Franchise Summary
Description
The franchise being offered is to establish and operate a School of Rock business. School of Rock businesses are performance-based music schools with a rock music program.
Corporate Structure
School of Rock Franchising LLC. Is a limited liability company, which was originally organized under the laws of Pennsylvania on August 19, 2005 under the name Paul Green School of Rock Music Franchising, LLC. Their principal place of business is 1 Wattles Street, Canton, MA 02021. They have been offering franchises since September 2005.
Earnings Transparency
This Franchise discloses slightly more information about the financial performance of their franchisees compared to other franchises in the same industry
Why do some franchises disclose more than others?
There are many reasons why a brand may choose to not include item 19 on their FDD: they could be a newer franchise, they may be in a unique industry that is not super profitable or well-known yet
Financial Performance of "Standard" Units
Average Revenue Per Unit
Compared vs. Education Industry$404,006 / unit
Franchise Type: Standard
Average Revenue During 2020
Franchise Types Available
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Management Team
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Distribution of School of Rock Franchisees
School of Rock Franchise System Development in 2022
FAQ
How much investment do I need to start my own School of Rock business?
Franchisees typically require at least $441 to $593 investment to get their School of Rock business started
What are the initial franchise fees for School of Rock?
Franchisees typically need to pay at least $49 in fees directly to School of Rock in order to earn the right to launch their business
How much money can I make with a School of Rock franchise? What are
the average revenues for a typical School of Rock business?
We estimate that the average revenue of an individual
School of Rock unit is approximately
$404,006. We based this on Item 19 in franchise disclosure
document
How long do I need to commit to running a School of Rock unit? What
is my contractual commitment?
The standard length for an initial franchise contract is 10 years. Renewals are
also generally 10 years
Accessibility
The Franchisor's investment costs ranges from
$441,000 to $593,900
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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