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Updated RecentlyFasTracKids vs Tutoring Club Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of FasTracKids vs Tutoring Club 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 | $66,500 - $119,900 |
| Franchise Fee | $22,000 | $34,500 |
| Royalty Fee | Variable | 10% |
| Advertising Fee | - | - |
| Year Founded | 1998 | 1991 |
| Year Franchised | 1998 | 1999 |
| Term Of Agreement | 5 years | 20 years |
| Term Of Agreement | 5 years | 20 years |
| Renewal Fee | $1K | - |
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 | No/Yes |
| Start-up Costs | No/Yes | No/Yes |
| Equipment | No/Yes | No/Yes |
| Inventory | No/Yes | No/Yes |
| Receivables | No/Yes | No/Yes |
| Payroll | No/Yes | No/Yes |
Training & Support |
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| Training | - | Comprehensive training for 2 people at Tutoring Club Headquarters. |
| Support | Newsletter, Meetings, Internet | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | - | Co-op advertising, Ad slicks, National media, Regional advertising |
| 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) |
50% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators) |
Expansion Plans |
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| US Expansion | - | - |
| Canada Expansion | No | No |
| International Expansion | Yes | Yes |
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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#92 on Franchise Rankings.com
About Tutoring Club
Founded by Lawrance H. Schwartz in 1991, Tutoring Club offers students instruction in basic subjects, like reading, math, writing and study skills. This Discovery Bay, California-based company is dedicated to helping children, of elementary to high-school age, succeed in school. The company also offers SAT preparation courses and tutoring.
Benefits of ownership:
*Scalability to grow your Tutoring Club franchise at your own pace
*TutorAid software which manages all student academics
*Complete accounting program developed specifically to manage your franchise finances
*No accounts receivable
*No inventory to spoil
*Perform a service for children and the community
*Strong training and ongoing support from a franchisor that is interested in your success
*National consumer marketing campaign
*Protected Territory
If you are ready for a rewarding change, take the next step and contact us today!
Honorably Discharged Veterans: 15% franchise fee discount on first location.