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Updated RecentlyFasTracKids vs College Nannies, Sitters and Tutors Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of FasTracKids vs College Nannies, Sitters and Tutors 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 | $105,000 - $158,000 |
| Franchise Fee | $22,000 | $45,000 |
| Royalty Fee | Variable | 5% |
| Advertising Fee | - | 2% |
| Year Founded | 1998 | 2001 |
| Year Franchised | 1998 | 2005 |
| Term Of Agreement | 5 years | 10 years |
| Term Of Agreement | 5 years | 10 years |
| Renewal Fee | $1K | $2K |
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/No |
| Payroll | No/Yes | No/No |
Training & Support |
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| Training | - | Classroom Training: 48 hours |
| Support | Newsletter, Meetings, Internet | Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform |
| Marketing | - | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| 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) | International franchisees required to buy multiple units/master licenses Number of employees needed to run franchised unit: 2 - 3 Absentee ownership of franchise is NOT allowed. |
Expansion Plans |
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| US Expansion | - | Yes |
| 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 College Nannies, Sitters and Tutors
College Nannies and Tutors Builds Stronger Families by providing Role Models from Cradle to College. As a full-service family focused firm, franchisees specialize in placing nannies, babysitters, homework help and college prep tutors.
College Nannies and Tutors is seeking executive owners that share our core values and possess the desire and ability to grow multiple retail units.
The total investment necessary to begin operation of a College Nannies +
Sitters + Tutors business is from $105,000 to $173,000. This includes
the $45,000 initial franchise fee that must be paid to us. If you
purchase 2 franchised Territories at the same time, the Initial
Franchise Fee is $80,000 for both Territories. If you purchase 3
franchised Territories at the same time, the Initial Franchise Fee is
$105,000 for all 3 Territories.
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#260 in Franchise 500 for 2020.
#274 in Franchise 500 for 2021.