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Below is an in-depth analysis and side-by-side comparison of Parisi Speed School vs Arthur Murray including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $9,000 - $183,500 | $46,485 - $225,250 |
Franchise Fee | $2,000 - $6,000 | $12,500 - $100,000 |
Royalty Fee | $250-$1.4K/mo. | - |
Advertising Fee | - | 12% local |
Year Founded | 1992 | 1912 |
Year Franchised | 2005 | 1946 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | Classroom Training: 40 hours | Optional 2 to 3 day training program before the Studio opens, if you have no previous experience. |
Support | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | - |
Marketing | Ad Templates National Media Social media SEO Website development | - |
Operations | - | You must devote your full time, attention and best efforts to operating the Studio. The Studio always must be under your direct, on-premises control and full time supervision. If you operate more than one Studio, each Studio must be under the direct on-p remises supervision of an acceptable manager who has demonstrated the ab ility to operate a Studio. The manager need not have an equity inte rest in the business. However, the manager must sign an agreement containing confidentiality and noncompe titive provisions with the Studio. |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | No | - |
International Expansion | Yes | Yes |
Parisi Owners enjoy a vast array of benefits from a company with more than 20 years in the youth sports performance business. Parisi's proven business models allow owners to tap into the ever-growing youth market to:
-Own your market through our protected territory program
-Begin a youth program with instant credibility that includes an established concept, a reputable brand name, and a nationally recognized professional athlete client list
-Utilize proprietary and proven training methodologies that generate safe and effective results
Arthur Murray Dance Studios provide trained professionals who can help
interested people in learning the art of dancing in their comfortable
and friendly dance studio atmosphere. The professionals enable students
to feel comfortable on any dance floor and with any dance partner.
Arthur Murray offers convenient times and enrollments that allow you to
take lessons in any of their franchised dance studios worldwide. Arthur
Murray instructors are specially trained and certified and can put
students in touch with today.