FasTracKids vs Abrakadoodle Franchise Comparison

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

Start-Up Costs and Fees
 
FasTracKids Franchise
Abrakadoodle Franchise
Investment $48,117 - $203,517$38,028 - $81,878
Franchise Fee $22,000$25,400 - $56,900
Royalty Fee Variable8%
Advertising Fee -1%
Year Founded 19982002
Year Franchised 19982004
Term Of Agreement 5 years10 years
Term Of Agreement 5 years10 years
Renewal Fee $1K5% of current franchise fee


Business Experience Requirements
 
FasTracKids Franchise
Abrakadoodle Franchise
Experience -
  • Marketing skills
    		•

    Financing Options
     
    FasTracKids Franchise
    Abrakadoodle Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/YesNo/No
    Start-up Costs No/YesNo/No
    Equipment No/YesNo/No
    Inventory No/YesNo/No
    Receivables No/YesNo/No
    Payroll No/YesNo/No

    Training & Support
     
    FasTracKids Franchise
    Abrakadoodle Franchise
    Training -20-60 hours pre-training at franchisee's location
    Support Newsletter, Meetings, InternetNewsletter, Meetings, Internet, Field operations/evaluations, Purchasing cooperatives
    Marketing -Co-op advertising, Ad slicks, National media
    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)

    		 Franchise can be run from home.

    International franchisees required to buy multiple units/master licenses

    Number of employees needed to run franchised unit: 5 - 10

    Absentee ownership of franchise is NOT allowed.

    Expansion Plans
     
    FasTracKids Franchise
    Abrakadoodle Franchise
    US Expansion -Yes
    Canada Expansion NoNo
    International Expansion YesYes

    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.

    "franchiserankingscom"
    #92 on Franchise Rankings.com

    About Abrakadoodle

    Are you a professional who is interested in owning a solid business that fills a strong need and makes a difference? Through Abrakadoodle programs, you are able to help imaginations take flight, creativity soar and new skills emerge, all while providing an innovative and highly regarded educational service. Parents and school administrators alike see the positive effect of the Abrakadoodle experience on their children and students. Abrakadoodle combines strong proven education practices and top quality art instruction. Abrakadoodle is based upon the belief that all children are naturally creative. With the right activities, material and guidance, the possibilities are endless! Abrakadoodle applies solid educational principles, great teaching practices, stimulating activities and high quality materials.
    Best of all, it's FUN!

    "Top

    #94 in Canada's Top franchises.

    "Entrepreneur
    #459 in Franchise 500 for 2020.