Start-Up Costs and Fees |
||
| FasTracKids | GradePower Learning | |
| Investment | 48117 - 203517 | 99800 - 270500 |
| Franchise Fee | 0 | |
| Royalty Fee | Variable | 10% |
| Advertising Fee | 3% | |
| Year Founded | 1998 | 1984 |
| Year Franchised | 1998 | 1991 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| FasTracKids | GradePower Learning | |
| Experience | Surprisingly, you really do not need to have education experience to operate a successful Grade Power franchise. We're looking for individuals with good people skills who can own, operate, manage and promote their own Grade Power franchise. You'll benefit by working alongside two very successful companies as we help you build your franchise. | |
Financing Options |
||
| FasTracKids | GradePower Learning | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| FasTracKids | GradePower Learning | |
| Training | On-The-Job Training: 1 week Classroom Training: 2 weeks Additional Training: Home study | |
| Support | Newsletter, Meetings, Internet | You will be provided with all the proprietary tools needed - along with the finest training and support system in the franchise industry. Helping you succeed is our primary focus, as we build our mutual franchise into a nationally known and recognized name in the education industry. Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Online Support Security/Safety Procedures Field Operations |
| Marketing | Ad Templates National Media Regional Advertising | |
| Operations | 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) | Absentee Ownership Allowed Number of Employees Required to Run: 1 - 3 |
Expansion Plans |
||
| FasTracKids | GradePower Learning | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| FasTracKids | |
| GradePower Learning | |
| Franchise Fee | |
| FasTracKids | |
| GradePower Learning | |
| Royalty Fee | |
| FasTracKids | Variable |
| GradePower Learning | 10% |
| Advertising Fee | |
| FasTracKids | |
| GradePower Learning | 3% |
| Year Founded | |
| FasTracKids | 1998 |
| GradePower Learning | 1984 |
| Year Franchised | |
| FasTracKids | 1998 |
| GradePower Learning | 1991 |
| Term Of Agreement | |
| FasTracKids | 5 years |
| GradePower Learning | |
| Renewal Fee | |
| FasTracKids | $1K |
| GradePower Learning | |
Business Experience Requirements |
|
| Experience | |
| FasTracKids | |
| GradePower Learning | Surprisingly, you really do not need to have education experience to operate a successful Grade Power franchise. We're looking for individuals with good people skills who can own, operate, manage and promote their own Grade Power franchise. You'll benefit by working alongside two very successful companies as we help you build your franchise. |
Financing Options |
|
| Franchise Fees | |
| FasTracKids | No |
| GradePower Learning | No |
| Start-up Costs | |
| FasTracKids | |
| GradePower Learning | |
| Equipment | |
| FasTracKids} | |
| GradePower Learning | |
| Inventory | |
| FasTracKids | |
| GradePower Learning | |
| Receivables | |
| FasTracKids | |
| GradePower Learning | |
| Payroll | |
| FasTracKids | |
| GradePower Learning | |
Training & Support |
|
| Training | |
| FasTracKids | |
| GradePower Learning | On-The-Job Training: 1 week Classroom Training: 2 weeks Additional Training: Home study |
| Support | |
| FasTracKids | Newsletter, Meetings, Internet |
| GradePower Learning | You will be provided with all the proprietary tools needed - along with the finest training and support system in the franchise industry. Helping you succeed is our primary focus, as we build our mutual franchise into a nationally known and recognized name in the education industry. Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Online Support Security/Safety Procedures Field Operations |
| Marketing | |
| FasTracKids | |
| GradePower Learning | Ad Templates National Media Regional Advertising |
| Operations | |
| 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) |
| GradePower Learning | Absentee Ownership Allowed Number of Employees Required to Run: 1 - 3 |
Expansion Plans |
|
| US Expansion | |
| FasTracKids | |
| GradePower Learning | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | |
| FasTracKids | |
| GradePower Learning | |
| International Expansion | |
| FasTracKids | |
| GradePower Learning | |