School of Rock Franchise Opportunities
School of Rock teach guitar, bass, vocals, keyboards and drums, combining weekly private music lessons and group band rehearsals to prepare students for live performances. The company was founded in Philadelphia in 1998. They also provides franchise opportunities. As of 2018, the company operates 150 franchises in the United States and 29 ones outside the country.
How much does School of Rock franchise cost?
School of Rock has the franchise fee of up to $49,500, with total initial investment range of $169,350 to $399,100.
Initial investments: $169,350 - $399,100
Net-worth Requirement: $300,000
Liquid Cash Requirement: $100,000
Ongoing Fees
Initial Franchise Fee: $49,500
Ongoing Royalty Fee: 8%
Ad Royalty Fee: 3%
Support Options
On-The-Job Training: 5 hours
Classroom Training: 25 hours
Additional Training: Additional training as needed
Number of Employees Required to Run: 14 - 21
School of Rock Franchise Info: https://franchising.schoolofrock.com