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Updated RecentlyFasTracKids vs Oxford Learning Centres Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of FasTracKids vs Oxford Learning Centres including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $48,117 - $203,517 | $125,000 - $215,000 |
| Franchise Fee | $22,000 | $39,500 |
| Royalty Fee | Variable | 10% |
| Advertising Fee | - | - |
| Year Founded | 1998 | 1984 |
| Year Franchised | 1998 | 1989 |
| Term Of Agreement | 5 years | - |
| Term Of Agreement | 5 years | - |
| Renewal Fee | $1K | - |
Business Experience Requirements |
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| Experience | - | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/Yes | No/No |
| Start-up Costs | No/Yes | No/Yes |
| Equipment | No/Yes | No/Yes |
| Inventory | No/Yes | No/No |
| Receivables | No/Yes | No/No |
| Payroll | No/Yes | No/No |
Training & Support |
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| Training | - | - |
| Support | Newsletter, Meetings, Internet | Newsletter, Meetings, Field operations/evaluations, Purchasing cooperatives |
| Marketing | - | - |
| Operations |
16% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 - 2
Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) |
International franchisees required to buy multiple units/master licenses; 0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 - 10
Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
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| US Expansion | - | - |
| Canada Expansion | No | No |
| International Expansion | Yes | Yes |
Company Overviews
About FasTracKids
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.
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#92 on Franchise Rankings.com
About Oxford Learning Centres
Oxford Learning began in the mid-1980s when a team of education experts came together to create a unique learning program based on research into how children actually learn. Since then, Oxford Learning has grown to include more than 100 locations across Canada and the United States.
Oxford Learning goes beyond tutoring to help students reach their learning potential, not just for one grade or one year but for a lifetime. Our unique programs teach children to learn how to learn. Just one to two hours a week can make a world of difference in developing the right skills and habits to succeed, no matter what the subject or the grade level, and breaking the cycle of hiring tutors year-after-year.
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#83 in Canada's Top franchises.