FasTracKids vs International Dancesport Studios Franchise Comparison

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

Start-Up Costs and Fees

 
FasTracKids Franchise
International Dancesport Studios Franchise
Investment $48,117 - $203,517$58,500 - $79,700
Franchise Fee $22,000$37,000
Royalty Fee Variable10%
Advertising Fee --
Year Founded 19981996
Year Franchised 19982003
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee $1K-


Business Experience Requirements

 
FasTracKids Franchise
International Dancesport Studios Franchise
Experience --

Financing Options

 
FasTracKids Franchise
International Dancesport Studios 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
International Dancesport Studios 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
International Dancesport Studios Franchise
US Expansion --
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.

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About International Dancesport Studios

International DanceSport Studios are award winning franchised ballroom dance studios founded and directed by Carlos Manuel Gutierrez Jr. since 1995. Mr. Gutierrez is a renowned producer and a world class, award winning, ballroom dance teacher. In addition to operating IDS, he owns and produces an international open ballroom dance championship, Mexico Open, which is held annually in Cancun, Mexico. Mr. Gutierrez is also the founder and president of LAWDSC, Latin America World DanceSport Council, a world dance council that promotes ballroom dancing as a sport on an athletic level as well as a form of art, and an exercising outlet. In IDS, we specialize in individual training of both professional and amateur dancers. We accept single students, couples, as well as students who desire special event oriented training, such as wedding and prom preparations. Every one of our programs is individually designed to meet each of our student's personal needs. Our students do not need any prior experience or knowledge, we accept students of any level and we provide training up to Gold Level, and anything in between, as well as physical therapy training. We know that every student has a specific goal in mind when it comes to their training and we believe that our personal training system accompanied with our private instructors are the best tools to truly tend to those needs and desires.