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Children's Technology Workshop, The
 

CHILDREN'S TECHNOLOGY WORKSHOP develops and delivers interactive, applied, technology programs through camps, after-school workshops, academic supplementary education and special events and birthday parties. Children aged 7-14 learn video game programming, animation and LEGO robotics through individualized activities structured around exciting adventure themes. If your passion includes educating and encouraging children to learn, explore and create using technology, then we want to speak with you.

Franchisor Background

Year Established:

  1997

Franchising Since:

  2004

Operating Units:

Franchised Units:44 97.8%  
Company-Owned Units:1 2.2%  
 ______ _____  
Total Operating Units:45 100%  
 

Geographic Distribution:

U.S.:30 61.2% In 12 States
Canada:15 30.6% In 2 Canadian Provinces
International:4 8.2% In 4 Foreign Countries
 ______ _____  
Total:49 100%  
 

North America:

States/Provinces with the largest number of operating units:
DensityUnits    
1. Ontario9

Registered in Following Registration States:

   California, Florida, Illinois, Maryland, Michigan, Minnesota, New York, Virginia, Washington, Wisconsin

Financial Requirements

Investment:

Minimum Net Worth:$500K
Cash Investment:$25K
Total Investment:$105-150K
Average Total Investment:$130K
 

Fees:

Initial Franchise Fee:$25K
Average Franchise Fee:$25K
On-Going Royalty:6%
Average Royalty:6%
Advertising Fee:3%

Average Number of Employees:

   1 Full-time, 0 Part-time

Space Needs (in square footage):

  

Preferred Sites:

   Home-based

Other Sites:

   ST Rental Space

Encourage Conversions?

   Yes

Earnings Claims Provided?

   No

Listed in the SBA Registry?

   No

Support and Training

International Franchise Association:Yes
Canadian Franchise Association:Yes
Franchisee Association/Member:No
Size of Corporate Staff:10
Site Selection Assistance?Yes
Lease Negotiation Assistance?Not Applicable
Financial Assistance?Yes, Indirect
 

Marketing Support:

Co-Op Advertising:No
National Advertising:No
Regional Advertising:No
Local Advertising:No
Marketing Materials:None Specified
Additional Services:None Specified
Other Marketing Support:None Specified
 

On-Going Support:

Central Data Processing:Included in Fees
Central Purchasing:Not Applicable
Field Operation Evaluation:Not Applicable
Field Training:Not Applicable
Initial Store Opening:Not Applicable
Inventory Control:Not Applicable
Franchisee Newsletter:Included in Fees
Regional or National Meetings:Included in Fees
800 Telephone Hotline:Included in Fees
 

Training:

1. Toronto, ON1 Week
 

Franchisee Qualifications

Ranked from 1 (unimportant) to 5 (important):
 
Financial Net Worth:3
General Business Experience:3
Specific Industry Experience:4
Formal Education:5
Psychological Profile:5
Personal Interview(s):5

Minority Representation

Units Owned by Minorities:

African-American:N/A
Asian-American:N/A
Hispanic:N/A
Native American:N/A
Other:N/A
Specific Minority:Although we strongly support the objectives of the NMFI, we do not yet have any specific programs in place at this time.

Terms of Contract

Term of Initial Contract:7 Year(s)
Term of Renewal Period: Year(s)
Passive Ownership:Allowed, But Discouraged
Area Development Agreements?Yes, for 0 Year(s)
Sub-Franchising Contracts?Yes
Franchisees Allowed to Expand Within Territory?Yes

Expansion Plans

Projected New Units Over Next 12 months:

   24-30
U.S.:Yes, All United States
Canada:Yes, All Canada
Overseas:No
 
 
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