FasTracKids vs Viva the Chef Franchise Comparison

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

Start-Up Costs and Fees
 
FasTracKids Franchise
Viva the Chef Franchise
Investment $48,117 - $203,517$200,000 - $500,000
Franchise Fee $22,000$35,000
Royalty Fee Variable6%
Advertising Fee --
Year Founded 19982003
Year Franchised 19982004
Term Of Agreement 5 years5 years
Term Of Agreement 5 years5 years
Renewal Fee $1K$5K


Business Experience Requirements
 
FasTracKids Franchise
Viva the Chef Franchise
Experience -
  • Industry experience
  • General business experience
    		•

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

    Training & Support
     
    FasTracKids Franchise
    Viva the Chef Franchise
    Training --
    Support Newsletter, Meetings, InternetNewsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations
    Marketing -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)

    Number of employees needed to run franchised unit: 10 - 15

    Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

    Expansion Plans
     
    FasTracKids Franchise
    Viva the Chef 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.

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    About Viva the Chef

    NO LONGER FRANCHISING