FasTracKids Franchise
Saturday, April 24, 2010 at 02:00PM Enrichment education system for young children
Founded in 1998, FasTracKids International offers an enrichment education system for children ages 3 to 6. The program is a 2-year curriculum covering 12 academic subjects, including astronomy, biology, economics, literature and mathematics.
Start-up Costs & Franchises Fees
What is the total cost to open a FasTracKids Franchises?
Total Cost: $79,000 USD -$189,000 USD
Total Franchise Fees: $22,000 USD
Ongoing Royalty Fees: Variable
Ongoing Advertising Fees: Not Available
Term of Agreement: 5 years
Franchise Agreement Renewal Fee: $1K
Contact Information for FasTracKids
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FasTracKids International Inc. |
Phone Number: (303)224-0200 |
FasTracKids In the Press
No results at this time.Historical Expansion
In what year did FasTracKids begin operations? 1998
When did FasTracKids begin selling franchises? 1998
Year United States Canada International Corporate 2005 98 2 112 0 2004 76 4 121 0 2003 42 8 120 0 2002 20 8 117 0 2001 14 3 101 0
Future Expansion
Countries of Interest:
Franchise Financing Information
Cost In House Financing Available? 3rd Party Financing Available? Franchise Fee No Yes Initial Start-up Capital No Yes Plant, Property, and Equipment No Yes Inventory No Yes Accounts Receivable No Yes Payroll No Yes 3rd Party Financing Available? Financing Source(s): banks & other lending institutions
Training & Support
Support
In the Pressletter, Meetings, Internet
Franchise Operation Restrictions
16% of all franchise business owners own more than one franchise location.Number of employees needed to run franchised unit: 1 - 2
Absentee ownership of franchise is allowed. (100% of current franchise business owners are owner/operators)
Franchise Analyzer Professional's Inside Information
Can you buy this franchise for no money down? YesPlease note: You must download a free copy of Franchise Analyzer Professional to receive these benefits and so much more. Click here to download your FREE copy now.
What key terms in the franchise agreement can be negotiated? Cross-default provisions, arbitration clause, personal guarantee, default cure periods, non-compete agreement, favorable valuations for corporate buyout
Can you negotiate lower royalties during start-up? Yes
Can you purchase multiple franchises for a discounted franchise fee? Yes
Can you receive lower advertising fees? Yes
Will I know when the franchise break even? Yes
Will my personal assets including my home be safe in case my franchise business fails? Yes