#211
At a Glance
Products & Services: Music education
Number of Locations: 91
Total Investment: $137.35K - 304.1K
Founded: 1998
Began Franchising: 2005
About School of Rock
Paul Green began offering music lessons out of his home in 1998, and in 2000, he opened the Paul Green School of Rock Music in Philadelphia. He opened more locations and began franchising the schools in 2005 before being bought out by investor Sterling Partners, who changed the name to School of Rock. School of Rock music schools teach guitar, bass, vocals, keyboards and drums, combining weekly private music lessons and group band rehearsals to prepare students for live performances. Day camps are also offered during summer, winter and spring breaks.Franchise Units
| Year | U.S. | Canadian | International | Company Owned |
| 2012 | 63 | 0 | 3 | 25 |
| 2011 | 46 | 0 | 2 | 22 |
| 2010 | 35 | 0 | 1 | 21 |
| 2009 | 30 | 0 | 1 | 22 |
Where Seeking Franchisees: Franchisor is seeking new franchise units worldwide.
Startup Costs, Ongoing Fees and Financing
Total Investment: $137,350 - $304,100
Franchise Fee: $49,500
Ongoing Royalty Fee: 8%
Term of Franchise Agreement: 10 years, renewable
Franchise Fee: $49,500
Ongoing Royalty Fee: 8%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Net Worth: $300,000
Liquid Cash Available: $100,000
Operations
33% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 14 - 21. Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators).| Financing Type | In-House | Third Party |
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How This Franchise Supports Franchisees
Training: Available at headquarters: 4 days. At franchisee's location: 3 days. Additional training as needed
Ongoing Support: Newsletter, Meetings, Grand opening, Field operations/evaluations, Lease Negotiation
Marketing Support: Ad slicks, National media, Regional advertising,
Franchise Ranking History
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