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Playtime Piano Instruction
4800 Dromoland Ct., # G
Owings Mills, MD 21117




Submit an online form to receive information from Playtime Piano Instruction.
Business Description

PLAYTIME PIANO INSTRUCTION provides in-home piano instruction (plus other instruments). Individually tailored programs consider each student's learning style/musical preferences. Lessons are fun and keep students motivated. We teach theory hands-on through our composition program. Practice Incentive Program provides prizes. Home-based business with low overhead/low start-up cost. We provide everything a franchisee needs to become successful in this largely untapped market.

Franchisor Background

Year Established:  1997

Franchising Since:  2002

Operating Units:

Franchised Units:

0

0%
Company-Owned Units:1100%
 
Total Operating Units:
1
100.0%
 
Geographic Distribution:
U.S.:1100%In 1 States
Canada:00%In 0 Canadian Provinces
International:00%In 0 Foreign Countries
 
Total:
1
100.0%
 
 
North America:
States/Provinces with the largest number of operating units:
DensityUnits
1. Maryland1

Registered in Following Registration States:

Financial Requirements

Investment:
Minimum Net Worth: $35K
Cash Investment:$17.5-25K
Total Investment:$30.9-50.1K
Average Total Investment:$40K
 
Fees:
Initial Franchise Fee:$17.5K
Average Franchise Fee:$18K
On-Going Royalty:8%
Average Royalty:8%
Advertising Fee:1%
 
Average Number of Employees: 1 Full-time, 1 Part-time

Space Needs (in square footage):

Preferred Sites: Home-based

Other Sites:

Encourage Conversions? Not Applicable

Earnings Claims Provided?: No

Franchisee Qualifications
 
Ranked from 1 (unimportant) to 5 (important):
Financial Net Worth:4
General Business Experience:3
Specific Industry Experience:1
Formal Education:3
Psychological Profile:5
Personal Interview(s):5
 
Terms of Contract
 
Term of Initial Contract:10 Year(s)
Term of Renewal Period:10 Year(s)
Passive Ownership:Not Allowed
Area Development Agreements?No
Sub-Franchising Contracts?No
Franchisees Allowed to Expand Within Territory?Yes
 
Support and Training
 
International Franchise Association:No
Canadian Franchise Association:No
Franchisee Association/Member:No
Size of Corporate Staff: 3
Site Selection Assistance?Not Applicable
Lease Negotiation Assistance?Not Applicable
Financial Assistance?N/A
 
Marketing Support:
Co-Op Advertising:No
National Advertising:No
Regional Advertising:No
Local Advertising:No
Marketing Materials:None Specified
Additional Services:None Specified
Other Marketing Support:None Specified
 
On-Going Support:
Central Data Processing:Not Applicable
Central Purchasing:Not Applicable
Field Operation Evaluation:Included in Fees
Field Training:At Additional Cost
Initial Store Opening:Not Applicable
Inventory Control:Not Applicable
Franchisee Newsletter:Included in Fees
Regional or National Meetings:Included in Fees
800 Telephone Hotline:Included in Fees
 
Training:
 
Expansion Plans
 
Projected New Units Over Next 12 months: 10-15

U.S.:

Yes, MD and Non-Reg. States First
Canada:No
Overseas:No
Submit an online form to receive information from Playtime Piano Instruction.