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Computertots/Computer Explorers, Inc.
 

The newest member of the ICED family of franchises provides educational technology training for childcare centers, preschools and elementary schools. Having taught more than three million classes, we seek entrepreneurs who wish to build a thriving business while providing quality computer education and curriculum for children.

Franchisor Background

Year Established:

  1983

Franchising Since:

  1988

Operating Units:

Franchised Units:107 100%  
Company-Owned Units:0 0%  
 ______ _____  
Total Operating Units:107 100%  
 

Geographic Distribution:

U.S.:101 94.4% In 30 States
Canada:1 0.9% In 1 Canadian Provinces
International:5 4.7% In 4 Foreign Countries
 ______ _____  
Total:107 100%  
 

North America:

States/Provinces with the largest number of operating units:
DensityUnits    
1. California6
2. Illinois6
3. New Jersey6

Registered in Following Registration States:

   California, Florida, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington, Wisconsin, District Of Columbia

Financial Requirements

Investment:

Minimum Net Worth:$100K
Cash Investment:$30K
Total Investment:$62.9-73.3K
Average Total Investment:$68K
 

Fees:

Initial Franchise Fee:$35K
Average Franchise Fee:$35K
On-Going Royalty:8%
Average Royalty:8%
Advertising Fee:1%

Average Number of Employees:

   1 Full-time, 5 Part-time

Space Needs (in square footage):

  

Preferred Sites:

   Home-based

Other Sites:

  

Encourage Conversions?

   Not Applicable

Earnings Claims Provided?

   No

Listed in the SBA Registry?

   No

Support and Training

International Franchise Association:Yes
Canadian Franchise Association:No
Franchisee Association/Member:Yes, Member
Size of Corporate Staff:0
Site Selection Assistance?Not Applicable
Lease Negotiation Assistance?Not Applicable
Financial Assistance?No
 

Marketing Support:

Co-Op Advertising:No
National Advertising:Yes
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:Not Applicable
Central Purchasing:Not Applicable
Field Operation Evaluation:At Additional Cost
Field Training:At Additional Cost
Initial Store Opening:Not Applicable
Inventory Control:Not Applicable
Franchisee Newsletter:At Additional Cost
Regional or National Meetings:At Additional Cost
800 Telephone Hotline:Included in Fees
 

Training:

1. Headquarters2 Weeks
 

Franchisee Qualifications

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

Minority Representation

Units Owned by Minorities:

African-American:7
Asian-American:8
Hispanic:0
Native American:0
Other:0
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:15 Year(s)
Term of Renewal Period:15 Year(s)
Passive Ownership:Not Allowed
Area Development Agreements?No
Sub-Franchising Contracts?No
Franchisees Allowed to Expand Within Territory?No

Expansion Plans

Projected New Units Over Next 12 months:

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