Monart School of the Arts
At a Glance
Products & Services: Art education
Number of Locations: 27
Total Investment: $65K - 75K
Founded: 1979
Began Franchising: 2004
Private Owned
Franchise Units
| Year | U.S. | Canadian | International | Company Owned |
| 2009 | 27 | 0 | 0 | 0 |
| 2008 | 33 | 0 | 0 | 0 |
Where Seeking Franchisees: Franchisor is seeking new franchise units worldwide.
Startup Costs, Ongoing Fees and Financing
Total Investment: $65,000 - $75,000
Franchise Fee: $15,000
Ongoing Royalty Fee: 8%
Term of Franchise Agreement: 7 years, renewable
Franchise Fee: $15,000
Ongoing Royalty Fee: 8%
Term of Franchise Agreement: 7 years, renewable
Financial Requirements
Liquid Cash Available: $65,000 - $75,000
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).How This Franchise Supports Franchisees
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