FasTracKids vs Summit Learning Services Franchise Comparison

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

Start-Up Costs and Fees

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


Business Experience Requirements

  FasTracKids Summit Learning Services
Experience

Financing Options

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

Training & Support

  FasTracKids Summit Learning Services
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) 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).

Expansion Plans

  FasTracKids Summit Learning Services
US Expansion
Canada Expansion
International Expansion

Start-Up Costs and Fees Mobile

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


Business Experience Requirements

Experience
FasTracKids
Summit Learning Services

Financing Options

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

Training & Support

Training
FasTracKids
Summit Learning Services
Support
FasTracKids Newsletter, Meetings, Internet
Summit Learning Services
Marketing
FasTracKids
Summit Learning Services
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)
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).

Expansion Plans

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