FasTracKids International Ltd.
FasTracKids International Ltd.
6900 E. Belleview Ave., 1st Fl.
Greenwood Village, CO 80111-1619
800#: (888) 576-6888
Tel: (303) 224-0200
Fax: (303) 224-0222
E-Mail: [email protected]
Web Site: www.fastrackids.com
Contact: Mr. Jim Gunlock, Marketing Manager
FASTRACKIDS� INTERNATIONAL, recognized last year as one of the Top 10 New Franchises by Entrepreneur Magazine, has appointed over 220 licensees in 32 countries. Thousands of children have benefited from the technologically advanced FASTRACKIDS curriculum. Developed for children ages 3-6, FASTRACKIDS is designed to increase thinking and reasoning abilities while enhancing communication skills and self-esteem.
Franchisor Background
Established: 1998
First Franchise: 1998
Franchise Units: 200
Company-Owned Units: 0
Total Units: 200
Distribution:
U.S. -- 61;
Canada -- 4;
International -- 135
-North America -- Operations in 21 States
-States/Provinces with Greatest Density: NR
Projected New Units Over Next 12 months: 55
Franchisee Qualifications: 4, 4, 4, 4, 5, 5
(Click here for an explanation)
Registered in Following Registration States: All States (Click here for an explanation)
Average Number of Employees: 1-5 FT (FT = Full Time, PT = Part Time)
Space Needs: 700 SF; NA
(Click here for abbreviations)
Encourage Conversion: NA
Financial Requirements
Cash Investment: $32.5-87.5K
Total Investment: $32.5-87.5K
Average Total Investment: $60.0K
Minimum Net Worth: $NR
Fees:
-Franchise: $21.5K
-Average Franchise Fee: $21.5K
-Royalty: Varies
-Advertising: 0%
Provide Earning Claim Statement: Yes
Terms of Contract
Term of Contract (Years): 5/5
Passive Ownership: Discouraged
Area Development Agreements: Yes/5
Sub-Franchising Contracts: No
Expand In Territory: Yes
Franchisor Support and Training Provided
Site Selection Assistance: Yes
Lease Negotiation Assistance: No
Financial Assistance: No
Cooperative Advertising: Yes
International Franchise Association: IFA MEMBER
Canadian Franchise Association:
Franchisee Association / Member: No
Size Of Corporate Staff: 12
On-Going Support: C,G,h,I (Click here for an explanation)
Training: 5 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.
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