|
Below is an in-depth analysis and side-by-side comparison of FasTracKids vs Learning Jungle including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $48,117 - $203,517 | $180,000 - $400,000 |
Franchise Fee | $22,000 | $40,000 |
Royalty Fee | Variable | - |
Advertising Fee | - | - |
Year Founded | 1998 | 2002 |
Year Franchised | 1998 | 2005 |
Term Of Agreement | 5 years | - |
Term Of Agreement | 5 years | - |
Renewal Fee | $1K | - |
Business Experience Requirements |
||
Experience | - | - |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/Yes | -/- |
Payroll | No/Yes | -/- |
Training & Support |
||
Training | - | - |
Support | Newsletter, Meetings, Internet | - |
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) | - |
Expansion Plans |
||
US Expansion | - | - |
Canada Expansion | No | No |
International Expansion | Yes | No |
Leveraging over 24 years of childcare experience and combining it with the unique Multiple Intelligence Learning Philosophy, Learning Jungle Schools are proud providers of quality early learning and care for children and families in the communities they serve. Franchisees receive assistance in site selection and demographic analysis, business planning, centre design, comprehensive training, childcare management software, opening, advertising and marketing, ongoing operational support and more.