Monart School of the Arts vs FasTracKids Franchise Comparison

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

Start-Up Costs and Fees

  Monart School of the Arts FasTracKids
Investment 37100 - 49700 48117 - 203517
Franchise Fee 0
Royalty Fee 8% Variable
Advertising Fee
Year Founded 1979 1998
Year Franchised 2004 1998
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  Monart School of the Arts FasTracKids
Experience

Financing Options

  Monart School of the Arts FasTracKids
 
Franchise Fees No No
Start-up Costs No No
Equipment No No
Inventory No No
Receivables No No
Payroll No No

Training & Support

  Monart School of the Arts FasTracKids
Training
Support Newsletter, Meetings, Internet
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

  Monart School of the Arts FasTracKids
US Expansion
Canada Expansion 0
International Expansion

Start-Up Costs and Fees Mobile

Investment
Monart School of the Arts
FasTracKids
Franchise Fee
Monart School of the Arts
FasTracKids
Royalty Fee
Monart School of the Arts 8%
FasTracKids Variable
Advertising Fee
Monart School of the Arts
FasTracKids
Year Founded
Monart School of the Arts 1979
FasTracKids 1998
Year Franchised
Monart School of the Arts 2004
FasTracKids 1998
Term Of Agreement
Monart School of the Arts 7 years
FasTracKids 5 years
Renewal Fee
Monart School of the Arts $3,000
FasTracKids $1K


Business Experience Requirements

Experience
Monart School of the Arts
FasTracKids

Financing Options

 
Franchise Fees
Monart School of the Arts No
FasTracKids No
Start-up Costs
Monart School of the Arts
FasTracKids
Equipment
Monart School of the Arts}
FasTracKids
Inventory
Monart School of the Arts
FasTracKids
Receivables
Monart School of the Arts
FasTracKids
Payroll
Monart School of the Arts
FasTracKids

Training & Support

Training
Monart School of the Arts
FasTracKids
Support
Monart School of the Arts
FasTracKids Newsletter, Meetings, Internet
Marketing
Monart School of the Arts
FasTracKids
Operations
Monart School of the Arts
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)

Expansion Plans

US Expansion
Monart School of the Arts
FasTracKids
Canada Expansion
Monart School of the Arts 0
FasTracKids
International Expansion
Monart School of the Arts
FasTracKids