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Updated RecentlyFasTracKids Franchise
Enrichment education system for young children
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How much does it cost to open a FasTracKids Franchise?
The investment required to open a FasTracKids Franchise is between $48,117-$203,517. There is an initial franchise fee of $22,000 which grants you the license to run a business under the FasTracKids name.
Individual Unit Costs
- Initial Investment:
$48,117-$203,517 - Initial Franchise Fee:
$22,000 - Royalty Fee:
Variable - Advertising Fee:
N/A - Term of Agreement:
5 years - Renewal Fee:
$1K
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Fastrackids Enrichment Centers Franchise Inspire Children And Prepare Them To Realize Their Full Potential In Learning And Life
Colorado-based FasTracKids International has more than 150 centers in 25 countries that provide enrichment education, inspiring children to learn through discovery and exploration. Targeting children ages six months to eight years of age, the goal of FasTracKids Enrichment Center classes is to stimu...
FasTracKids News & Press Releases
When did FasTracKids start Franchising? 1998
| Year | U.S.A. | 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 |
International:
| Expense | In-House | Third Party |
|---|---|---|
| Franchise Fee | No | Yes |
| Startup Costs | No | Yes |
| Equipment | No | Yes |
| Inventory | No | Yes |
| Accounts Receivable | No | Yes |
| Payroll | No | Yes |
Third Party Financing Source(s): banks & other lending institutions
Support
Newsletter, Meetings, Internet
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)
Your income potential as a FasTracKids Franchise entrepreneur depends vastly on many factors. As an entrepreneur, the goals to achieve are related to expanding sales while lowering your operation costs and increasing the quality of your products and or services. Each month your operating costs can include royalty fees, mortgage / rent, supplies for products, staffing, utilities, bookwork, stationary and other items. From one month to the next, you may find your costs fluctuate, but your up-front costs are, for the most part, fixed and they will cover most of the initial setup of equipment, signage and renovations.
Listing Tags
Legal Disclaimer: This information is not a franchise offering for FasTracKids and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recommend that anyone seriously interested in pursuing a FasTracKids franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.
FasTracKids
FasTracKids International Inc.
6900 E. Belleview Ave., 1st Fl.
Greenwood Village,
CO
80111