School of Rock
Cherry Franchise Broker
Total investment:
$ 169,350
Franchise fee:
$ 49,500
Royality fee:
8%
Monthly marketing payment :
$ 0
Number of franchises
Return
Time period
Revenue:
$ 12 000*
* Calculator calculations are provisional, not guaranteed
MAIN INFORMATION
Foundatoin year: 1998
Year of franchising: 2005
Company units:
Franchise units: 179
Total number of units:
Number of employees per unit: 14-21
Contract period: 60 month
FRANCHISE ONLINE
WEBSITESchool 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
On-The-Job Training: 5 hours
Classroom Training: 25 hours
Additional Training: Additional training as needed
Net-worth Requirement: $300,000
Liquid Cash Requirement: $100,000 Ad Royalty Fee: 3%
Cherry Franchise Broker
Languages: 
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