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Below is an in-depth analysis and side-by-side comparison of Whizard Academy for Mathematics & English vs School of Rock including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $125,800 - $177,300 | $271,500 - $494,100 |
Franchise Fee | $38,000 | $49,900 |
Royalty Fee | 10% | 8% |
Advertising Fee | - | 3% |
Year Founded | 1993 | 1998 |
Year Franchised | 1993 | 2005 |
Term Of Agreement | - | 10 years |
Term Of Agreement | - | 10 years |
Renewal Fee | $75K/$10K | - |
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/No | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | - | On-Site training in both the business and music instruction aspects of running your school at one of our three training schools On-The-Job Training: 5 hours Classroom Training: 25 hours Additional training as needed |
Support | - | Assistance in getting your school built including a nationwide network of real estate partners, design and construction standards and guidance, and contracting partners. A proprietary IT system to manage the school business Grand Opening and continued marketing support through plan development and execution, creative and collateral, PR, and A dedicated franchise operations director to work with you Ongoing new product and program development Discounts on equipment through our network of partners The only national network of rock music education schools. Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
Marketing | - | Ad Templates National Media Regional Advertising SEO Website development Email marketing |
Operations | - | Absentee Ownership Allowed Number of Employees Required to Run: 14 - 21 |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | No | - |
International Expansion | No | Yes |
We're a US company founded on the successful model of our affiliate Canadian company Academy for Mathematics & Science which utilizes an international product which has assisted thousands of students (just like yours) to develop their Mathematical, English and Science skills.