Mind Lab vs Thinkertots Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Mind Lab vs Thinkertots including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

  Mind Lab Thinkertots
Investment 35000 - 60000 83100 - 124100
Franchise Fee
Royalty Fee 7%
Advertising Fee
Year Founded 1994 1998
Year Franchised 1994 2005
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  Mind Lab Thinkertots
Experience

Financing Options

  Mind Lab Thinkertots
 
Franchise Fees No
Start-up Costs No
Equipment No
Inventory No
Receivables No
Payroll No

Training & Support

  Mind Lab Thinkertots
Training * Available at headquarters: 2 weeks * At franchisee's location: 4 days
Support
Marketing
Operations * 0% of all franchisees own more than one unit * Number of employees needed to run franchised unit: 3 - 3 * Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

Expansion Plans

  Mind Lab Thinkertots
US Expansion
Canada Expansion
International Expansion

Start-Up Costs and Fees Mobile

Investment
Mind Lab
Thinkertots
Franchise Fee
Mind Lab
Thinkertots
Royalty Fee
Mind Lab
Thinkertots 7%
Advertising Fee
Mind Lab
Thinkertots
Year Founded
Mind Lab 1994
Thinkertots 1998
Year Franchised
Mind Lab 1994
Thinkertots 2005
Term Of Agreement
Mind Lab
Thinkertots 5 years
Renewal Fee
Mind Lab
Thinkertots


Business Experience Requirements

Experience
Mind Lab
Thinkertots

Financing Options

 
Franchise Fees
Mind Lab
Thinkertots
Start-up Costs
Mind Lab
Thinkertots
Equipment
Mind Lab}
Thinkertots
Inventory
Mind Lab
Thinkertots
Receivables
Mind Lab
Thinkertots
Payroll
Mind Lab
Thinkertots

Training & Support

Training
Mind Lab
Thinkertots * Available at headquarters: 2 weeks * At franchisee's location: 4 days
Support
Mind Lab
Thinkertots
Marketing
Mind Lab
Thinkertots
Operations
Mind Lab
Thinkertots * 0% of all franchisees own more than one unit * Number of employees needed to run franchised unit: 3 - 3 * Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

Expansion Plans

US Expansion
Mind Lab
Thinkertots
Canada Expansion
Mind Lab
Thinkertots
International Expansion
Mind Lab
Thinkertots