smART Explorers

Children's art education

Background

Founded: 2006 Franchising since: 2007

P.O. Box 8495
Asheville, North carolina 28814

Phone:
(800)444-4968/ (828)277-5611

Franchisor is a privately-held company with 7 employee(s); 2 employee(s) in franchise department.

Franchise Growth

Year	U.S. Franchises	Canadian Franchises	Foreign Franchises	Company Owned
2007	0	0	0	2
2006	N/A	N/A	N/A	--
2005	N/A	N/A	N/A	N/A

Where Seeking Franchisees
In the U.S. 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
Worldwide

Exclusive territories available.
Territory size: Up to 125,000 population

Costs and Fees

Total investment: $27.5K
Franchise fee: $19.5K

Ongoing royalty fee: 7%
Term of agreement: 10 years, renewable

Type of Financing Available

	In-House	Third Party
Franchise Fee	Yes	No
Startup Costs	No	No
Equipment	No	No
Inventory	No	No
Accounts Receivable	No	No
Payroll	No	No

Operations

Franchise can be run from home
Number of employees needed to run franchised unit: 2 - 4
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)