Young Rembrandts provides art enrichment programs for children, focusing on drawing classes that build creativity and confidence. The franchise uses a structured, step-by-step teaching method that supports skill development.
Key Insights
- Young Rembrandts was established with a core mission to empower children through art education, building a foundation for creative development that has been consistently delivered across various communities for many years. This approach focuses on teaching fundamental drawing and art skills in an accessible and engaging manner for young learners.
- The business operates a franchise model, delivering art classes through a network of independent franchisees who implement the established curriculum in schools, community centers, and dedicated studio locations. This decentralized operation allows for widespread reach and local adaptation of the program.
- Young Rembrandts functions within the children's enrichment and supplementary education sector, a field experiencing sustained demand as parents seek to provide their children with valuable extracurricular learning experiences beyond traditional schooling. The franchise offers a proven framework for delivering high-quality art instruction to this market.
Franchise Fee and Costs to Open
Exploring the financial picture of Young Rembrandts gives insight into both the upfront commitment and the potential revenue opportunity. According to FDD Item 7, opening this franchise typically involves an investment in the range of $51,375 - $59,325, along with a franchise fee of $44,500 - $44,500.
Financial Performance and Revenue
Yearly gross sales of $128,513 and estimated earnings of $17,992 - $23,133 show the potential financial performance of this franchise. These figures are crucial for prospective franchisees as they help to project revenue and profitability. They offer insight into the business's ability to generate income and can be used to compare its performance against other investment opportunities. The Franchise Payback Period of 3.2-5.2 provides an estimation of the time it might take for an owner to recover their initial investment. This metric is a key consideration for anyone evaluating the financial viability of a franchise, as it relates directly to the speed at which the business can become profitable. A shorter payback period can indicate a faster return on capital, which is a significant factor in making an informed decision about a franchise investment.
Training and Resources
Young Rembrandts provides new franchisees with comprehensive training. This program offers in-depth instruction on curriculum delivery and business operations. Initial training is typically a five-day program, held at the Young Rembrandts headquarters. They provide marketing materials and operational manuals. The franchise also offers ongoing support and resources.
Legal Considerations
Legal considerations for a Young Rembrandts franchisee are defined by the Franchise Disclosure Document (FDD) and the Franchise Agreement. This franchise does not disclose lawsuits or bankruptcy information in its FDD, but prospective franchisees should still review all terms thoroughly. Consultation with a qualified attorney is essential before making commitments.
Challenges and Risks
When considering a Young Rembrandts franchise, potential franchisees should evaluate local market saturation for art education programs. Understanding the operational demands, including scheduling classes and managing instructors, is also important. Furthermore, assessing the reliability of resources for art supplies and curriculum materials will be a factor in smooth day-to-day operations.
Franchise Datasheet
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