Franchimp Summary Rating
Higher than 73% of peers
Franchise Summary
Description
The franchised business being offered is FRED ASTAIRE DANCE STUDIOS® studios specializing in dance and dance fitness classes led by trained instructors.
Company Background
FRED ASTAIRE DANCE STUDIO is the premier name in dance and fitness. Established in 1992, we teach a variety of styles: Jazz, Ballet, Tap & Hip Hop. Our mission is to provide the highest quality dance instruction and personalized attention for children and adults alike. FADSU USA INC (fka Megadance USA Corp) offers franchises for the operation of a studio that offers dance and dance fitness classes under FRED ASTAIRE Dance Studios mark (a "Studio").
Franchise Opportunity
You want to get fit, but the thought of going to a gym makes you cringe. Gyms can be intimidating, and they're often filled with people who seem like they know what they're doing. It's hard to know where to start, and it's easy to feel like you're not good enough. FRED ASTAIRE DANCE STUDIO is the solution for you. We offer dance classes in a fun and supportive environment. Our certified instructors will help you learn the basics of dance and get you moving towards your fitness goals.
Corporate Structure
The franchisor is FADS USA, Inc., a Delaware corporation, which has roots in a system founded in 1963. It is a wholly owned subsidiary of Fred Astaire Dance of North America, Inc., with its principal business address at 155 Hazard Avenue, Suite 8, Enfield, Connecticut 06082.
Franchise Types Available
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Employee Contact Database
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Distribution of Fred Astaire Franchised Dance Studio Franchisees
Fred Astaire Franchised Dance Studio Franchise System Development in 2024
FAQ
How much investment do I need to start my own Fred Astaire Franchised Dance Studio business?
Franchisees typically require at least $296,200 to $658,200 investment to get their Fred Astaire Franchised Dance Studio business started
What are the initial franchise fees for Fred Astaire Franchised Dance Studio?
Franchisees typically need to pay at least $48,500 in fees directly to Fred Astaire Franchised Dance Studio in order to earn the right to launch their business
How much money can I make with a Fred Astaire Franchised Dance Studio franchise? What are
the average revenues for a typical Fred Astaire Franchised Dance Studio business?
We haven’t done the math on how much revenue a typical
Fred Astaire Franchised Dance Studio brings in each year. We estimate that other
franchisees in the Education & Arts industry generate
$805,794 revenue, so we would expect
Fred Astaire Franchised Dance Studio to generate a similar amount
How long do I need to commit to running a Fred Astaire Franchised Dance Studio unit? What
is my contractual commitment?
Fred Astaire Franchised Dance Studio franchisees are typically required to sign up to a
10 year contract initially. The renewal length
is 10 years. You can of course exit early but
don’t expect to get any refund!
Accessibility
The Franchisor's investment costs ranges from
$296,200 to $658,200
which is
Much Higher
than the $0 to $0 average in the Education industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc
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