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Updated RecentlyFasTracKids vs The Tutoring Center Franchise Corp. Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of FasTracKids vs The Tutoring Center Franchise Corp. 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 | $106,420 - $180,235 |
| Franchise Fee | $22,000 | $30,000 |
| Royalty Fee | Variable | $1,000/mo. |
| Advertising Fee | - | - |
| Year Founded | 1998 | 1994 |
| Year Franchised | 1998 | 2005 |
| 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 | -/Yes |
| Start-up Costs | No/Yes | -/Yes |
| Equipment | No/Yes | -/Yes |
| Inventory | No/Yes | -/Yes |
| Receivables | No/Yes | -/Yes |
| Payroll | No/Yes | -/Yes |
Training & Support |
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| Training | - | On-The-Job Training: 56 hours Classroom Training: 24 hours |
| Support | Newsletter, Meetings, Internet | Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | - | Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| 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 |
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| US Expansion | - | Yes |
| Canada Expansion | 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 The Tutoring Center Franchise Corp.
The Tutoring Center® franchise opportunities are now available!
With the growth of supplemental education in the United States
today, The Tutoring Center® is a great choice for a new career. If your
dream is to enjoy a fun and rewarding work environment while enriching
the lives of children, consider The Tutoring Center® franchise today.
Veteran Incentives
$2,000 off franchise fee, $2,500 off initial royalty fees
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#283 in Franchise 500 for 2020.
#356 in Franchise 500 for 2021.