Young Rembrandts Franchise Inc.

Young Rembrandts Franchise Inc.

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Promoted Opportunities

Young Rembrandts Franchise Inc.

Initial Investment

LOW: $41,250
HIGH: $48,120

Change in Units

-1.0% -1 UNITS (1 Year)
+1.0% +1 UNITS (3 Years)

Company Profile

Founded

1988

Franchising Since

1997 (20 Years)

Corporate Address

23 N. Union St. Elgin, IL 60123

CEO

Bette Fetter

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 summer drawing workshops.

Financials

Financial Requirements

Initial Investment

$41,250 - $48,120

Net-worth Requirement

$100,000

Liquid Cash Requirement

$40,000

Ongoing Fees

Initial Franchise Fee

$34,500

Ongoing Royalty Fee

10-8%

Ad Royalty Fee

1%

Financing Options

Veteran Incentives


10% off franchise fee

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units worldwide.

Operations & Franchisor Support

Training at headquarters: 5 days

Ongoing Support
Newsletter
Meetings
Internet
Field Operations

Marketing Support
Ad Slicks
Regional Media

Number of employees required to run: 2 - 20

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: August 9th, 2016

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