School of Rock
Music education- 2022 Franchise 500 Rank
-
#184 Ranked #215 last year
- Initial investment
-
$396K - $537K
- Units as of 2022
-
307 29.0% over 3 years
Company Overview
About School of Rock
- Industry
- Children's Businesses
- Related Categories
- Children's Enrichment Programs: Miscellaneous, Tutoring, Children's Education/Enrichment
- Founded
- 1998
- Parent Company
- School of Rock LLC
- Leadership
- Rob Price, CEO
More from School of Rock
About
With more than 20 years of experience and over 260 schools throughout North and South America, Africa and Asia Pacific, School of Rock is the leader in performance-based after school music education. We were recently named a Forbes Best Franchise (#2 in the Medium Investment Level) and the #1 Music Franchise in America, as well as an Entrepreneur Magazine Top 200 Franchise and the #1 Child Enrichment Franchise for 2020. Students learn from professional musicians in an interactive environment, combining weekly one-on-one lessons with structured group rehearsals that culminate in a live performance in front of real crowds in real rock venues.
Through our performance-based approach to teaching music, our students are more inspired to learn, more motivated to excel and more confident in everything they do. Our series of programs are specifically designed to take each student on a unique musical journey, always giving them something to aspire to. Whether they are a complete novice or a seasoned musician there will always be something new and challenging for them to tackle. Our students not only learn to be great musicians, but they also establish a work ethic, learn teamwork and gain confidence that they can take with them throughout their lives.
Benefits
5 Reasons School of Rock is a Unique Franchising Experience
- Make a Real Difference: Impact children's lives through music.
- Turn Your Passion Into Profit: Your love for music can be your career.
- Financing Options Available: If you meet our minimum requirements, our partnership with ApplePie Capital makes financing easy.
- Simplified Application Process: Get your new school open faster than ever.
- Real Estate Development Services: Take the work out of developing your franchise's storefront.
Testimonials
"I am 100% meeting my goals. For me, the School of Rock investment is amazing. It’s central to everything I’m about. I care about people, I care about helping kids, I love music and we’re generating cash. It’s phenomenal."
- MATT ROSS (Former School of Rock CEO)
Chatham, NJ School of Rock & Cresskill and Clark, NJ, School or Rock
"This is a fulfilling enterprise. This is really about self-actualization and achieving a dream of having a high-profile positive impact in the community. You can look long and hard from Alaska to Miami, but it’s really difficult to find a business you can start that’s actually fun. Maybe you can make $100 more a month at a franchise deli shop, but you’re making sandwiches. This is so much more unique."
- Charles Stevenson
Chicago West School of Rock
"There’s absolutely nothing like it. It’s a proven model: The opportunity and the structure of the business and the programs are a success. There’s nothing out there in the majority of markets I know of that can compete on that level. You may have some mom-and-pop type of schools that do something similar, but we’re a global brand."
- Bea Escobar
Fayetteville, AR, School of Rock
Franchising Overview
- Franchising Since
- 2005 (17 years)
- # of employees at HQ
- 30
- Where seeking
-
This company is seeking new franchisees throughout the US.
This company is seeking new franchisees worldwide.
- # of Units
- 307 (as of 2022)
Franchisor Information
Information for Franchisees
Here’s what you need to know if you’re interested in opening a School of Rock 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
- $49,900
- Initial Investment
- $395,800 - $537,400
- Net Worth Requirement
- $350,000
- Cash Requirement
- $125,000
- Veteran Incentives
- $5,000 off franchise fee
- Royalty Fee
- 8%
- Ad Royalty Fee
- 3%
- Term of Agreement
- 10 years
- Is franchise term renewable?
- Yes
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
- School of Rock has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll
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
- 47.5 hours
- Classroom Training
- 44.5 hours
- Additional Training
- Additional training as needed
- Ongoing Support
-
Purchasing Co-opsNewsletterMeetings & ConventionsToll-Free LineGrand OpeningOnline SupportSecurity & Safety ProceduresLease NegotiationField OperationsSite SelectionProprietary SoftwareFranchisee Intranet Platform
- Marketing Support
-
Co-op AdvertisingAd TemplatesNational MediaRegional AdvertisingSocial MediaSEOWebsite DevelopmentEmail MarketingLoyalty Program/App
Operations
Additional details about running this franchise.
- Is absentee ownership allowed?
- Yes
- Can this franchise be run from home/mobile unit?
- No
- Can this franchise be run part time?
- No
- # of employees required to run
- 14-21
- Are exclusive territories available?
- Yes
Request free information
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Franchise 500 Ranking History
Compare where School of Rock landed on this year’s Franchise 500 Ranking versus previous years.
Additional Rankings
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