Rank no. 496 – CompuChild – US
Products & Services: Children’s technology education
Number of Locations: 51
Total Investment: $18.29K – 33K
Began Franchising: 2001
CompuChild instructors comes to child care centers, schools and community centers to teach computer and technology classes for children, using the standards created by the International Society for Technology in Education as a guide. The Carmel, Indiana, company has been in business since 1994 and began franchising in 2001.
Where Seeking Franchisees: Franchisor is seeking new franchise units in the following states:
Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Midwest, Nebraska, North Carolina, North Dakota, Northeast, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South, South Carolina, South Dakota, Southeast, Southwest, Tennessee, Texas, Utah, Virginia, Vermont, West, Washington, Wisconsin, West Virginia, Wyoming.
Startup Costs, Ongoing Fees and Financing
Total Investment: $18,300 – $33,000
Franchise Fee: $12,500 – $17,500
Ongoing Royalty Fee: $150+/mo.
Term of Franchise Agreement: 5 years, renewable
Net Worth: $50,000
Liquid Cash Available: $8,000 – $17,500
Franchise can be run from home. 25% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 1. Absentee ownership of franchise is allowed. (99% of current franchisees are owner/operators).
How This Franchise Supports Franchisees
Training: Available at headquarters: Varies. At franchisee’s location: 3 days. Annual national meeting : 3 days.
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Internet
Marketing Support: National media,
Franchise Ranking History
Franchise 500®: #496 (2013), #457 (2012), #253 (2011), #494 (2010),
Low-Cost: #97 (2013), #54 (2011),
Top Home-Based: #78 (2011),
Since 1994, CompuChild has provided computer education to thousands of children throughout the United States. CompuChild Program Directors provide their service on-site at child care centers, schools and community centers that strive to enhance the service and opportunities they provide to the parents and children they serve.
Classes are conducted either on a twice-monthly or a weekly basis. CompuChild makes it very easy for schools and centers to participate because we do all the work for them. CompuChild classes are a low-cost opportunity for parents to provide their children with valuable computer and technology education using age-appropriate academic software and peripherals.
CompuChild operates in over 25 states. Each CompuChild franchise is locally owned and operated, but supported by an experienced franchisor. CompuChild Services of America, Inc, the franchisor, is a privately owned corporation with an office in Carmel, Indiana, a suburb of Indianapolis.
Honors and Awards
CompuChild offers a supportive and professional environment for franchisee success. Just ask the franchisees like the Franchise Business Review has been doing for the past four years. Each year CompuChild has earned FBR Franchisee Satisfaction Award being named in the Top 50!
CompuChild values our nation’s service members and offers a Military Benefit Program for veterans, service personel and their spouses, including a dicscount off the initial franchise fee. G.I. Jobs Magazine has recognized our committment to military families. We are honored to be named to the Military Friendly Franchise® list and have enjoyed this honor since the list was first started. The list is determined through exhaustive research by the G.I. Jobs Military Friendly Franchise team. The research includes a comprehensive survey of more than 4,000 franchises. This honor ranks CompuChild in the top 10% of all franchises nationwide.