Technology Workshop | Kidcreate Studio | |
| Training | On-The-Job Training: 73 hours Classroom Training: 38 hours Additional Training: As needed | |
| Support | Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | Co-op advertising, Ad slicks, Regional advertising | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| 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) | Number of Employees Required to Run: 4 - 12 |
Expansion Plans |
||
| Children's Technology Workshop | Kidcreate Studio | |
| 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 | |
| Kidcreate Studio | |
| Franchise Fee | |
| Children's Technology Workshop | |
| Kidcreate Studio | |
| Royalty Fee | |
| Children's Technology Workshop | 6% |
| Kidcreate Studio | 8% |
| Advertising Fee | |
| Children's Technology Workshop | |
| Kidcreate Studio | 1% |
| Year Founded | |
| Children's Technology Workshop | 1997 |
| Kidcreate Studio | 2007 |
| Year Franchised | |
| Children's Technology Workshop | 2004 |
| Kidcreate Studio | 2016 |
| Term Of Agreement | |
| Children's Technology Workshop | 7 years |
| Kidcreate Studio | |
| Renewal Fee | |
| Children's Technology Workshop | $1K |
| Kidcreate Studio | |
Business Experience Requirements |
|
| Experience | |
| Children's Technology Workshop | Industry experience General business experience Marketing skills Enthusiasm for technology, engineering, science |
| Kidcreate Studio | |
Financing Options |
|
| Franchise Fees | |
| Children's Technology Workshop | No |
| Kidcreate Studio | No |
| Start-up Costs | |
| Children's Technology Workshop | |
| Kidcreate Studio | |
| Equipment | |
| Children's Technology Workshop} | |
| Kidcreate Studio | |
| Inventory | |
| Children's Technology Workshop | |
| Kidcreate Studio | |
| Receivables | |
| Children's Technology Workshop | |
| Kidcreate Studio | |
| Payroll | |
| Children's Technology Workshop | |
| Kidcreate Studio | |
Training & Support |
|
| Training | |
| Children's Technology Workshop | |
| Kidcreate Studio | On-The-Job Training: 73 hours Classroom Training: 38 hours Additional Training: As needed |
| Support | |
| Children's Technology Workshop | Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations |
| Kidcreate Studio | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| Children's Technology Workshop | Co-op advertising, Ad slicks, Regional advertising |
| Kidcreate Studio | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| 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) |
| Kidcreate Studio | Number of Employees Required to Run: 4 - 12 |
Expansion Plans |
|
| US Expansion | |
| Children's Technology Workshop | |
| Kidcreate Studio | 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 | |
| Kidcreate Studio | |
| International Expansion | |
| Children's Technology Workshop | |
| Kidcreate Studio | |