6900 E. Belleview Ave.
Englewood, CO 80111
800#: (888) 576-6888
Tel: (303) 224-0200
Fax: (303) 224-0222
E-Mail: [email protected]
Web Site: www.fastrackids.com
Contact: Mr. Kevin Krause, Director Franchise Development
FASTRACKIDS� is a remarkable new, technologically-advanced educational system designed to enrich the knowledge of young children. FASTRACKIDS� enrichment education encourages the development of a child's creativity, leadership, speaking and communication skills in a stimulating, participatory learning environment.
Franchisor Background
| Established: |
1998; |
First Franchise: |
1998 |
| Franchise Units: |
87 |
| Company-Owned Units: |
0 |
| Total Units: |
87 |
Distribution:
U.S. -- 11;
Canada -- 1;
International -- 75
> North America -- Operations in 3 States
> States/Provinces with Greatest Density: NR
|
| Projected New Units Over Next 12 months: 25 |
| Franchisee Qualifications: 4, 4, 4, 4, 5, 5
(for an explanation
click here) |
| Registered in Following Registration States: All Except SD,VA |
| Average Number of Employees: 1-5 FT (FT = Full Time, PT = Part Time) |
| Space Needs: 500 SF; N/A
(for abbreviations click here) |
Financial Requirements
| Cash Investment: |
$10.2-35.9K |
|
| Total Investment: |
$10.2-35.9K; |
|
Average Total Investment: |
$23K |
|
| Minimum Net Worth: |
$NR |
|
| Fees: |
Franchise: |
$5-15K; |
Average Franchise Fee: |
$10K |
|
Royalty: |
1.5% |
|
Advertising: |
5% |
| Provide Earning Claim Statement: Yes
|
Terms of Contract
| Term of Contract (Years): |
5/5 |
| Passive Ownership: |
Discouraged |
| Encourage Conversions: |
N/A |
| Area Development Agreements: |
Yes/5 |
| Sub-Franchising Contracts: |
No |
| Expand In Territory: |
Yes |
Franchisor Support and Training Provided
| Financial Assistance: |
Yes(B) (D = Direct; I = Indirect; B = Both) |
| Site Selection Assistance: |
Yes |
| Lease Negotiation Assistance: |
No |
| Cooperative Advertising: |
Yes |
| Franchisee Assoc. / Member: |
No |
| Size Of Corporate Staff: |
12 |
| On-Going Support: |
C,G,h,I
(for an explanation click
here) |
| Training: |
3-4 Days in Denver, CO. |
Franchisor's Specific Expansion Plans
| U.S.: |
All United States |
| Canada: |
All Canada |
| Overseas: |
All Countries |
Note: NR = No Response by Franchisor.
For a sample questionnaire click here.