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LAST UPDATED: 2/2024FRANCHISE WEBSITE:&nbsp;<a href="https://www.schoolofrock.com/franchising?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-school-of-rocks-franchise-costs-fees-profit-and-data-2721261" target="_blank" rel="nofollow">https://www.schoolofrock.com/franchising</a>NUMBER OF LOCATIONS: over 300REPORTED COST TO GET IN:&nbsp; $395,800 – $537,400REPORTED ROI (Item 19): N/A<a href="https://www.schoolofrock.com/franchising?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-school-of-rocks-franchise-costs-fees-profit-and-data-2721261" target="_blank" rel="nofollow">School of Rock</a> has become a trailblazer in the music school franchise industry. The brand offers guitar, drum, singing, bass guitar, keyboard and piano lessons to children and adults aspiring to be musicians. School of Rock is known for allowing its franchisees some creative freedom while offering support and training to help them succeed.&nbsp;<h3>How Many School of Rock Locations Are There?</h3>School of Rock’s franchise website states that there are over 300 locations in 15 countries. The brand was founded in 1998 in Philadelphia but didn’t begin franchising until 2004. Today School of Rock teaches over 55,000 students across the world and performs over 4,000 shows annually.&nbsp;<h3>What is the School of Rock Business Model?</h3>The School of Rock business model requires a brick-and-mortar location. The development team will assist franchisees in finding a location that works best for the school based on community demographics, local markets and specific space requirements. The brand also allows franchisees to use existing spaces for their school, but it must meet certain criteria such as the space being anywhere from 2,000 to 3,000 square feet. Franchisees can also potentially convert their existing music school to a School Rock upon request.&nbsp;In 2021, School of Rock was awarded a patent for its “Revolutionary School of Rock Method”. Which combines one-on-one instruction with group rehearsals and live performances, teaching students how to play together as a band. This method also utilizes an app that allows students to apply and practice what they have learned in their lessons at home.<h3>How Much Can School of Rock Franchise Owners Make?</h3>School of Rock does not make franchise earnings public. However,&nbsp;<a href="https://sharpsheets.io/blog/school-of-rock-franchise-costs-profits/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-school-of-rocks-franchise-costs-fees-profit-and-data-2721261#:~:text=On%20average%2C%20School%20of%20Rock,operated%20in%20all%20of%202021." target="_blank" rel="nofollow">SharpSheets</a> estimates that, on average, School of Rock franchised businesses make $504,000 in sales per year.<h3>How Much Does it Cost to Open a School of Rock?</h3>Average costs for opening a School of Rock location range from&nbsp; $395,800 – $537,400. To qualify as a candidate, minimum requirements are $150,000 in liquid assets and $350,000 in net worth.&nbsp;<ul><li>Initial Franchise Fee: $49,900</li><li>Initial Rent Outlays: $6,000 - $15,500</li><li>Site Selection and Leasehold Improvements: $237,000 - $275,000</li><li>Furnishings and Finishings: $12,000 - $26,000</li><li>Equipment: $20,000 - $30,000</li><li>Security Cameras: $7,500 - $16,500</li><li>Signage: $7,000 - $14,000</li><li>Supplies: $500 - $1000</li><li>Pre-opening Training: $1,800 - $3,000</li><li>Advertising: $10,000</li><li>Opening Inventory: $2,500 - $3,500</li><li>Computer / Software: $4,000 - $8,500</li><li>Permits &amp; Licenses: $2,000 - $3,500</li><li>Architectural Fees: $10,000 - $15,000</li><li>Prepaid Insurance Premiums: $500 - $3,000</li><li>Utility Costs &amp; Deposits: $600 - $1,500</li><li>Miscellaneous Opening Expenses: $3,500 - $7,500</li><li>Additional Funds for 3 Months: $21,000 - $54,000</li></ul>Ongoing Costs and Fees include:<ul><li>Royalty Fee: 8% of Gross Sales</li><li>Brand Fund: 3% of Gross Sales</li></ul><h3>What is the Franchise Fee for School of Rock?</h3>The School of Rock franchise fee for a single location is $49,000.&nbsp;<h3>Who is the Leadership of School of Rock?</h3><ul><li><a href="https://www.linkedin.com/in/robertlowellprice/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-school-of-rocks-franchise-costs-fees-profit-and-data-2721261" target="_blank" rel="nofollow">Robert Price: President and CEO</a></li><li><a href="https://www.linkedin.com/in/tony-padulo-c-f-e-9473289/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-school-of-rocks-franchise-costs-fees-profit-and-data-2721261" target="_blank" rel="nofollow">Anthony Padulo: Chief Development Officer</a></li><li><a href="https://www.linkedin.com/in/johncappadona/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-school-of-rocks-franchise-costs-fees-profit-and-data-2721261" target="_blank" rel="nofollow">John Cappadona: Chief Financial Officer</a></li><li><a href="https://www.linkedin.com/in/staceyryan27/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-school-of-rocks-franchise-costs-fees-profit-and-data-2721261" target="_blank" rel="nofollow">Stacey Ryan: Chief Operating Officer</a></li><li><a href="https://www.linkedin.com/in/sdresser/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-school-of-rocks-franchise-costs-fees-profit-and-data-2721261" target="_blank" rel="nofollow">Sam Dresser: Chief Innovation Officer</a></li><li><a href="https://www.linkedin.com/in/eric-schmidt-80bb1320/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-school-of-rocks-franchise-costs-fees-profit-and-data-2721261" target="_blank" rel="nofollow">Eric Schmidt: VP of Information Technology</a></li><li><a href="https://www.linkedin.com/in/meconnor/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-school-of-rocks-franchise-costs-fees-profit-and-data-2721261" target="_blank" rel="nofollow">Mary Connor: Chief Human Resources Officer</a></li></ul><h3>What Helpful Articles Can I Read to Learn More About School of Rock?