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Entrepreneur: Start & Grow Your Business

Monart School of the Arts

Art education

Background

Founded: 1979 Franchising since: 2004
2340 Powell St., #397
Emeryville, California 94608
Phone:
(310)390-0386


Franchisor is a privately-held company with 4 employee(s); 2 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2009 27 0 0 0
2008 33 0 0 0
2007 32 0 0 0
2006 29 0 0 0
2005 23 0 0 0

Where Seeking Franchisees
In the U.S. United states
Worldwide

Exclusive territories available.
Territory size: 90,000-200,000 population

Costs and Fees

Total investment: $65K-75K
Franchise fee: $15K
Ongoing royalty fee: 8%
Term of agreement: 7 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
Cash liquidity requirement: $65K-75K
Business Experience:
  • General business experience
  • Marketing skills

Operations
  • 6% of all franchisees own more than one unit
  • Number of employees needed to run franchised unit: 3 - 4
  • Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

Training and Support

Training
  • At existing franchise location

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

Marketing Support
  • Regional advertising

Other marketing support
  • Website, marketing materials