Franchise FAQ

how much is a school of rock franchise

by Mrs. Retta Witting V Published 1 year ago Updated 1 year ago
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Full Answer

What is School of Rock?

When was the School of Rock movie made?

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How much does it cost to franchise a School of Rock?

Average costs for opening a School of Rock location range from $395,800 – $537,400. To qualify as a candidate, our minimum requirements are $125,000 in liquid assets and $350,000 in net worth (a single candidate or the sum of the assets of a group of investors).

How do I open a School of Rock franchise?

To buy a franchise with School of Rock, you'll need to have at least $125,000 in liquid capital and a minimum net worth of $350,000. Franchisees can expect to make a total investment of $322,500 - $521,000.

Is School of Rock a good franchise?

With more than 55,000 students worldwide, School of Rock was named one of the 2022 Fastest Growing Franchises in Entrepreneur's Franchise 500. We have over 300 music schools around the world thanks to our strong leadership, years of expertise, and franchisee-focused support.

Who owns School of Rock franchise?

We have over 300 franchise units open around the world and are continuing to expand both domestically and internationally. Owned by a private equity firm, Sterling Partners, we are provided with resources a smaller music franchise wouldn't have access to.

How much does a franchise cost?

Franchise startup costs can be as low as $10,000 or as high as $5 million, with the majority falling somewhere between $100,000 and $300,000. The price all depends on the industry, location and type of franchise.

How long does it take for a franchise to become profitable?

One common misconception when it comes to operating a franchise is that once you sign on the dotted line and open for business, the customers and revenue will start flowing. This is typically not the case. It normally takes a year or two to become profitable.

Is School of Rock a good business?

School of Rock also has garnered the following industry awards: 2021 Franchise Innovation Award for Most Innovative Use of Customer-Facing Digital Tools; 2021 Global Franchise Awards Best Children's Service and Education Franchise; 2021 Entrepreneur Magazine's Franchise 500 Top Children's Music Enrichment Brand; ...

How many school of rocks are there in the US?

School of Rock (company)School of RockTypeFranchisorFounderPaul GreenHeadquartersCanton, MassachusettsNumber of locations247 schools in the US 5 in Mexico 6 in Canada 36 in Brazil 4 in Australia 1 in the Philippines 5 in Chile 1 in Colombia 1 in Peru 1 in South Africa 1 in Spain 1 in Taiwan7 more rows

How long has school of rock been in business?

Founded as a single school in Philadelphia, Pa., in 1998, School of Rock now has over 300 locations in 15 different countries, helping aspiring musicians master skills, unleash creativity, and develop tools they need to thrive in life.

Who is the CEO of School of Rock?

CEO Rob PricePropelling substantial growth both domestically and internationally for the brand, School of Rock CEO Rob Price was recognized as one of Global Franchise Magazine's 20 Exceptional Franchise Leaders of 2021.

Does School of Rock teach music theory?

School of Rock's Songwriting Program teaches the fundamentals of songwriting, arrangement and music theory, and helps students compose original works. Students have one weekly private lesson on an instrument of their choice where they learn concepts, technique and theory.

Is School of Rock good for adults?

Yes. The School of Rock Adult Program is designed for musicians of all skill levels, including those with little to no musical experience. Once enrolled, students will receive weekly lessons tailored to their unique skill level and goals.

How do I start a music school?

9 Tips for Starting a Music SchoolCome up with a Business Plan. Running a music school takes more than some instruments and studio space. ... Enlist Some Help. ... Location, Location, Location. ... Spread the Word. ... Build a Portfolio. ... Diversify. ... Don't Forget to Network. ... Create a Fun Learning Environment.More items...•

Is School of Rock trademarked?

SCHOOL OF ROCK Trademark of School of Rock, LLC - Registration Number 4218179 - Serial Number 77870457 :: Justia Trademarks.

How many School of Rock locations are there?

300 locationsSchool of Rock boasts more than 50,000 students and over 300 locations worldwide.

What types of characteristics do you anticipate School of Rock looks for in franchisees?

An ideal School of Rock franchisee candidate has a passion for music, a love of children and a willingness to give back to their community. They believe in our brand and our mission of providing a safe space for students to develop into musicians. Candidates must believe in their ability to run a successful franchise.

What is School of Rock?

