The franchisor is CompuChild Services of America, Inc. To simplify the language in this Disclosure Document, CompuChild Services of America, Inc. may refer to itself as 'we,' 'our' or 'us.' 'You' means the person or entity who buys the franchise, including the owners of any corporation, partnership or limited liability company that purchases the franchise or becomes an Area Developer. We were incorporated in Indiana on February 7, 2001. We are an Indiana corporation. Our principal business address is 1800 Halifax Street, Carmel, IN 46032. We operate our business under the name 'CompuChild.' We do not do business under any other name. We do not maintain a sales office at any location, other than our principal place of business. Since 2001, we have been in the business of selling CompuChild franchises. A list of current and former Franchisees is attached as Exhibit G. Exhibit G also lists licensees sold by our predecessor corporation that are currently operating. We have been operating a business of the type offered in this Disclosure in Rochester, Indiana since 2001. We have not previously nor do we currently offer franchises in other lines of business.
CompuChild Services of America, Inc., a Delaware corporation, was formed by Robert Lasseter in 1994. His principal place of business was 1115 Virginia Avenue, Murfreesboro, TN 37130. The assets of the business were purchased by Rob and Theresa Shafer from Mr. Lasseter in 2001 and the corporate office was relocated to 405 Madison Street, Rochester, Indiana 46975. The Shafer's formed an Indiana corporation in 2001, under the name, CompuChild Services of America, Inc., to offer and sell CompuChild franchises. We have no other parents, predecessors or affiliates.
We offer franchises for the operation of a CompuChild business which teaches children in preschools, daycare centers, and other similar venues about STEAM (Science, Technology, Engineering, Art and Math) educational enrichment programs. The Franchise is normally operated from a home office if local jurisdiction permits. Franchisees market to and conduct classes at preschools, daycare centers, elementary schools and other similar venues. You will determine the number and frequency of the classes you offer (monthly, weekly or bi-weekly). Students are 2-10 years old (primarily between the ages of 3 to 6) and the typical class size is 512 students. Our curriculum includes more than 50 lesson plans for STEAM (Science, Technology, Engineering, Art and Math) enrichment classes such as robotics and digital microscopes that you offer at your discretion. All CompuChild franchises (i) use our trademarks, trade names, service marks and commercial symbols (collectively, the "Proprietary Marks"); and (ii) operate under distinctive operating procedures and standards specified by us (the "System"). A business operated under the Proprietary Marks and System is referred to in this Franchise Disclosure Document as the "Franchise Business" or "Franchise." If approved by us, you, or the shareholders or members of your business entity, will have the right to sign a franchise agreement (the "Franchise Agreement") for the establishment and operation of a Franchise in a geographic area designated in the Franchise Agreement (the "Designated Marketing Area"), which is exclusive to your Franchise. The initial term of the franchise is for 5 years with options for unlimited 5-year renewal terms. You must develop and operate your Franchise according to our standards, processes, procedures and specifications. The distinguishing characteristics of a CompuChild Franchise include distinctive lesson plans, teaching protocols, products and operating methods; uniform standards; procedures for management; technical assistance and training in the operation and management of the Franchise Business; advertising and marketing materials; the Manual(s); and bookkeeping and accounting methods and procedures; all of which may be changed, improved and further developed by us. The terms of each offer we make for franchises under this Disclosure are the same. We reserve the right to change franchise terms for future Franchisees. If we do, this Disclosure will be modified to reflect such changes.
The non-refundable initial franchise fee is $17,500 for the Standard Franchise and $12,500 for the Mini-Territory Franchise. The franchise fee is payable in full by cashier??????????????????s check or bank draft at the time you sign the Franchise Ag
Neither we nor any agent, parent or affiliate offers direct or indirect financing to you or guarantees any note, lease or obligation of yours.
The FTC's Franchise Rule permits a Franchisor to provide information about the actual or potential financial performance of its Franchise and/or franchisor-owned outlets, if there is a reasonable basis for the information, and if the information is included in the disclosure document. Financial performance information that differs from that included in Item 19 may be given only if: (1) a franchisor provides the actual records of an existing outlet you are considering buying; or (2) a franchisor supplements the information provided in this Item 19, for example, by providing information about possible performance at a particular location or under particular circumstances. We do not make any representations about a franchisee's future financial performance or the past financial performance of company-owned or Franchise outlets. We also do not authorize our employees or representatives to make any such representations either orally or in writing. If you are purchasing an existing outlet, however, we may provide you with the actual records of that outlet. If you receive any other financial performance information or projections of your future income, you should report it to the franchisor's management by contacting our President, Julie Standish, 1800 Halifax Street, Carmel, IN 46032 (317-817-9817), the Federal Trade Commission, and the appropriate state regulatory agencies.