Young Rembrandts Franchise Inc.

Young Rembrandts Franchise Inc.

Young Rembrandts Franchise Inc.
#356

Initial Investment

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

Change in Units

0.0% 0 UNITS (1 Year)
+1.9% +2 UNITS (3 Years)

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Promoted Opportunities

Company Profile

Founded

1988

Franchising Since

1997 (19 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

Franchise 500® Rank History

Highest Rank: 287

Lowest Rank: 492

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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