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Young Rembrandts

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Young Rembrandts
23 N. Union St.
Elgin, IL 60123
800#: (866) 300-6010
Tel: (847) 742-6966 + 231
Fax: (847) 742-7197
E-Mail: [email protected]
Web Site: www.youngrembrandts.com/franchise_opportunities.htm
Contact: Ms. Kim Swanson, Director Franchise Operations


YOUNG REMBRANDTS, the premier instructional drawing program, ensures every child's creative success. All children are enthusiastic, confident artists when they are taught to draw using YOUNG REMBRANDTS' innovative step-by-step method. Our instructors guide students using a well-tested curriculum developed by artists and educators to maximize each child's creative potential. YOUNG REMBRANDTS classes are offered anywhere there is a desire for children to enjoy a positive artistic experience.




Franchisor Background


Established: 1988
First Franchise: 2001
Franchise Units: 53
Company-Owned Units: 3
Total Units: 56

Distribution:
U.S. -- 56; Canada -- 0; International -- 0
-North America -- Operations in 24 States
-States/Provinces with Greatest Density: IL, CA

Projected New Units Over Next 12 months: NR
Franchisee Qualifications: , , , , ,
(Click here for an explanation)

Registered in Following Registration States: All States Except ND, SD (Click here for an explanation)
Average Number of Employees: NR (FT = Full Time, PT = Part Time)
Space Needs: NA SF; HB (Click here for abbreviations)
Encourage Conversion: NA


Financial Requirements

Cash Investment: $31.5K
Total Investment: $35.9-48.8K
Average Total Investment: $42.4K
Minimum Net Worth: $100K

Fees:
-Franchise: $31.5K
-Average Franchise Fee: $31.5K
-Royalty: 10%/8%
-Average Royalty: 10.0%
-Advertising: NR

Provide Earning Claim Statement: NR


Terms of Contract

Term of Contract (Years): 10
Passive Ownership: Not Allowed
Area Development Agreements: Yes
Sub-Franchising Contracts: No
Expand In Territory: Yes


Franchisor Support and Training Provided

Site Selection Assistance: NA
Lease Negotiation Assistance: NA
Financial Assistance: No
Cooperative Advertising: NR
International Franchise Association: IFA MEMBER
Canadian Franchise Association:
Franchisee Association / Member: Yes
Size Of Corporate Staff: 17
On-Going Support: C,H,I (Click here for an explanation)
Training: 5 Days Elgin, IL.


Franchisor's Specific Expansion Plans

U.S.: All United States Where Registered
Canada: No
Overseas: No

Note: NR = No Response by Franchisor.
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