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Franchise 500 2023
Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$45K - $53K
Units as of 2022
55 Decrease 43% over 3 years

Young Rembrandts is a company that teaches children between the ages of 3 and 12 how to draw. Teachers teach students how to draw different things each lesson. Students will build upon their learned skills as they progress with Young Rembrandts. 

The Young Rembrandts company began in 1988 and started franchising in 1997. They have more than 75 franchise locations around the U.S., with a corporate office in Elgin, Illinois. In addition Young Rembrandts has a handful of locations in Canada and throughout the world.

Why You May Want to Start a Young Rembrandts Franchise

Franchisees operate their Young Rembrandts franchise from their home and host courses at various venues around the community, such as at a school or community center. Franchisees will employ part-time teachers to lead the Young Rembrandts courses. Here, teachers will teach the principles of drawing using a specific curriculum and a step-by-step teaching process. Students have the option to learn in-person, live online, or with on-demand classes catering to the varying needs of all students and their busy schedules.

A Young Rembrandts franchise gives franchisees a turn-key home-based business. Once purchased, franchisees will complete a comprehensive and thorough introductory training, which allows you to start working directly upon completion. You will have access to the Young Rembrandts intranet library, complete with training, marketing, and business tools. Franchisees also have access to teacher preparation materials that will help to educate their part-time teachers. 

The company provides you with easy-to-use web monitoring and personal target management tools to run your business. The Young Rembrandts franchise will train you to use its patented job management and scheduling tools to develop your company. If you are an entrepreneur who wants to impact the lives of children through art, then this is the franchise business for you. 

What Might Make Young Rembrandts a Good Choice?

To open a Young Rembrandts franchise, you should make sure you're financially ready for an initial investment that will include a franchise fee and other potential startup fees. If you need financing, you can get help with the franchise fee through a third-party finance company. Still, you'll want to make sure you have enough capital available to cover potential fees. These might include predetermined royalty fees, advertising fees, and potential renewal fees.

With your investment, you will receive training from the Young Rembrandts franchise support system. Young Rembrandts delivers a devoted trainer and personal business advisor to each new franchisee, helping them meet personal and financial goals. The Young Rembrandts company will also help with a website, local mini-site, social marketing, advanced and personalized marketing materials, and various other marketing resources. 

How to Open a Young Rembrandts Franchise

As you decide whether you wish to open a Young Rembrandts franchise, make sure you take time to explore the opportunity. Research the brand and your local area to see if a franchise would do well in your community. If there are multiple other art studios geared towards children in your area, then opening a Young Rembrandts franchise in that location may not be the best option. 

To open a Young Rembrandts franchise, fill out the request form. A representative may contact you to get to know you better and tell you more about the opportunity. If both parties are interested after initial contact, a Young Rembrandts franchise representative will take entrepreneurs through the franchising process, including a discovery day with Young Rembrandts executives. Finally, you may sign a franchise agreement before beginning to mold young minds through art classes. 

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Company Overview

About Young Rembrandts

Industry Children's Businesses
Related Categories Children's Enrichment Programs: Miscellaneous, Miscellaneous Children's Businesses, Tutoring, Children's Enrichment Programs: Art, Children's Education/Enrichment
Founded 1988
Leadership Bette Fetter, President/CEO
Corporate Address 23 N. Union St.
Elgin, IL 60123
Social Facebook, Twitter, LinkedIn, Instagram, YouTube, Pinterest

Business Overview

Franchising Since 1997 (27 years)
# of employees at HQ 16
Where seeking

This company is offering new franchises throughout the US.

This company is offering new franchises worldwide.

# of Units 55 (as of 2022)

Information for Franchisees

Here's what you need to know if you're interested in opening a Young Rembrandts franchise.

Financial Requirements & Ongoing Fees

Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee Information Circle
$39,500
Initial Investment Information Circle
$45,455 - $53,235
Net Worth Requirement Information Circle
$100,000
Cash Requirement Information Circle
$40,000
Veteran Incentives Information Circle
10% off franchise fee
Royalty Fee Information Circle
10%
Ad Royalty Fee Information Circle
1%
Term of Agreement Information Circle
10 years
Is franchise term renewable? Yes
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Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

Third Party Financing Young Rembrandts has relationships with third-party sources which offer financing to cover the following: franchise fee

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training 11 hours
Classroom Training 35 hours
Ongoing Support
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Field Operations
Proprietary Software
Franchisee Intranet Platform
Marketing Support
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing

Operations

Additional details about running this franchise.

Is absentee ownership allowed? No
Can this franchise be run from home/mobile unit? Information Circle
Yes
Can this franchise be run part time? Information Circle
No
# of employees required to run 2-20
Are exclusive territories available? Information Circle
Yes
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Franchise 500 Ranking History

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022