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  Home  >>  Child-Related  >>  Children's Educational Program
FasTracKids International Ltd.



FasTracKids International Ltd.
6900 E. Belleview Ave., 1st Fl.
Greenwood Village, CO 80111-1619
      Top100

Submit an online form to receive information from FasTracKids International Ltd..
Business Description

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:

172

100%
Company-Owned Units:00%
 
Total Operating Units:
172
100.0%
 
Geographic Distribution:
U.S.:6537.8%In 23 States
Canada:179.9%In 1 Canadian Provinces
International:9052.3%In 39 Foreign Countries
 
Total:
172
100.0%
 
 
North America:
States/Provinces with the largest number of operating units:
DensityUnits

Registered in 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

Financial Requirements

Investment:
Minimum Net Worth: $
Cash Investment:$30K
Total Investment:$79K-1.9MM
Average Total Investment:$990K
 
Fees:
Initial Franchise Fee:$30K
Average Franchise Fee:$30K
On-Going Royalty:Varies
Average Royalty:1%
Advertising Fee:0%
 
Average Number of Employees: 1-5 Full-time, 0 Part-time

Space Needs (in square footage): 1,600-1,800

Preferred Sites:

Other Sites:

Encourage Conversions? Not Applicable

Earnings Claims Provided?: No

Franchisee Qualifications
 
Ranked from 1 (unimportant) to 5 (important):
Financial Net Worth:4
General Business Experience:4
Specific Industry Experience:4
Formal Education:4
Psychological Profile:5
Personal Interview(s):5
 
Terms of Contract
 
Term of Initial Contract:5 Year(s)
Term of Renewal Period:20 Year(s)
Passive Ownership:Allowed, But Discouraged
Area Development Agreements?Yes, for 1 Year(s)
Sub-Franchising Contracts?No
Franchisees Allowed to Expand Within Territory?Yes
 
Support and Training
 
International Franchise Association:Yes
Canadian Franchise Association:No
Franchisee Association/Member: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
Marketing Materials:None Specified
Additional Services:None Specified
Other Marketing Support:None Specified
 
On-Going Support:
Central Data Processing:Not Applicable
Central Purchasing:Not Applicable
Field Operation Evaluation:Included in Fees
Field Training:Not Applicable
Initial Store Opening:Not Applicable
Inventory Control:Not Applicable
Franchisee Newsletter:Included in Fees
Regional or National Meetings:At Additional Cost
800 Telephone Hotline:Included in Fees
 
Training:
1. Denver, CO5 Days
 
Expansion Plans
 
Projected New Units Over Next 12 months: 55

U.S.:

Yes, All United States
Canada:Yes, All Canada
Overseas:Yes, All Countries
Submit an online form to receive information from FasTracKids International Ltd..