Typical Investment
The typical investment for a Bach to Rock franchise is $255,500 to $549,500. That includes the brick-and-mortar school, marketing for your grand opening and a startup package of musical instruments, as well as everything else you need to furnish your music school.
Our franchise schools tend to start out with one full-time music director, a full-time assistant director and probably four to six part-time music teachers, with the aim of serving an initial enrollment of 250. As enrollment grows, you’ll add more full-time and hourly staff accordingly. With limited full-time staff and a part-time teaching staff added as needed, our franchisees can scale their business at a comfortable pace without overextending themselves financially.
We have already invested a lot of money into our unique curriculum and an ever-expanding library of songs from every genre of music. Our teaching method is like no other in the music education space today, fostering teamwork and enhancing self-esteem and, more importantly, bringing joy to a lot of kids who want to find their own inner stars. We help with marketing and offer support and training to our franchisees for special events such as grand openings. Our staff is always available to coach you on how to effectively market your Bach to Rock school.
Here’s a look at the typical startup costs as outlined in Item 7 of our Franchise Disclosure Document:
Your Estimated Initial Investment
| Type of Expenditure* | Estimated Amount/ (Low- High Range) | Method Of Payment | When Due | To Whom Payments are to be Made |
|---|---|---|---|---|
| Initial Franchise Fee | $45,000 | Lump sum | Upon signing Franchise Agreement | Us |
| Harmony Gateway License Fee | $5,000 | Lump sum | Upon signing Franchise Agreement | Us |
| Real Estate; Prepaid Rent and Security Deposit | $3,000-$15,000 | Lump sum | Upon signing lease and as incurred | Landlord |
| Leasehold improvements | $105,000-$275,000 | As incurred | As incurred | Contractors |
| Signage | $4,000-$15,000 | As incurred | As incurred | Suppliers |
| Furniture and Fixtures | $2,000-$14,000 | As incurred | As incurred | Suppliers |
| Architectural Plans and Design | $6,000-$13,000 | As incurred | As incurred | Suppliers, Us |
| Lease Review Fee | $0-$2,500 | As incurred | As incurred | Us |
| Computer System | $7,000-$12,000 | As incurred | As incurred | Computer suppliers |
| Equipment | $20,000-$35,000 | As incurred | As incurred | Equipment suppliers |
| Insurance Deposits and Premiums | $2,000-$5,000 | As incurred | As incurred | Insurance carrier(s) |
| Travel and living expenses during training | $500-$5,000 | As incurred | During training | Third parties |
| Grand Opening Advertising | $25,000 | As incurred | Within the 60 days before and up to 90 days after opening of the School | Advertising suppliers |
| Licenses and permits | $2,000-$8,000 | As incurred | As incurred | Various municipal agencies |
| Professional Fees | $3,000-$15,000 | As incurred | As incurred | Attorneys, accountants and other professionals |
| Inventory, Curriculum and Course Materials | $2,000-$4,000 | As incurred | As incurred | Suppliers, Us |
| Pre-Opening Costs | $4,000-$16,000 | As incurred | As incurred | Suppliers, employees |
| Additional Funds (3 Months) | $20,000-$40,000 | As incurred | As incurred | Suppliers, employees and other creditors |
| Total Estimated Initial Investment - $255,500-$549,500 |
Disclaimer:
* Additional details on these figures are included in the Franchise Disclosure Document (FDD).
This information is not intended as an offer to sell, or the solicitation of an offer to buy, a franchise. It is for information purposes only. An offer is made only by Franchise Disclosure Document (FDD). Currently, the following states regulate the offer and sale of franchises: California, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington, and Wisconsin. If you are a resident of one of these states or a country whose laws regulate the offer and sale of franchises, we will not offer you a franchise unless and until we have complied with applicable pre-sale registration and disclosure requirements in your jurisdiction.
