HOW TO START A FRANCHISE WITH SCHOOL OF ROCK
School of Rock is one of the best franchise to buy for entrepreneurs
School of Rock is the best franchise to buy for those with a passion for music, a love of children, and a willingness to give back to their community.
An ideal School of Rock franchisee candidate believes in our brand and our mission of providing a safe space for students to develop into musicians. Successful candidates must believe in their ability to run and own a franchise. They ask the right questions in order to succeed. They must also be able to work within the School of Rock process, especially for the first year or two.
Research: How to own a franchise
Before looking into how to buy a franchise, candidates should always research to learn more about their options. At School of Rock, we advise our candidates to begin their research with our franchise disclosure document (FDD) to gain insights into our brand and our vision. We also encourage candidates to reach out to our franchisees to validate their findings or ask any questions.
Candidates should also read industry publications, like franchise updates, Forbes, or Entrepreneur for the latest information on promising franchises to invest in.
1. How well-known is the brand?
When buying a franchise, you’ll want to look into the brand you’re researching and gauge how well it’s known. We encourage candidates to ask their friends and community members about School of Rock to measure the awareness of the brand in the neighborhood they plan to start their music school.
In addition to speaking with your community, candidates should conduct a Google search and check social media channels to assess the local awareness of School of Rock. Candidates should also check for customer reputation, franchisee reviews, and overall vision of the brand.
2. How much control do franchisees have?
When looking into a franchise, start with researching how much control you’ll have over day-to-day operations. The amount of control a franchisee has over their business varies from franchise to franchise. At School of Rock, our candidates must understand that they’re buying into a proven system.
The franchisee maintains our standards and is the face of the company on the local level. We’re always looking to improve, and we listen to our franchisees for ideas on how to make our brand stronger. However, all ideas must apply to our brand as a whole, and we make no compromises on the safety of our students.
After opening a franchise, most franchisees spend the first few years developing a solid understanding of what works and what doesn’t. Once they’ve built a solid foundation, franchisees generally start to get creative with music camps and workshops. For instance, all franchisees must offer dedicated School of Rock programs, but franchisees are in charge of determining specific aspects of the curriculum, like the genre of rock or the artists that are covered.
Franchisees also have flexibility when it comes to customizing their locations, and have the power to create their own rock-based design theme, so long as it adheres to School of Rock requirements. When building their teams, franchisees also have complete control over managing staff and can determine whom to hire and schedule as they see fit.
These are only some of the many ways franchisees can run their businesses. For more information about what franchisees can do with their School of Rock franchises, contact us or read franchisee reviews to see what others are saying.
3. What kind of equipment do franchisees need?
Like any business, it’s important to understand the equipment or capital investments needed to start your franchise. At School of Rock, candidates will need musical and educational equipment for teaching students how to play.
For a complete list of all equipment required by School of Rock, candidates will have access to our franchise disclosure document (FDD) during the application process. Interested candidates can reach out to our development team to gain access to our FDD.
4. Are there available franchise opportunities in your area?
Before buying a franchise, candidates should first verify that there are opportunities available in that particular locality. Contact us if you’re interested in learning more about how to start a School of Rock franchise in your area.
When looking to buy a School of Rock franchise, we advise our candidates to choose a space that is at least 2,500 square feet and located in an area of commerce. We have partnerships with real estate brokers and architects to assist you during this process.
5. How much support does the franchisor provide?
When owning a franchise, you don’t always want to go it all alone. That’s why School of Rock provides franchisees with all the tools and guidelines needed for success. Our ultimate goal is to efficiently minimize the time it takes from signing on the dotted line to opening your doors.
What goes into owning a School of Rock franchise?
For those who aren’t quite sure how to buy a franchise and turn it into a successful business, we’re going to tell you how it’s done and why we’re ranked among children’s franchises as the No. 1 Child Enrichment Program by Entrepreneur Magazine.
Operating a School of Rock with day-to-day operations
With your staff of instructors, usually about 20 or so part-timers per school, you’ll be working day after day with professional musicians who are passionate about teaching their skills to children. You’ll also be afforded franchise training and support from industry experts who are just as connected to music as you and your staff.
To help our franchisees manage their day-to-day operations, all franchisees are required to attend a four-day management course in Chicago, where they will partake in an immersive training program that covers all aspects of what maintaining a franchise location entails. This includes marketing, employee management, IT overviews and more.
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How School of Rock offers Franchisees Support
Tony Padulo, Chief Development Officer
Whether you’re a musician looking for your first business venture or an experienced business executive looking to buy a franchise, we’ve built up an incredible support team to provide you with everything you need to build your business.
“When a new franchise candidate signs up to become a franchisee, we provide them with a guaranteed weekly exchange and communication with their franchise business consultant,” says Anthony Padulo. “On a weekly basis, they are going to touch base with their consultant on a number of things: marketing, staffing, construction, architectural drawings, business systems and music programming — everything.”
