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Updated RecentlyFasTracKids vs Stemtree Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of FasTracKids vs Stemtree 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 | $83,800 - $149,800 |
| Franchise Fee | $22,000 | $39,500 |
| Royalty Fee | Variable | 8% |
| Advertising Fee | - | 2% |
| Year Founded | 1998 | 2014 |
| Year Franchised | 1998 | 2016 |
| Term Of Agreement | 5 years | - |
| Term Of Agreement | 5 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 | -/Yes |
| Start-up Costs | No/Yes | -/Yes |
| Equipment | No/Yes | -/Yes |
| Inventory | No/Yes | -/Yes |
| Receivables | No/Yes | -/Yes |
| Payroll | No/Yes | -/Yes |
Training & Support |
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| Training | - | On-The-Job Training: 8 hours Classroom Training: 30 hours |
| Support | Newsletter, Meetings, Internet | Ongoing Support Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Site Selection Franchisee Intranet Platform |
| Marketing | - | Co-op Advertising Ad Templates Regional Advertising 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) | - |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | 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 Stemtree
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The STEMTREE franchise model offers education services that focus on the
core curricula of science, technology, and engineering.
STEMTREE’s
programs nurture each student’s inner scientist through innovative,
engaging, and hands-on learning experience, built upon a solid
foundation of scientific curricula, giving each student the edge for
success in today’s schools and the world.
Whether achieving higher
grades in the classroom, helping students become successful science
professionals or engineers, or simply instilling and cultivating an
appreciation and a deep understanding of science and technology,
STEMTREE offers after-school programs, with or without student pick-ups,
one-on-one tutoring, educational camps, home-school study programs, and
even birthday parties and event-based programs.
Stemtree was founded on the idea that nothing is more important than
enriching the lives of others; now we want to extend that service to our
franchisees.
Stemtree has a strong potential ROI for a franchise owner. With
reasonable overhead and a low startup cost for the education industry,
the concept is financially sound.
We do not guarantee any success or levels of profitability, but with a
large margin for error, a franchisee can be much less effective than our
projections and still have a successful business.
STEMTREE’s business
model requires a fixed commercial location comprising approximately
1,500 to 2,500 square feet of space.