Summit Learning Services vs FasTracKids Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Summit Learning Services vs FasTracKids including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

  Summit Learning Services FasTracKids
Investment 32995 - 46995 48117 - 203517
Franchise Fee 0
Royalty Fee 14% Variable
Advertising Fee
Year Founded 2007 1998
Year Franchised 2009 1998
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  Summit Learning Services FasTracKids
Experience

Financing Options

  Summit Learning Services FasTracKids
 
Franchise Fees No
Start-up Costs No
Equipment No
Inventory No
Receivables No
Payroll No

Training & Support

  Summit Learning Services FasTracKids
Training
Support Newsletter, Meetings, Internet
Marketing
Operations Franchise can be run from home. 25% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 2. Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators). 16% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 - 2 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

Expansion Plans

  Summit Learning Services FasTracKids
US Expansion
Canada Expansion
International Expansion

Start-Up Costs and Fees Mobile

Investment
Summit Learning Services
FasTracKids
Franchise Fee
Summit Learning Services
FasTracKids
Royalty Fee
Summit Learning Services 14%
FasTracKids Variable
Advertising Fee
Summit Learning Services
FasTracKids
Year Founded
Summit Learning Services 2007
FasTracKids 1998
Year Franchised
Summit Learning Services 2009
FasTracKids 1998
Term Of Agreement
Summit Learning Services 5 years
FasTracKids 5 years
Renewal Fee
Summit Learning Services
FasTracKids $1K


Business Experience Requirements

Experience
Summit Learning Services
FasTracKids

Financing Options

 
Franchise Fees
Summit Learning Services
FasTracKids
Start-up Costs
Summit Learning Services
FasTracKids
Equipment
Summit Learning Services}
FasTracKids
Inventory
Summit Learning Services
FasTracKids
Receivables
Summit Learning Services
FasTracKids
Payroll
Summit Learning Services
FasTracKids

Training & Support

Training
Summit Learning Services
FasTracKids
Support
Summit Learning Services
FasTracKids Newsletter, Meetings, Internet
Marketing
Summit Learning Services
FasTracKids
Operations
Summit Learning Services Franchise can be run from home. 25% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 2. Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators).
FasTracKids 16% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 - 2 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

Expansion Plans

US Expansion
Summit Learning Services
FasTracKids
Canada Expansion
Summit Learning Services
FasTracKids
International Expansion
Summit Learning Services
FasTracKids