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Young Rembrandts Franchise Inc.

2014 Franchise 500
#334
At a Glance

Products & Services: Art classes for ages 3 to 12

Number of Locations: 100

Total Investment: $40.4K - $48.7K

Founded: 1988

Began Franchising: 1997

About Young Rembrandts Franchise Inc.

Bette Fetter, a mother of three young children, was working at a preschool when a friend mentioned the difficulty she was having in finding art classes for young children. A watercolor artist with a degree in studio art, Fetter knew she was an ideal candidate to start such a program. Her program, Young Rembrandts, focused on drawing, and Fetter was soon teaching it to preschool children. After years of fine-tuning, the techniques and subject matter were adapted to two age groups (3- to 5-year-olds and 6- to 12-year-olds), and the program was taken into day-care centers, parks and after-school programs. Young Rembrandts franchises teach weekly drawing and cartooning classes and offer three-week drawing camps.

Franchise Units

Year U.S. Canadian International Company Owned
2014 85 7 8 0
2013 87 6 9 0
2012 82 7 7 0
2011 77 4 7 0
2010 75 2 5 0
Where Seeking Franchisees: Franchisor is seeking new franchise units worldwide.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $40,360 - $48,700
Franchise Fee: $31,500
Ongoing Royalty Fee: 10-8%
Term of Franchise Agreement: 10 years, renewable
Veteran Incentives: 10% off franchise fee
Financial Requirements
Net Worth: $100,000
Liquid Cash Available: $40,000
Operations
Franchise can be run from home. 13% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 2 - 20. Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators).

How This Franchise Supports Franchisees

Training: Available at headquarters: 5 days.
Ongoing Support: Meetings, Toll-free phone line, Internet, Field operations/evaluations
Marketing Support: Co-op advertising, Ad slicks,
Other marketing support: Full marketing package

Franchise Ranking History

Franchise 500®: #334 (2014), #308 (2013), #287 (2012), #406 (2011), #317 (2010),
Low-Cost: #58 (2014), #51 (2013), #55 (2012), #93 (2011), #78 (2010),
Top Home-Based: #92 (2014), #84 (2013), #87 (2012), #92 (2010),
America's Top Global: #104 (2014), #192 (2013),

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