My Music Skool

At a Glance

Products & Services: Music lessons, camps, parties and supplies

Number of Locations: 2

Total Investment: $70.5K - $515.1K

Founded: 2008

Began Franchising: 2014

Franchise Units

Year U.S. Canadian International Company Owned
2014 0 0 0 2
2013 0 0 0 1
2012 0 0 0 1
2011 0 0 0 2
2010 0 0 0 2
Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $70,465 - $515,050
Franchise Fee: $25,000 - $35,000
Ongoing Royalty Fee: 6%
Term of Franchise Agreement: 10 years, renewable
Veteran Incentives: 25% off franchise fee
Financial Requirements
Net Worth: $250,000
Liquid Cash Available: $70,000
Direct Capital
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters. Available at franchisee's location.
Ongoing Support: Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives, Lease Negotiation
Marketing Support: Co-op advertising, Regional advertising,

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