As educators, we’re trailblazers with our patented performance-based model of music instruction. You may already be familiar with the movie that bears our name. Yes, we were the little startup that inspired that movie, but the real-life School of Rock is so much more. Today we’re an education franchise with over 290 locations worldwide. We have schools in 15 countries and continue to develop and open new schools around the globe.

When was the School of Rock movie made?

Even if you’re not familiar with the history of School of Rock the franchise, or School of Rock the Broadway musical, chances are you’ve heard of School of Rock the movie from 2003. Beyond the shared name and rock ‘n’ roll spirit, the School of Rock franchise is a trademarked brand and global phenomenon, operating franchised music schools in ...

What is a school of rock?

School Of Rock is a performance-based music school with a rock music program.

What is franchise grade?

Franchise Grade is dedicated to providing research and education that can help you make confident franchise investment decisions.

How many franchise locations do they have?

As of the 2017 Franchise Disclosure Document, there are 183 franchised School of Rock locations in the USA.

How do franchise profits work?

Franchise profits depend on a number of variables, including local demand for your product, labor costs, commercial lease rates and several other factors. Typically, franchise profits are proportionate to the size of investment. We can help you figure out how much money you can make by reviewing your personal situation. Please unlock this franchise for more information.

What is School of Rock?

With more than 20 years of experience and over 260 schools throughout North and South America, Africa and Asia Pacific, School of Rock is the leader in performance-based after school music education. We were recently named a Forbes Best Franchise (#2 in the Medium Investment Level) and the #1 Music Franchise in America, as well as an Entrepreneur Magazine Top 200 Franchise and the #1 Child Enrichment Franchise for 2020. Students learn from professional musicians in an interactive environment, combining weekly one-on-one lessons with structured group rehearsals that culminate in a live performance in front of real crowds in real rock venues.

What is franchise fee?

What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor.

What is franchise investment?

Definition: The total amount necessary to begin operation of the franchise. What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital.

How long is a franchise agreement?

10 years. Definition: The length of time your franchise agreement will last. What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease.

What is performance based approach to teaching music?

Through our performance-based approach to teaching music, our students are more inspired to learn, more motivated to excel and more confident in everything they do. Our series of programs are specifically designed to take each student on a unique musical journey, always giving them something to aspire to. Whether they are a complete novice or a seasoned musician there will always be something new and challenging for them to tackle. Our students not only learn to be great musicians, but they also establish a work ethic, learn teamwork and gain confidence that they can take with them throughout their lives.

Where is Paul Green School of Rock Music?

Paul Green began offering music lessons out of his home in 1998, and in 2000, he opened the Paul Green School of Rock Music in Philadelphia. He opened more locations and began franchising the schools in 2005 before being bought out by investor Sterling Partners, who changed the name to School of Rock. School of Rock music schools teach guitar, bass, vocals, keyboards and drums, combining weekly private music lessons and group band rehearsals to prepare students for live performances. Day camps are also offered during summer, winter and spring breaks.

Do franchisors have in-house financing?

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

How long has School of Rock been around?

For more than 20 years, School of Rock has been teaching kids and adults how to channel their inner rock stars. As educators, we’re trailblazers with our performance-based model of music instruction. Today we’re an almost 300 unit global brand, boosting the lives of over 40,000 students in 9 countries. We continue to develop and open new schools across the world. The leadership team is comprised of a group of experienced franchise executives who are either musicians themselves or deeply passionate about music and music education.

How long does it take for School of Rock to open?

Usually, the opening of a new School of Rock happens approximately 3 to 4 months after signing the lease. There are many moving parts in the opening process, so the new franchisees work with a Project Manager who will assist them, taking all of the steps to keep the process on the track and on budget, and to keep clear lines of communication. We work together to evaluate and approve the site, and also provide a Design & Construction Manual, and assistance on the planning of the Grand Opening.

How long is the franchise management course in Chicago?

To help our franchisees manage their day-to-day operations, all franchisees are required to attend a four-day management course in Chicago where they will partake in an immersive training program that covers all aspects of what maintaining a franchise location entails. This includes marketing, employee management, IT overviews and more.

How many part time teachers are there in a music school?

With a staff of instructors, usually about 20 or so part-timers per school , the franchisee will be working day after day with professional musicians who are passionate about teaching their skills to children. The owner will also be afforded franchise training and support from industry experts who are just as connected to music as you and your staff.

