Start-Up Costs and Fees |
||
| Discovery Point | Computertots | |
| Investment | 405572 - 3443722 | 47700 - 66300 |
| Franchise Fee | 0 | |
| Royalty Fee | 4.7K-$6.5K/mo. | 8% |
| Advertising Fee | 1.8K/mo. | |
| Year Founded | 1988 | 1983 |
| Year Franchised | 1990 | 1988 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Discovery Point | Computertots | |
| Experience | General business experience Marketing skills | |
Financing Options |
||
| Discovery Point | Computertots | |
| Franchise Fees | Yes | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Discovery Point | Computertots | |
| Training | On-The-Job Training: 80 hours Classroom Training: 80 hours Additional Training: At existing center | |
| Support | Purchasing Co-ops Meetings/Conventions Grand Opening Online Support Field Operations Site Selection | Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures |
| Marketing | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing | National media, Regional advertising |
| Operations | Number of Employees Required to Run: 35 | 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) |
Expansion Plans |
||
| Discovery Point | Computertots | |
| 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 | |
| Discovery Point | |
| Computertots | |
| Franchise Fee | |
| Discovery Point | |
| Computertots | |
| Royalty Fee | |
| Discovery Point | 4.7K-$6.5K/mo. |
| Computertots | 8% |
| Advertising Fee | |
| Discovery Point | 1.8K/mo. |
| Computertots | |
| Year Founded | |
| Discovery Point | 1988 |
| Computertots | 1983 |
| Year Franchised | |
| Discovery Point | 1990 |
| Computertots | 1988 |
| Term Of Agreement | |
| Discovery Point | 20 years |
| Computertots | 15 years |
| Renewal Fee | |
| Discovery Point | |
| Computertots | 5% of franchise fee |
Business Experience Requirements |
|
| Experience | |
| Discovery Point | |
| Computertots | General business experience Marketing skills |
Financing Options |
|
| Franchise Fees | |
| Discovery Point | |
| Computertots | |
| Start-up Costs | |
| Discovery Point | |
| Computertots | |
| Equipment | |
| Discovery Point} | |
| Computertots | |
| Inventory | |
| Discovery Point | |
| Computertots | |
| Receivables | |
| Discovery Point | |
| Computertots | |
| Payroll | |
| Discovery Point | |
| Computertots | |
Training & Support |
|
| Training | |
| Discovery Point | On-The-Job Training: 80 hours Classroom Training: 80 hours Additional Training: At existing center |
| Computertots | |
| Support | |
| Discovery Point | Purchasing Co-ops Meetings/Conventions Grand Opening Online Support Field Operations Site Selection |
| Computertots | Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures |
| Marketing | |
| Discovery Point | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing |
| Computertots | National media, Regional advertising |
| Operations | |
| Discovery Point | Number of Employees Required to Run: 35 |
| 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) |
Expansion Plans |
|
| US Expansion | |
| Discovery Point | 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 |
| Computertots | |
| Canada Expansion | |
| Discovery Point | |
| Computertots | |
| International Expansion | |
| Discovery Point | |
| Computertots | |