FasTracKids International Ltd.

  • FasTracKids International, Ltd.
6900 E. Belleview Ave., # 100
Greenwood Village, CO 80111-16
  • (888) 576-6888 / (303) 224-0200
  • (303) 224-0222 (Fax)

FASTRACKIDS INTERNATIONAL, a top-rated Enrichment Education franchise, has appointed over 190 licensees in 30 countries. Thousands of children have benefitted from the technologically advanced FASTRACKIDS curriculum. Developed for children ages 6 months to 6 years, FASTRACKIDS is designed to increase thinking and reasoning abilities while enhancing communication skills and self-esteem.

Franchisor Background

Year Established: 1998

Franchising Since: 1998

Operating Units

Franchised Units 300 100.0%
Company-Owned Units 0 0.0%
Total Operating Units 300 100%

Geographic Distribution

USA 162 60.2% In 23 States
Canada 17 6.3% In 1 Provinces
International 90 33.5% In 39 Foreign Countries
Total 269 100%

Multi-Unit Operators

Multi-Unit Operators N/A
Franchises Owned by Multi-Unit Operators N/A

North American Unit Density

(no data available)

Registered in the following Registration States

California, Florida, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington, Wisconsin, District of Columbia

Back to Top

Support and Training

General Information

IFA Member Yes
CFA Member No
Franchisee Association? No
Size of Corporate Staff 12
Site Selection
Assistance
Yes
Lease Negotiation Assistance Yes
Financial Assistance No

Marketing Support

Co-Op Advertising Yes
National Advertising No
Regional Advertising No
Local Advertising No

Ongoing Support

Central Data Processing N/A
Central Purchasing N/A
Field Operation Evaluation Included
Field Training N/A
Initial Store Opening N/A
Inventory Control N/A
Franchisee Newsletter Included
Regional or National Meetings Yes, at additional cost
800 Telephone Hotline Included

Training

Denver, CO 5 Days
Back to Top

Financial Requirements

Investment

Minimum Net Worth N/A
Cash Investment $21.5K
Total Investment $78.4-210.2K
Average Total Investment $144K

Fees

Initial Franchise Fee $30K
Average Franchise Fee $30K
On-Going Royalty Varies
Average Royalty 1%
Advertising Fee 0%

Site Information and Requirements

Average Number of Full-Time Employees 1-5
Average Number of Part-Time Employees 0
Space Needs (in square feet) 1,600-1,800
Preferred Site Types
Encourages Conversions N/A
Item 19 (Earnings Claim) Provided? No
Listed in the SBA Registry? No
Back to Top

Franchisee Qualifications

Financial Net Worth 4
General Business Experience 4
Specific Industry Experience 4
Formal Education 4
Psychological Profile 5
Personal Interviews 5
Back to Top

Terms of Contract

Term of Initial Contract 5
Term of Renewal Period 20
Passive Ownership? Not Allowed
Area Development
Agreements?
Yes, for 1 year
Sub-Franchisor
Contracts?
No
Franchisees Allowed to Expand Within Territory? Yes
Back to Top

Expansion Plans

Projected New Units Over Next 12 Months 55
USA Yes, All United States
Canada Yes, All Canada
Overseas Yes, All Countries
Back to Top

Request Information for FasTracKids International Ltd.

Back to Top