How does School of Rock help musicians?

You start by learning to play and perform the songs that inspire you, and through that process, you will develop mastery of music theory with the added benefit of knowing how to play with others. Our unique approach to instruction and our love of rock music help young, aspiring musicians find themselves, hone their talents and build the confidence they need in their lives. School of Rock is a safe place for kids to learn, develop friendships with other kids who are into music and carve out a niche for themselves in a world where they might never have felt a sense of belonging before. Whether you’re a musician looking to build your first business venture or an experienced business executive looking to buy a franchise, we’ve built up an incredible support system.

What is the School of Rock Method?

One aspect that sets us apart from the market is the proprietary School of Rock Method™. We combine one-on-one instruction with group rehearsals and live performances. This integrated approach teaches students techniques and theory while also helping them apply those skills when performing with other musicians. This method results in remarkable musical proficiency. Our Method includes our Method Books, the roadmap for our educational approach. The books outline musical concepts and techniques, and then connect them to classic songs for students to learn and play. Students will also find tips on rehearsing and performing with a band. And our revolutionary Method App is an invaluable tool for home practice. It contains all of the exercises from the School of Rock Method Books, along with transcriptions of over 1,000 songs. The Method App is used by our teachers to assign exercises and songs and to provide feedback and comments. Students can manipulate playback, tempo and backing track audio to help them learn. The Method App is patent pending and only available to students enrolled at School of Rock.

Is School of Rock safe?

School of Rock is a safe place for kids to learn , develop friendships with other kids who are into music and carve out a niche for themselves in a world where they might never have felt a sense of belonging before.

What is School of Rock?

As educators, we’re trailblazers with our patented performance-based model of music instruction. You may already be familiar with the movie that bears our name. Yes, we were the little startup that inspired that movie, but the real-life School of Rock is so much more. Today we’re an education franchise with over 290 locations worldwide. We have schools in 15 countries and continue to develop and open new schools around the globe.

When was the School of Rock movie made?

Even if you’re not familiar with the history of School of Rock the franchise, or School of Rock the Broadway musical, chances are you’ve heard of School of Rock the movie from 2003. Beyond the shared name and rock ‘n’ roll spirit, the School of Rock franchise is a trademarked brand and global phenomenon, operating franchised music schools in ...

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What Is School of Rock?

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As educators, we’re trailblazers with our patented performance-based model of music instruction. You may already be familiar with the movie that bears our name. Yes, we were the little startup that inspired that movie, but the real-life School of Rock is so much more. Today we’re an education franchise with over 290 location…
See more on franchisegator.com

Training and Support

  • Our goal is to help you find real estate, open, staff, market, and operate your School of Rock quickly and confidently. You gain access to our tried-and-true business model, including operational and financial practices to grow your business fast. We provide a complete package of ready-to-use marketing tools and corporate support to implement these customer acquisition an…
See more on franchisegator.com

Five Reasons to Own A School of Rock

  1. Make a Real Difference: Impact children's lives through music.
  2. Turn Your Passion Into Profit: Your love for music can be your career.
  3. Financing Options Available: If you meet our minimum requirements, our partnership with ApplePie Capital makes financing easy.
  4. A proprietary School of Rock Method, including Method Books, App, and Engine, offering a un…
  1. Make a Real Difference: Impact children's lives through music.
  2. Turn Your Passion Into Profit: Your love for music can be your career.
  3. Financing Options Available: If you meet our minimum requirements, our partnership with ApplePie Capital makes financing easy.
  4. A proprietary School of Rock Method, including Method Books, App, and Engine, offering a unique music education experience

Testimonials

  • “Most of the kids who come to School of Rock are just drifting through school, they’re not plugged in anywhere. Their parents are frustrated. They’ve tried band, they’ve tried soccer — nothing sticks. They feel like failures. They send their kids to School of Rock and now they’re plugged in, they’ve got a network of friends, they’ve got mentors in our teachers, they’re performing on stage, they’r…
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Join Our Team!

  • School of Rock is looking for energetic individuals who enjoy working with families and children. An ideal School of Rock franchisee candidate believes in our brand and our mission of providing a safe space for students to develop into musicians. Successful candidates must believe in their ability to run and own a franchise. They ask the right questions in order to succeed. They must a…
See more on franchisegator.com

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