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The Real Cost of An Abrakadoodle Franchise
Abrakadoodle has become a favorite among kids who have a love for art and those who have yet to discover their passion for arts. This company was launched because the founders saw a lack of art integration in schools. And both founders believe that art was essential in fostering kids’ cognitive abilities, growth, and creativity. Abrakadoodle’s art classes have been unrivaled over the years, offering franchise options for those who want to spread advocacy while earning. Learn about the Abrakadoodle franchise terms.
Company Overview
Abrakadoodle was launched in 2002 by two founders who felt the need for more art classes in school curriculums. They provide arts education classes for children from 20 months old to 12 years old. It started franchising in 2004, and the franchisor is under Abrakadoodle Inc.
For a decade, Abrakadoodle has enhanced kids’ lives by providing rich and interactive arts education programs. These programs ignite their creativity and imagination, which enable them to realize new talents and skills in arts.
The company has been organizing the best summer art camps, parties, art classes, and various art events for over a million children in various sites and locations. The company’s goal is to bring art to communities and schools via a mobile art program. Abrakadoodle boasts of the best and well-trained instructors with excellent teaching methods. The classes may be a little messy, but it’s always a fun experience for kids all over.
Franchise Training Details
Here’s everything you need to know about the Abrakadoodle training programs:
- Franchisees are required to attend quick start training programs before attending the business development training program. This includes learning from videos, DVDs, reading, meetings, and other materials and methods.
- The franchisees must complete the 5-business-day business development training program held in a designated location in Washington, D.C.
- Franchisees are mandated to attend international, national, or regional meetings organized by the franchisor.
- Franchisees must attend follow-up or refresher training programs the franchisor conducts.
Franchise Territory
The franchisor grants franchisees protected territory within the county or 5-digit zip codes boundaries. A qualifying household means households with a $75,000 income or more. Here are other details:
- A designated standard local territory must have qualifying households of 20,000
- If it has over 20,000 qualifying households but doesn’t reach 50,000, the franchisees may have to pay a higher initial franchise fee
- A designated regional territory must have 50,000 – 60,000 qualifying households. If it’s over 60,000, the franchisee may have to pay a higher initial franchise fee
- The franchisor doesn’t grant a territory with over 100,000 qualifying leads
Franchise Obligations and Conditions
A trained manager must supervise the franchise at all times. It must be open every week for the hours and days stated in the manual.
Franchisees must only sell products and services authorized by the franchisor. Franchisees must not sell products or services that deviate from the Abrakadoodle system.
Franchise Term and Renewal
Franchisees are eligible for a 10-year term. However, renewal to another 10 years is acceptable if they meet the Franchise Agreement’s renewal requirements.
Financial Aid
The franchisor doesn’t provide direct as well as indirect financing. Moreover, the franchisor doesn’t guarantee a note, lease, or obligation for the franchisee.
Did You Know?
Here are some fun facts about Abrakadoodle:
- Abrakadoodle’s unique pedagogy can develop cognitive skills such as problem-solving, history, language, critical thinking, measurement, and fine motor development.
- Founders Rosemarie Hartnett and Mary Rogers launched the first programs in Northern Virginia
- Over one million kids have joined the Abrakadoodle program by 2013!
- Abrakadoodle is featured in over 100 online and print publishing companies such as Entrepreneur, Inc, Wall Street Journal, Washington Post, Black Enterprise, and more!
Your Investment:
Here’s the Abrakadoodle franchise cost:
| Name of Fee | Low | High |
|---|---|---|
| Initial Franchise Fee | $25,400 | $38,899 |
| Prepaid 6 Months of Minimum Continuing Franchise Fee Class Management Program Fees and Technology Fees | $3,738 | $3,738 |
| Initial Materials Fee | $5,000 | $5,000 |
| Advertising Fee | $600 | $600 |
| Additional Materials and Office Supplies for 1st 6 Months (stationery business cards brochures, marketing materials on-line service telephone service with voice mail paper etc.) | $1,000 | $3,850 |
| 1 Laptop Computer (per the franchisor’s current specifications for initial laptop computer) | $0 | $2,200 |
| 1 Digital Camera | $0 | $200 |
| 1 Color Printer | $0 | $100 |
| Travel Lodging and Meals for Business Development Training (per person) | $1,000 | $2,000 |
| Business Development Training Fees (per person) | $0 | $3,500 |
| Business Licenses, Permits, Etc. (for 1st 6 months) | $50 | $100 |
| Insurance (for 1st 6 months) | $300 | $750 |
| Additional Funds (for 1st 6 months) | $1,000 | $3,000 |
| ESTIMATED TOTAL* | $38,028 | $63,937 |
Other Fees:
| Type of Fee | Amount |
|---|---|
| Continuing Franchise Fee | 8% of gross sales. |
| Advertising and Promotional Contribution | 1% of gross sales. |
| Remedial or Follow-up Training | Currently $3,500 per person per day. |
| Business Development Training of Replacement Manager | Currently $3,500. |
| Technology Fee | Currently $28 per month. |
| Class Management Program Fee | Currently $95 per month. |
| Field Assistance | Currently $500 per day plus expenses. |
| Annual Conference | Proportionate share of the franchisor’s out-of-pocket costs. |
| Advanced Abrakadoodle Training | Varies under circumstances. |
| Equipment Supply or Supplier Testing or Inspection | Out-of-pocket expenses plus the then-current per diem charges for the franchisor’s personnel. |
| Transfer | An amount equal to 8% of the total sales price including all equipment, goodwill materials and all other elements of the sale This fee is subject to a minimum transfer fee that is equal to 30% of then-current initial franchise fee for comparable territory plus the franchisor’s initial materials fee and its out-of-pocket travel lodging and meal expenses. |
| Transfer Involving a Broker | Actual broker’s fee. |
| Renewal | 5% of then-current initial franchise fee for a comparable territory. |
| Audit | Cost of inspection or audit. |
| Late Fees and Interest | $25 plus lesser of 1.5% per month or highest rate of interest allowed by law (in California the highest lawful rate of interest is 10% per annum). |
| Reimbursements and Penalty Fees | Will vary under circumstances. |
| Inspection | The franchisor’s actual costs including travel expenses room board and compensation of its representative or designee. |
| Deficiencies | The franchisor’s actual costs. |
| Costs and Attorneys’ Fees | Will vary under circumstances. |
| Indemnification | Will vary under circumstances. |
If you’re ready to start your Abrakadoodle franchise, visit their website for more details.
For other franchise information, read more here at Franchise How!