Start-Up Costs and Fees |
||
| Computertots | iDropped | |
| Investment | 47700 - 66300 | 60100 - 119089 |
| Franchise Fee | 0 | |
| Royalty Fee | 8% | 6% |
| Advertising Fee | 2% | |
| Year Founded | 1983 | 2012 |
| Year Franchised | 1988 | 2014 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Computertots | iDropped | |
| Experience | General business experience Marketing skills | |
Financing Options |
||
| Computertots | iDropped | |
| Franchise Fees | Yes | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Computertots | iDropped | |
| Training | On-The-Job Training: 40 hours Classroom Training: 40 hours | |
| Support | Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Site Selection |
| Marketing | National media, Regional advertising | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | Franchise can be run from home. International franchisees required to buy multiple units/master licenses; 10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 6 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | Number of Employees Required to Run: 1 - 3 |
Expansion Plans |
||
| Computertots | iDropped | |
| 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 | |
| Computertots | |
| iDropped | |
| Franchise Fee | |
| Computertots | |
| iDropped | |
| Royalty Fee | |
| Computertots | 8% |
| iDropped | 6% |
| Advertising Fee | |
| Computertots | |
| iDropped | 2% |
| Year Founded | |
| Computertots | 1983 |
| iDropped | 2012 |
| Year Franchised | |
| Computertots | 1988 |
| iDropped | 2014 |
| Term Of Agreement | |
| Computertots | 15 years |
| iDropped | |
| Renewal Fee | |
| Computertots | 5% of franchise fee |
| iDropped | |
Business Experience Requirements |
|
| Experience | |
| Computertots | General business experience Marketing skills |
| iDropped | |
Financing Options |
|
| Franchise Fees | |
| Computertots | Yes |
| iDropped | Yes |
| Start-up Costs | |
| Computertots | |
| iDropped | |
| Equipment | |
| Computertots} | |
| iDropped | |
| Inventory | |
| Computertots | |
| iDropped | |
| Receivables | |
| Computertots | |
| iDropped | |
| Payroll | |
| Computertots | |
| iDropped | |
Training & Support |
|
| Training | |
| Computertots | |
| iDropped | On-The-Job Training: 40 hours Classroom Training: 40 hours |
| Support | |
| Computertots | Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures |
| iDropped | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Site Selection |
| Marketing | |
| Computertots | National media, Regional advertising |
| iDropped | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | |
| Computertots | Franchise can be run from home. International franchisees required to buy multiple units/master licenses; 10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 6 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
| iDropped | Number of Employees Required to Run: 1 - 3 |
Expansion Plans |
|
| US Expansion | |
| Computertots | |
| iDropped | 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 | |
| Computertots | |
| iDropped | |
| International Expansion | |
| Computertots | |
| iDropped | |