- Franchise 500 Rank
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N/R Not ranked last year
- Initial investment
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$63K - $73K
- Unit data is unavailable
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N/A
Company Overview
In 2003, Computertots/Computer Explorers was acquired by The International Center for Entrepreneurial Development Inc., which also owns Kwik Kopy Printing, Kwik Kopy Business Centers, Franklin’s Printing, American Wholesale Thermographers, Copy Club, Women’s Health Boutique and Parcel Plus.
About Computer Explorers
| Industry | Children's Businesses |
|---|---|
| Related Categories | Children's Enrichment Programs: Miscellaneous, Tutoring, Miscellaneous Children's Businesses, Miscellaneous Services, Miscellaneous Tech Businesses |
| Founded | 1983 |
| Leadership | Carol Hadley, CEO |
| Corporate Address |
12715 Telge Rd. Cypress, TX 77429 |
Business Overview
| Franchising Since | 1988 (37 years) |
|---|---|
| Where seeking |
This company is offering new franchises worldwide. |
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Information for Franchisees
Here's what you need to know if you're interested in opening a Computer Explorers franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
|
Initial Franchise Fee
|
$35,000 |
|---|---|
|
Initial Investment
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$62,925 - $73,250 |
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Cash Requirement
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$25,000 |
|
Royalty Fee
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8% |
|
Ad Royalty Fee
|
1% |
|
Term of Agreement
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15 years |
| Is franchise term renewable? | Yes |
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
| In-House Financing | Computer Explorers offers in-house financing to cover the following: franchise fee, startup costs |
|---|---|
| Third Party Financing | Computer Explorers has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll |
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
| On-The-Job Training | 2 days |
|---|---|
| Classroom Training | 10 business days |
| Ongoing Support |
Newsletter
Meetings & Conventions
Toll-Free Line
Online Support
Security & Safety Procedures
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| Marketing Support |
National Media
Regional Advertising
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Operations
Additional details about running this franchise.
| Is absentee ownership allowed? | No |
|---|---|
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Can this franchise be run from home/mobile unit?
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Yes |
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Can this franchise be run part time?
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No |
| # of employees required to run | 6 |
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Are exclusive territories available?
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Yes |
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