FasTracKids vs The Mad Science Group Franchise Comparison

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

Start-Up Costs and Fees

  FasTracKids The Mad Science Group
Investment 48117 - 203517 74050 - 110459
Franchise Fee 0 0
Royalty Fee Variable 8%
Advertising Fee
Year Founded 1998 1985
Year Franchised 1998 1995
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  FasTracKids The Mad Science Group
Experience Industry experience General business experience Marketing skills

Financing Options

  FasTracKids The Mad Science Group
 
Franchise Fees No No
Start-up Costs No No
Equipment No No
Inventory No No
Receivables No No
Payroll No No

Training & Support

  FasTracKids The Mad Science Group
Training
Support Newsletter, Meetings, Internet Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations
Marketing Co-op advertising, 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) Franchise can be run from home. 5% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 - 30 Absentee ownership of franchise is NOT allowed. (95% of current franchisees are owner/operators)

Expansion Plans

  FasTracKids The Mad Science Group
US Expansion
Canada Expansion
International Expansion

Start-Up Costs and Fees Mobile

Investment
FasTracKids
The Mad Science Group
Franchise Fee
FasTracKids
The Mad Science Group
Royalty Fee
FasTracKids Variable
The Mad Science Group 8%
Advertising Fee
FasTracKids
The Mad Science Group
Year Founded
FasTracKids 1998
The Mad Science Group 1985
Year Franchised
FasTracKids 1998
The Mad Science Group 1995
Term Of Agreement
FasTracKids 5 years
The Mad Science Group 25 years
Renewal Fee
FasTracKids $1K
The Mad Science Group


Business Experience Requirements

Experience
FasTracKids
The Mad Science Group Industry experience General business experience Marketing skills

Financing Options

 
Franchise Fees
FasTracKids No
The Mad Science Group No
Start-up Costs
FasTracKids
The Mad Science Group
Equipment
FasTracKids}
The Mad Science Group
Inventory
FasTracKids
The Mad Science Group
Receivables
FasTracKids
The Mad Science Group
Payroll
FasTracKids
The Mad Science Group

Training & Support

Training
FasTracKids
The Mad Science Group
Support
FasTracKids Newsletter, Meetings, Internet
The Mad Science Group Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations
Marketing
FasTracKids
The Mad Science Group Co-op advertising, Regional advertising
Operations
FasTracKids 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)
The Mad Science Group Franchise can be run from home. 5% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 - 30 Absentee ownership of franchise is NOT allowed. (95% of current franchisees are owner/operators)

Expansion Plans

US Expansion
FasTracKids
The Mad Science Group
Canada Expansion
FasTracKids
The Mad Science Group
International Expansion
FasTracKids
The Mad Science Group