Thinkertots vs Mind Lab Franchise Comparison

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

Start-Up Costs and Fees

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


Business Experience Requirements

  Thinkertots Mind Lab
Experience

Financing Options

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

Training & Support

  Thinkertots Mind Lab
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

  Thinkertots Mind Lab
US Expansion
Canada Expansion
International Expansion

Start-Up Costs and Fees Mobile

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


Business Experience Requirements

Experience
Thinkertots
Mind Lab

Financing Options

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

Training & Support

Training
Thinkertots * Available at headquarters: 2 weeks * At franchisee's location: 4 days
Mind Lab
Support
Thinkertots
Mind Lab
Marketing
Thinkertots
Mind Lab
Operations
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)
Mind Lab

Expansion Plans

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