FasTracKids vs School of Rock Franchise Comparison

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

Start-Up Costs and Fees
 
FasTracKids Franchise
School of Rock Franchise
Investment $48,117 - $203,517$271,500 - $494,100
Franchise Fee $22,000$49,900
Royalty Fee Variable8%
Advertising Fee -3%
Year Founded 19981998
Year Franchised 19982005
Term Of Agreement 5 years10 years
Term Of Agreement 5 years10 years
Renewal Fee $1K-


Business Experience Requirements
 
FasTracKids Franchise
School of Rock Franchise
Experience --

Financing Options
 
FasTracKids Franchise
School of Rock Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/Yes-/-
Start-up Costs No/Yes-/-
Equipment No/Yes-/-
Inventory No/Yes-/-
Receivables No/Yes-/-
Payroll No/Yes-/-

Training & Support
 
FasTracKids Franchise
School of Rock Franchise
Training -

On-Site training in both the business and music instruction aspects of running your school at one of our three training schools On-The-Job Training: 5 hours Classroom Training: 25 hours Additional training as needed

Support Newsletter, Meetings, Internet

Assistance in getting your school built including a nationwide network of real estate partners, design and construction standards and guidance, and contracting partners. A proprietary IT system to manage the school business Grand Opening and continued marketing support through plan development and execution, creative and collateral, PR, and A dedicated franchise operations director to work with you Ongoing new product and program development Discounts on equipment through our network of partners The only national network of rock music education schools. Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Marketing -Ad Templates National Media Regional Advertising 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)

Absentee Ownership Allowed Number of Employees Required to Run: 14 - 21

Expansion Plans
 
FasTracKids Franchise
School of Rock Franchise
US Expansion -Yes
Canada Expansion No-
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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#92 on Franchise Rankings.com

About School of Rock

School of Rock is a performance-based after school music education program that provides individual music lessons taught by working musicians, group rehearsals, performance experience, exclusive limited access to the school and equipment during business hours, and branded merchandise for students between the ages of seven and nineteen. We provide a rock music program for children, a method of teaching students through performing in front of a paying audience in a real rock venue, and regional groups of elite students known as "The School of Rock All Stars". Be part of a fun, unique, and purposeful business. Connect and collaborate with a rapidly growing network of partners and owners who are passionate about what they do. Make a difference in kids' lives through music. Own and operate a community based business backed by an international organization that will support you every step of the way. Turn your passion for music into your work - you don't have to be a musician but you do need to love rock and roll. Whether you are a musician, just love good music, or are simply looking for a business that rocks we encourage you to learn more about the unique School of Rock franchise opportunity. The investment cost for School of Rock outside the United States will vary depending on building and material costs, labor, taxes and many other factors. We are looking for international partners who have the expertise and financial strength to open multiple schools either as a Master Franchisee or Area Developer.

The total investment necessary to begin operation of a School of Rock business is $271,500 - $494,100. This includes $49,900 that must be paid to the franchisor or their affiliate. They may also offer you the opportunity to enter into a development agreement, in which case you will be required to pay the franchisor a development fee equal to $12,475 for each school you plan to develop.

Franchisor is seeking new franchise units Worldwide.
Veteran Incentives  10% off franchise fee

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In Franchise Business Reviews Top 200.
#219 in Franchise 500 for 2020.
#215 in Franchise 500 for 2021.