Tracy Learning vs School of Rock Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Tracy Learning vs School of Rock including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$72,200 - $100,000 | $271,500 - $494,100 |
Franchise Fee |
$35,000 | $49,900 |
Royalty Fee |
- | 8% |
Advertising Fee |
- | 3% |
Year Founded |
- | 1998 |
Year Franchised |
- | 2005 |
Term Of Agreement |
- | 10 years |
Term Of Agreement |
- | 10 years |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
- | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
-/- | -/- |
Start-up Costs |
-/- | -/- |
Equipment |
-/- | -/- |
Inventory |
-/- | -/- |
Receivables |
-/- | -/- |
Payroll |
-/- | -/- |
Training & Support |
Training |
Before you open your franchise, you will attend an intensive two-week training program at our corporate headquarters in Orem, Utah, or we can come to your location.
Ongoing training and assistance is available year round. Web and computer-based instruction and one-on-one, on-site visits from our trained and experienced staff of field consultants. | 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 |
We help you develop relationships with your customers by helping you show them that you are their connection to effective training.
Tracy Learning's national advertising becomes your advertising. | 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 |
US Expansion |
Yes | Yes |
Canada Expansion |
- | - |
International Expansion |
- | Yes |
Company Overviews
About Tracy Learning
Taking control of your own financial future by owning a Tracy Learning franchise has never been easier or more desirable. Leading businesses around the globe look to Tracy Learning as an important source of effective training solutions.
As a member of our franchisee network, you will:
* Be in charge of your own life
* Get away from corporate downsizing
* Create something of lasting value, a legacy for your family
* Fulfill your ambitions
Every Tracy Learning franchise is equipped with the technologies, capabilities and training that will ensure that you exceed customer expectations and eclipse the competition.
Businesses need multiple skills and capabilities in order to survive and prosper.
At Tracy Learning, we offer a variety of training offerings to match the current and future needs of our clients. Tracy Learning's strong market presence and innovative training solutions deliver the quality and service that our business partners demand.
Every Tracy Learning franchise offers training courses in:
* Leadership
* Problem Solving
* Decision Making
* Proactive Planning
* Problem Prevention
* Customer Loyalty
* Customer Allegiance
* Team Development
* Project Management
Tracy Learning is working to build a network of franchisees who are talented, experienced executives and who have been successful in other businesses and the corporate world.
Our franchisees will be a key competitive advantage for Tracy Learning. We are looking for professionals with diverse experience but share a common entrepreneurial spirit that leads to excellence, the willingness to work for financial rewards and an interest in a stimulating and profitable future.
If you can deliver training, are customer service oriented and want to be rewarded based on your own efforts, a Tracy Learning franchise may be the right opportunity for you.
About School of Rock
School of Rock is a performance-based after school music education program that provides individual music lessons taught by working musicians, group rehearsals, performance experience, exclusive limited access to the school and equipment during business hours, and branded merchandise for students between the ages of seven and nineteen. We provide a rock music program for children, a method of teaching students through performing in front of a paying audience in a real rock venue, and regional groups of elite students known as "The School of Rock All Stars".
Be part of a fun, unique, and purposeful business.
Connect and collaborate with a rapidly growing network of partners and owners who are passionate about what they do.
Make a difference in kids' lives through music.
Own and operate a community based business backed by an international organization that will support you every step of the way.
Turn your passion for music into your work - you don't have to be a musician but you do need to love rock and roll.
Whether you are a musician, just love good music, or are simply looking for a business that rocks we encourage you to learn more about the unique School of Rock franchise opportunity.
The investment cost for School of Rock outside the United States will vary depending on building and material costs, labor, taxes and many other factors. We are looking for international partners who have the expertise and financial strength to open multiple schools either as a Master Franchisee or Area Developer.
The total investment necessary to begin operation of a School of Rock
business is $271,500 - $494,100. This includes $49,900 that must be paid
to the franchisor or their affiliate. They may also offer you the
opportunity to enter into a development agreement, in which case you
will be required to pay the franchisor a development fee equal to
$12,475 for each school you plan to develop.
Franchisor is seeking new franchise units Worldwide.
Veteran Incentives 10% off franchise fee
In Franchise Business Reviews Top 200.
#219 in Franchise 500 for 2020.
#215 in Franchise 500 for 2021.