School of Rock vs Class 101 Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of School of Rock vs Class 101 including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
School of Rock Franchise
Class 101 Franchise
Investment $271,500 - $494,100$45,950 - $63,450
Franchise Fee $49,900$32,900
Royalty Fee 8%8%
Advertising Fee 3%2%
Year Founded 1998-
Year Franchised 2005-
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements
 
School of Rock Franchise
Class 101 Franchise
Experience --

Financing Options
 
School of Rock Franchise
Class 101 Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
School of Rock Franchise
Class 101 Franchise
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

Class 101 has an exhaustive preparing stage that incorporates how to deal with each part of your business. New franchisees experience seven days in length instructional course at our home office in Lexington, Kentucky, and may bring one care staff colleague. We will be close by to guide you through the whole procedure of propelling your Class 101 office to guarantee that you have all that you have to make your new business a win from the very first moment.
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
 
School of Rock Franchise
Class 101 Franchise
US Expansion Yes-
Canada Expansion --
International Expansion Yes-

Company Overviews

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

""      "Entrepreneur
In Franchise Business Reviews Top 200.
#219 in Franchise 500 for 2020.
#215 in Franchise 500 for 2021.


About Class 101

Since its establishing in 1997, Class 101 has helped a huge number of secondary school understudies get into the best universities at the best cost. We trust each secondary school understudy ought to have a positive school involvement and that families ought to, and can, pay less out of their own pockets for school. A great many secondary school understudies select as school first year recruits each fall. Over and over again, they pass up a great opportunity for a huge number of dollars of grant and give cash, and they wind up despondent and unsatisfied with their school involvement.

Through our one-on-one school arranging sessions with understudies, ACT and SAT arrangement classes, workshops and sorted out grounds visits, Class 101 offers a constant flow of pay for franchisees. Interest for customized school arranging, such as paying for school educational cost, will keep on rising. The normal school educational cost and charge bill is 40% higher in 2015-16 at open four-year establishments than it was in 2005-06, and it's 26% higher in the private four-year area, as indicated by the College Board. More than 40 million Americans are saddled with understudy credit obligation, by and large owing an amazing $1.3 trillion, and that figure is developing at the frightening rate of almost $3,000 every second, as per Experian.

"Youngsters are less inclined to tune in to their folks with regards to school arranging. From guardians, it's pestering. From us, it's recommendation. Guardians then know they have an emotionally supportive network; they can get in touch with us at any progression of the way. They can have genuine feelings of serenity that the whole school arrangement process is being directed by some individual their tyke will tune in to. We get the best from these children. We attest them, move them and show them. We are ideal adjacent to them to moderate the cost and intricacy of the school arrangement handle, all while imparting them with certainty," says Founder and CEO Tom Pabin.

Our establishment is flourishing; our proprietors experienced record development in 2015. We are presently enrolled, where fundamental, to offer establishments in more than 40 states. Our eleventh establishment area is opening in Wilmington, North Carolina, in mid 2016, with arrangements for extra establishments to open consistently.

"Entrepreneur
#441 in Franchise 500 for 2020.