Total investment:

€ 48,117

Franchise fee:

€ 27,000

Royalty fee:

12,5%

Monthly marketing fee:

0,05%

Number of franchises

Return (ROI)

Time period

Revenue:

12 000*

* Calculator calculations are provisional, not guaranteed

MAIN INFORMATION

Foundation year: 1998

Year of franchising: 2014

Company units: 1

Franchise units: 265

Total number of units: 266

Number of employees per unit: 3

Contract period: 60 months

FasTracKids International offers an enrichment education system for children ages 6 months to 8 years, using a variety of multi-sensory programs.
FasTracKids Latvia has a Master Franchise licence in the territory of Latvia. Together with FasTracKids International they provide innovative, proprietary early learning programs to young children and has grown to a presence in 45+ countries through its international franchisee base. Independent research shows that FasTracKids International programs deliver excellent results in key learning areas and high satisfaction rating (95+%). Found in over 265 licensed locations, FasTracKids serves more than 120,000 children annually.

FasTracKids franchisees come from a diverse background; however, the selection process seeks candidates with:
good business acumen
strong financial skills
a passion for child hood education
the ability to build strong relationships
Individuals need the capital for the initial investment and a minimum of three months of operating expenses.

Operational training
Staff training
Newsletter
Meetings
Grand Opening
Internet
Field Operatio

Advertisement fee – 0,05%
Locations average 185 m2 (2000 sq ft) and typically found in a retail setting
Number of total units: 265 (0 company owned units + 265 franchise units)
Length of franchise agreement (in years): 5
Return on Investment (in months): 6-24
Number of employees in 1 unit: 2-3


Eduards Filippovs

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