FasTracKids vs Chyten Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of FasTracKids vs Chyten including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
FasTracKids Franchise
Chyten Franchise
Investment $48,117 - $203,517$113,900 - $234,000
Franchise Fee $22,000$37,500
Royalty Fee Variable8%
Advertising Fee -up to 4%
Year Founded 1998-
Year Franchised 1998-
Term Of Agreement 5 years20 years
Term Of Agreement 5 years20 years
Renewal Fee $1K-


Business Experience Requirements
 
FasTracKids Franchise
Chyten Franchise
Experience --

Financing Options
 
FasTracKids Franchise
Chyten Franchise
  In-House/3rd PartyIn-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
 
FasTracKids Franchise
Chyten Franchise
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)

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Expansion Plans
 
FasTracKids Franchise
Chyten Franchise
US Expansion --
Canada Expansion No-
International Expansion 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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About Chyten

If you are looking for a personally, professionally and financially rewarding career, then opening a Chyten Education Center is for you. The dramatic growth of the education industry has created new opportunities for thousands of individuals from diverse walks of life who have turned to education as a new career, just as hundreds of thousands of discerning parents turn to private education providers year after year to help their children excel in school and gain an advantage in the ultra-competitive matriculation process.Chyten is the premier private education provider in the nation. With Master’s degree tutors, highly effective, proprietary strategies, several published preparation manuals and a wide array of educational services, Chyten is unmatched in reputation and earnings potential. Chyten offers a boutique experience that has great appeal to parents who want the best for their children. With services ranging from college counseling to test preparation to academic tutoring and study skills, Chyten centers offer parents one-stop shopping for students of all ages.Chyten has a national sales and support staff firmly in place, and is poised for both fast growth and outstanding support. The entire staff at Chyten knows that our success depends on the success of its franchise owners and offers unequaled support from Company president Neil Chyten himself and his highly qualified and dedicated staff of experts. Please take a new look at the education industry with a fresh perspective, through the eyes of a parent. Then, you will truly understand the exciting opportunity that awaits you by partnering with a company that holds educational excellence as its primary business philosophy. Learn more by calling 800-428-TEST (8378).