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Entrepreneur: Start & Grow Your Business

Young Rembrandts Franchise Inc.

Art classes for children ages 3 to 12

Background

Founded: 1988 Franchising since: 1997
Bette Fetter, a mother of three young children, was working at a preschool when a friend mentioned the difficulty she was having in finding art classes for young children. A watercolor artist with a degree in studio art, Fetter knew she was an ideal candidate to start such a program.

Her program, Young Rembrandts, focused on drawing, and Fetter was soon teaching it to preschool children. After years of fine-tuning, the techniques and subject matter were adapted to two age groups (3- to 5-year-olds and 6- to 12-year-olds), and the program was taken into day-care centers, parks and after-school programs.

Young Rembrandts franchises teach weekly drawing and cartooning classes and offer three-week drawing camps.

23 N. Union St.
Elgin, Illinois 60123
Phone:
(847)742-6966


Franchisor has 17 employee(s); 8 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2009 72 0 5 1
2008 70 0 4 2
2007 64 0 1 4
2006 57 0 1 3
2005 51 0 0 1

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Pennsylvania, South carolina, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Worldwide

Exclusive territories available.
Territory size: 40+/75+ elementary schools; 400,000-600,000 population

Costs and Fees

Total investment: $39.9K-49.6K
Franchise fee: $31.5K
Ongoing royalty fee: 10-8%
Term of agreement: 10 years, renewable


Type of Financing Available
In-House Third Party
Franchise Fee No No
Startup Costs No No
Equipment No No
Inventory No No
Accounts Receivable No No
Payroll No No

Qualifications
Net worth requirement: $100K
Cash liquidity requirement: $40K
Business Experience:
  • General business experience
  • Marketing skills
  • People skills, leadership skills

Operations
  • Franchise can be run from home
  • 13% of all franchisees own more than one unit
  • Number of employees needed to run franchised unit: 2 - 20
  • Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

Training and Support

Training
  • Available at headquarters: 5 days

Ongoing Support
  • Meetings
  • Toll-free phone line
  • Internet
  • Field operations/evaluations

Marketing Support
  • Co-op advertising
  • Ad slicks

Other marketing support
  • Full marketing package

Rankings

Franchise 500® rank:
#410 (2009); #328 (2008); #479 (2007); #492 (2006); #368 (2005);

Ranked #1 in category in:
2008; 2005;

Low-Cost Franchises:
#91 (2009); #76 (2008); #105 (2005);

Top Home Based Franchises:
#93 (2008); #105 (2005);