FasTracKids vs Monart School of the Arts Franchise Comparison

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

Start-Up Costs and Fees

  FasTracKids Monart School of the Arts
Investment 48117 - 203517 37100 - 49700
Franchise Fee 0
Royalty Fee Variable 8%
Advertising Fee
Year Founded 1998 1979
Year Franchised 1998 2004
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  FasTracKids Monart School of the Arts
Experience

Financing Options

  FasTracKids Monart School of the Arts
 
Franchise Fees No No
Start-up Costs No No
Equipment No No
Inventory No No
Receivables No No
Payroll No No

Training & Support

  FasTracKids Monart School of the Arts
Training
Support Newsletter, Meetings, Internet
Marketing
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)

Expansion Plans

  FasTracKids Monart School of the Arts
US Expansion
Canada Expansion 0
International Expansion

Start-Up Costs and Fees Mobile

Investment
FasTracKids
Monart School of the Arts
Franchise Fee
FasTracKids
Monart School of the Arts
Royalty Fee
FasTracKids Variable
Monart School of the Arts 8%
Advertising Fee
FasTracKids
Monart School of the Arts
Year Founded
FasTracKids 1998
Monart School of the Arts 1979
Year Franchised
FasTracKids 1998
Monart School of the Arts 2004
Term Of Agreement
FasTracKids 5 years
Monart School of the Arts 7 years
Renewal Fee
FasTracKids $1K
Monart School of the Arts $3,000


Business Experience Requirements

Experience
FasTracKids
Monart School of the Arts

Financing Options

 
Franchise Fees
FasTracKids No
Monart School of the Arts No
Start-up Costs
FasTracKids
Monart School of the Arts
Equipment
FasTracKids}
Monart School of the Arts
Inventory
FasTracKids
Monart School of the Arts
Receivables
FasTracKids
Monart School of the Arts
Payroll
FasTracKids
Monart School of the Arts

Training & Support

Training
FasTracKids
Monart School of the Arts
Support
FasTracKids Newsletter, Meetings, Internet
Monart School of the Arts
Marketing
FasTracKids
Monart School of the Arts
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)
Monart School of the Arts

Expansion Plans

US Expansion
FasTracKids
Monart School of the Arts
Canada Expansion
FasTracKids
Monart School of the Arts 0
International Expansion
FasTracKids
Monart School of the Arts