FasTracKids Franchise
Enrichment education system for young children
ABC INC
ABC-CO - NASDAQ
+0.25 (+0.20%)
It's time to give yourself permission to build your days around what's important to you! You're in Control!
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How much does it cost to open a FasTracKids Franchise ?
The investment required to open a FasTracKids Franchise is between $48,117 - $203,517 . There is an initial franchise fee of $22,000 which grants you the license to run a business under the FasTracKids name.
Individual Franchise Costs
- Initial Investment:
$48,117 - - Initial Franchise Fee:
$22,000 - Royalty Fee:
Variable - Term of Agreement:
5 years - Renewal Fee:
$1K
| Expense | In-House | Third Party |
|---|---|---|
| Franchise Fee | No | Yes |
| Startup Costs | No | Yes |
| Equipment | No | Yes |
| Inventory | No | Yes |
| Accounts Receivable | No | Yes |
| Payroll | No | Yes |
Third Party Financing Source(s):
banks & other lending institutions
Support
Newsletter, Meetings, Internet
FasTracKids Growth History
When did the first FasTracKids open? 1998When did FasTracKids start Franchising ? 1998
| Year | U.S.A. | Canada | International | Corporate |
|---|---|---|---|---|
| 2005 | 98 | 2 | 112 | 0 |
| 2004 | 76 | 4 | 121 | 0 |
| 2003 | 42 | 8 | 120 | 0 |
| 2002 | 20 | 8 | 117 | 0 |
| 2001 | 14 | 3 | 101 | 0 |
Your income potential as a FasTracKids Franchise entrepreneur depends vastly on many factors. As an entrepreneur, the goals to achieve are related to expanding sales while lowering your oper_ation costs and increasing the quality of your products and or services. Each month your oper_ating costs can include royalty fees, mortgage / rent, supplies for products, staffing, utilities, bookwork, stationary and other items. From one month to the ext, you _may find your costs fluctuate, but your up-front costs are, for the most part, fixed and they will cover most of the initial setup of equipment, signage and renovations.
Legal Disclaimer: This information is not a franchise offering for FasTracKids and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recomend that anyone seriously interested in pursuing a FasTracKids franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.