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Updated RecentlyFasTracKids vs High Touch High Tech Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of FasTracKids vs High Touch High Tech 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 | $62,750 - $69,000 |
| Franchise Fee | $22,000 | $52,500 |
| Royalty Fee | Variable | 7% |
| Advertising Fee | - | - |
| Year Founded | 1998 | 1992 |
| Year Franchised | 1998 | 194 |
| Term Of Agreement | 5 years | 10 years |
| Term Of Agreement | 5 years | 10 years |
| Renewal Fee | $1K | $2.5K |
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/No |
| Start-up Costs | No/Yes | No/No |
| Equipment | No/Yes | No/No |
| Inventory | No/Yes | No/No |
| Receivables | No/Yes | No/No |
| Payroll | No/Yes | No/No |
Training & Support |
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| Training | - | Classroom Training: 40 hours Additional Training: Training videos & program manuals; bi-annual conference; technology resources training |
| Support | Newsletter, Meetings, Internet | Newsletter Meetings/Conventions Online Support Security/Safety Procedures Field Operations Franchisee Intranet Platform |
| Marketing | - | Ad Templates Social media SEO Website development Email 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) |
Franchise can be run from home. 30% of all franchisees own more than one unit Number of employees needed to run franchised unit: 4 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 | Yes |
| International Expansion | Yes | Yes |
Company Overviews
About FasTracKids
!["franchiserankingscom"]("https://d3t9r0kmeshe93.cloudfront.net/settings/71116cc7-281b-43ed-8275-5087635f96d8.png")
About High Touch High Tech
Founded by Daniel and Ellen Shaw, High Touch-High Tech offers a 90-minute, in-school 'field trip' that uses hands-on science programs. As a supplement to school science curricula, High Touch-High Tech serves children at all educational levels, from pre-school to high school. Programs cover the physical, natural, environmental and mathematical sciences and meet the National Board of Education Student Science Performance Standards. The company also provides 'Sizzlin Science' Birthday Parties. High Touch-High Tech franchisees hire educators who are required to have a four-year teaching degree from an accredited college or university, as well as a certificate in teaching science or eligibility for one.