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smART Explorers

At a Glance

Products & Services: Children's art education

Number of Locations: 6

Total Investment: $21K - 23K

Founded: 2008

Began Franchising: 2010

Private Owned

Franchise Units

Year U.S. Canadian International Company Owned
2010 3 0 0 3
2009 N/A N/A N/A 1
2008 N/A N/A N/A 1
Where Seeking Franchisees: Franchisor is seeking new franchise units in the following states:
Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, North Dakota, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, United States, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming.
Franchisor is seeking new units in World Wide.

Startup Costs, Ongoing Fees and Financing

Total Investment: $21,000 - $23,000
Franchise Fee: $16,000
Ongoing Royalty Fee: 7%+
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Net Worth: $25,000
Liquid Cash Available: $3,000 - $5,000
Operations
Franchise can be run from home. Number of employees needed to run franchised unit: 2. Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators).
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: In Houston, TX : 4 days.
Ongoing Support: Meetings, Internet, Security/safety procedures, Field operations/evaluations,

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