FasTracKids International Ltd.
Yes, we actively support the inclusion and development of minority-owned franchises in the FasTracKids International Ltd. system.
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: info@fastrackids.com
Web Site: www.fastrackids.com
Contact: Mr. Jim Gunlock, International 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:
> North America -- Operations in 23 States
> States/Provinces with Greatest Density: CA, GA, NY
Units Owned by Minorities:
>African-American:
>Hispanic:
>Asian-American:
>Native American:
>Other:
Average Number of Employees: 1-5 FT (FT = Full Time, PT = Part Time)
Space Needs: 700 SF; NA
(for abbreviations click here)
Financial Requirements
Cash Investment: $35.5K
Total Investment: $78.9-188.9K
Average Total Investment: $133K
Minimum Net Worth: $NR
Fees
>Franchise: $22K
>Average Franchise Fee: $22K
>Royalty: Varies
>Advertising: 0%
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 5/20
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: Yes
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: 5 Days in Denver, CO.
Specific Minority Program(s) in Place: We have advertised in 30 countries.
Franchisor's Specific Expansion Plans
U.S.: All United States
Note: NR = No Response by Franchisor.
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