|
Below is an in-depth analysis and side-by-side comparison of Grade 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 | $85,000 - $100,000 | $271,500 - $494,100 |
Franchise Fee | $30,000 | $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 | - | - |
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 | Prior to opening, the franchisee attends our initial training program that lasts approximately eight days. Training will, unless otherwise stated, take place at our Head Office in Mississauga, Ontario. The franchisee and their staff must also attend such additional or supplemental training courses and seminars and franchisee meetings of such duration as the franchisor may deem reasonably necessary. | 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 | Operating assistance and training on a continuing basis. Our franchisees attend quarterly franchisee meetings, regular conference calls, webinars, conventions and manager meetings, where they have the opportunity to learn new skills, stay up-to-date with Grade Learning news and provide input, assistance and support in the building, launching and refining of current and new programs. | 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 |
Canada Expansion | Yes | - |
International Expansion | - | Yes |
With our GRADE heritage of success and growth, we create futures for you and your students. Make a Difference. Supported by a system that has been perfected over more than 17 years, our owners are trained to start and manage thriving campuses. When you join the Grade Learning family, we become your partners in making your campus a success. From site selection to decor, from training to marketing, we provide you with all the tools to develop a thriving education business that will surprise you with its performance. Fast Facts Grade Learning campuses provide education and training to people of all ages. We are Canadian owned and operated with locations throughout Ontario. Our staff of certified (B.Ed., TESL and Microsoft Office Specialist) teachers and qualified Career College Instructors lead small classes in comfortable, professional environments. Our proprietary teaching methodology is designed to help students achieve better educational and employment outcomes.