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Below is an in-depth analysis and side-by-side comparison of Summit Learning Services 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 | $32,995 - $46,995 | $271,500 - $494,100 |
Franchise Fee | $12,995 - $24,995 | $49,900 |
Royalty Fee | 14% | 8% |
Advertising Fee | - | 3% |
Year Founded | 2007 | 1998 |
Year Franchised | 2009 | 2005 |
Term Of Agreement | 5 years | 10 years |
Term Of Agreement | 5 years | 10 years |
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 | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
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 | Franchise can be run from home. 25% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 2. Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators). | Absentee Ownership Allowed Number of Employees Required to Run: 14 - 21 |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | - | - |
International Expansion | - | Yes |
Summit Learning Services was established by Jeanee Thompson and Ed Cwieka. Beginning with only 1 understudy, Summit Learning Services developed to 150 understudies in 3 months. The organization gave mentoring administrations at their corporate office and in addition understudy's homes.
In 2008, Summit Learning Services was named "Business Accomplice Of They Year" by Broward County Public Schools. The principal establishment was sold in 2009 and numerous more units are being arranged all through the USA and Canada.
Extent of Services
Utilizing a blend of outsider and restrictive educational modules, Summit is taking in Services mentors understudies from K-12 in perusing, math and science. The organization gives these administrations to understudies in the No Child Left Behind program and also private pay understudies. The organization has a strict arrangement of utilizing just state confirmed instructors as guides.