</h3><ul><li><a href="https://sharpsheets.io/blog/school-of-rock-franchise-costs-profits/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-school-of-rocks-franchise-costs-fees-profit-and-data-2721261#:~:text=On%20average%2C%20School%20of%20Rock,operated%20in%20all%20of%202021." target="_blank" rel="nofollow">School of Rock Franchise Costs $467K (2023 Profits &amp; Stats)</a></li><li><a href="https://www.entrepreneur.com/franchises/schoolofrock/333874?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-school-of-rocks-franchise-costs-fees-profit-and-data-2721261" target="_blank" rel="nofollow">School of Rock– Entrepreneur Magazine</a></li><li><a href="https://franchisebusinessreview.com/top-franchises/school-of-rock/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-school-of-rocks-franchise-costs-fees-profit-and-data-2721261" target="_blank" rel="nofollow">School of Rock Franchise Opportunity</a></li></ul>Want to learn more about franchise opportunities on 1851 Franchise? Be sure to visit our&nbsp;<a href="https://1851franchise.com/power-rankings">Power Rankings</a> to read more on brands making moves.&nbsp;<a href="https://1851franchise.com/mathnasium/info">Mathnasium*</a><ul><li><a href="https://mathnasiumfranchise.com/?utm_source=1851franchise.com&amp%3Butm_medium=article&amp%3Butm_campaign=franchise-deep-dive-british-swim-schools-franchise-costs-fees-profit-and-data-2721274&utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-school-of-rocks-franchise-costs-fees-profit-and-data-2721261" target="_blank" rel="nofollow">Franchise Development Page</a></li><li>Number of Open Locations (as of 2/1/2024): 1,000+</li><li>Investment Range: $112,860 - $149,155&nbsp;</li></ul><a href="https://1851growthclub.com/brands/learningrx/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-school-of-rocks-franchise-costs-fees-profit-and-data-2721261" target="_blank" rel="nofollow">LearningRx</a><ul><li><a href="https://www.learningrx-franchise.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-school-of-rocks-franchise-costs-fees-profit-and-data-2721261" target="_blank" rel="nofollow">Franchise Development Page</a></li><li>Number of Open Locations (as of 2/1/2024): 45</li><li>Investment Range: around $223,000</li></ul><a href="https://1851growthclub.com/brands/little-kitchen-academy/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-school-of-rocks-franchise-costs-fees-profit-and-data-2721261" target="_blank" rel="nofollow">Little Kitchen Academy</a><ul><li><a href="https://littlekitchenacademy.com/franchise/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-school-of-rocks-franchise-costs-fees-profit-and-data-2721261" target="_blank" rel="nofollow">Franchise Development Page</a></li><li>Number of Open Locations (as of 2/1/2024): 100+</li><li>Investment Range: $500,000 - $749,999</li></ul> Every great franchisee had help buying a franchise. Want to learn more about how 1851 helps franchisees find the right franchise opportunity? Visit&nbsp;<a href="http://www.1851growthclub.com/?utm_source=1851franchise.com&amp%3Butm_medium=article&amp%3Butm_campaign=franchise-deep-dive-british-swim-schools-franchise-costs-fees-profit-and-data-2721274&utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-school-of-rocks-franchise-costs-fees-profit-and-data-2721261" target="_blank" rel="nofollow">www.1851growthclub.com</a> and start your journey.Disclaimer: This content is for informational purposes only. You should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained on this site constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any franchises, securities, or other financial instruments in this or in any other jurisdiction in which such solicitation or offer would be unlawful under the franchise and/or securities laws of such jurisdiction. All content in this article is information of a general nature and does not address the detailed circumstances of any particular individual or entity. Nothing in the article constitutes professional and/or financial advice, nor does any information in the email constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. You alone assume the sole responsibility of evaluating the merits and risks associated with the use of any information or other content in this article before making any decisions based on such information or other content.

Franchise Deep Dive: School of Rock's Franchise Costs, Fees, Profit and Data

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The largest music school franchise in the United States offers a lot of support and training to its students, but what does the brand offer its franchisees?

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Franchise Deep Dive: School of Rock's Franchise Costs, Fees, Profit and Data

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