Huntington Learning Centers vs FasTracKids Franchise Comparison

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

Start-Up Costs and Fees

 
Huntington Learning Centers Franchise
FasTracKids Franchise
Investment $133,458 - $276,669$48,117 - $203,517
Franchise Fee $28,000$22,000
Royalty Fee 9.5%Variable
Advertising Fee 2%-
Year Founded 19771998
Year Franchised 19851998
Term Of Agreement 10 years5 years
Term Of Agreement 10 years5 years
Renewal Fee up to $20K$1K


Business Experience Requirements

 
Huntington Learning Centers Franchise
FasTracKids Franchise
Experience
  • General business experience
  • -

    Financing Options

     
    Huntington Learning Centers Franchise
    FasTracKids Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/NoNo/Yes
    Start-up Costs Yes/YesNo/Yes
    Equipment Yes/YesNo/Yes
    Inventory Yes/YesNo/Yes
    Receivables Yes/YesNo/Yes
    Payroll Yes/YesNo/Yes

    Training & Support

     
    Huntington Learning Centers Franchise
    FasTracKids Franchise
    Training On-The-Job Training: 16 hours Classroom Training: 155 hours Additional Training: At franchisee's location and online -
    Support Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations, Purchasing cooperativesNewsletter, Meetings, Internet
    Marketing Co-op advertising, Ad slicks, National media-
    Operations Franchisees required to buy multiple units/master licenses; 35% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 1

    Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

    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

     
    Huntington Learning Centers Franchise
    FasTracKids Franchise
    US Expansion Yes-
    Canada Expansion NoNo
    International Expansion NoYes

    Company Overviews

    About Huntington Learning Centers

    Join The #1 Revenue Producing Tutoring Franchise.

    Huntington Learning Center was established in 1977 and started diversifying in 1985. Today we work almost 300 focuses in 38 states across the nation. We are perceived as a pioneer and pioneer in the establishment mentoring industry, giving quality guideline to a huge number of understudies through our national system of diversified and organization claimed coaching focuses.

    The originators, Dr. Raymond and Mrs. Eileen Huntington are still effectively required in the business, and our main goal continues as before as in the year it began: "To Give Every Student The Best Education Possible."

    We take extraordinary pride in our notoriety for quality coaching, and in the trust and regard we have picked up from guardians and teachers alike. We are "Your Tutoring Solution" for understudies in all evaluations and subjects.


    Veteran Incentives  50% off franchise fee
    ""       "Entrepreneur
    In Franchise Business Reviews Top 200.
    #39 in Franchise 500 for 2020.
    #60 in Franchise 500 for 2021.








    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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