The support doesn’t end when the lease is signed on the new school site.
“The support teams we have in place include marketing, operations, music programming, IT — we have several folks that work at a help desk that are available to answer technical-related questions throughout the day,” Padulo says. “Our response rates are excellent. Our franchise owners are going to receive a level of support on all aspects of their business that is, I would say, the best in the industry.”
– Chief Development Officer, Anthony Padulo
Grand Opening Franchise Support
From the moment you sign a franchise agreement, our team springs into action to help get you on the road to success. From the real estate search to making sure you open with a sufficient number of students, our team is at your disposal.
“We have a comprehensive process that we start months in advance of opening your new franchise,” says Elliot Baldini, chief marketing officer. “We have a series of support calls, and we walk franchisees through every step of the process.”
At the start, each new franchise owner is assigned a franchise business consultant and is put in touch with our project manager in charge of new school openings. Our franchise support team will provide weekly touch-base meetings where they use project management software that allows franchisees to communicate with their consultant on any number of projects.
“At the end of the day, everything lines up so that when you have the grand opening of your school, you have a lot of people attend that event,” Baldini says. “Then you ultimately have the number of enrolled students that you need, which is going to set you up for success in the long run.”
Ongoing Franchise Training & Support
The support doesn’t end there. We also offer continuous training, with teams in place to help franchisees with operations, marketing and IT, including a 24-hour help desk to address technology-related issues.
Once you’ve bought your new franchise, we go into execution mode. We provide tools so franchisees can chart their own progress as they build up their business, and we make sure our franchise support teams are available and responsive.
Our response rates are excellent, and franchisees receive a level of support in all aspects of their business that is the highest in the industry. School of Rock walks franchisees through every step of owning a franchise while still allowing them latitude to adapt our systems in a way that best suits their individual markets.
No matter the task, School of Rock franchisees will have the support they need for as long as they own the franchise.
Franchise Training & Support Questions
Can I speak with other franchisees to find out more about owning a franchise?
Yes, and we encourage our candidates to speak with our franchisees. We will provide you with a list of all current and former franchisees for you to contact to gain additional insights as to who we are as a brand and our company culture.
Does the franchisor offer ongoing support after initial training?
Yes, School of Rock supports our entrepreneurs long after they open their new franchises. We offer IT support that includes access to customized task management and internal social productivity sites.
Will I get any help with managing my staff?
Yes, School of Rock provides our franchisees with the tools and guidelines for employee engagement as well as the hiring and firing process. However, franchisees are solely responsible for managing their employees.
Will I have assistance in managing my finances?
We connect new owners with financial advisers during the initial stage of buying the franchise. Financial advisers help guide franchisees as they determine the best ways to finance their locations. However, franchisees are solely responsible for managing their own finances.
Our partnerships with vendors of music gear will not only help you get the best deals to equip your school but also provide discounts to your employees, helping you to attract and keep local talent.
Does the franchisor support marketing?
For their grand opening, franchisees receive marketing support from School of Rock for lead generation and for email.
Understanding the costs of franchise ownership
When buying your franchise, the initial investment can range from $170,000 to $400,000. This includes a one-time franchise fee of $49,500, a $10,000 signage fee, three months of working capital, $15,000 to $30,000 for equipment, etc. For a complete breakdown of costs, visit our startup costs page.
Ways to finance your franchise
Our candidates may choose from the following three options to finance their School of Rock franchise:
- A general SBA Loan requiring a 15%-to-20% cash injection
- 401k rollover, which allows franchisees to borrow against their own money.
Candidates may also choose to work with one of our financial adviser partners. Contact us to learn more about how you can finance your own School of Rock franchise.
Everyone at School of Rock is invested in teaching kids that learning to be a musician can be a blast.
Additional questions to ask before buying a franchise
1. How long has the franchise been running? And how many School of Rock franchise locations are there today?
Since we began franchising in 2008, School of Rock franchisees started and grew more than 220 locations in nine countries around the world. That’s an average of 20 new franchises opening every year.
We have 20 years of experience specializing in music education. 11 of those years have been spent expanding both our national and international presence.
2. How much money can I make?
Unfortunately, we’re unable to provide any projected revenue, as we are governed by the Federal Trade Commission. However, historical income statements and additional information are available upon request. We also welcome our candidates to contact both current and previous franchise owners to discuss any further questions.
Money isn’t the only driving force for our School of Rock franchisees. You’ll be filled with the satisfaction of watching your students develop from bashful and self-conscious pupils to musicians who can own a stage.
Request Franchise Information
You can call us (877) 556-6184 to learn more about your School of Rock franchise opportunity, or fill out the form on this page to download our Executive Summary, which includes more in-depth financial information including Item 19 and Item 7 from the Franchise Disclosure Document.