FranchiseVerdict
Little School of Music logo
FV-01514·MODERATEExcellent86

Little School of Music

Education - Tutoring & Test PrepFranchising since 2023Website
Investment
$248K – $619K
77th pct Tutoring & Te…
Avg revenue
$538K
23rd pct Tutoring & Te…
Royalty
8.0%
27th pct Tutoring & Te…
Units
1
0th pct Tutoring & Te…
SBA default

Bottom line

  • Total investment $248K – $619K including a $25K franchise fee, 8.0% ongoing royalty.
  • Average unit revenue of $538K/year. Estimated payback in 1.0 years.
  • Rated MODERATE with a risk score of 65/100.
  • No protected territory and the franchisor reserves the right to compete in your area. Clarify territorial boundaries before signing.

Item 1 · who you're contracting with

The Franchisor

Legal entity
Once Upon A Tune, LLC
Incorporated in
Texas
HQ
1320 Arrow Point Drive, Ste 501-90, Cedar Park, TX 78613
Auditor
Metwally CPA PLLC
Audited financials
Franchisor revenue
$0
vs $62K prior year

Yale framework · single-unit ROIC

Returns Analysis

Pulls Item 7 (investment) and Item 19 (revenue) from this brand's FDD into the Yale unlevered-ROIC formula. Override any input to stress-test it against your own assumptions.

The model · Yale framework

What would one Little School of Music unit return on the cash you put in?

Revenue · per unit, per year
$
FDD Item 19 reports $537,893
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: education
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $248K–$619K
Working capital
$
FDD reports $15K–$20K

Unlevered ROIC · per unit

14%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$65K
EBITDA margin
12.0%
Total invested
$451K
Payback
84 mo
Unit-level only. A multi-unit portfolio gives up roughly 5–15% of this to shared services (corporate G&A) before reaching the ~10-unit break-even Yale describes.

Levered LBO scenario · Yale Crease Capital framing

What would 25 Little School of Music units return on equity?

Edit assumptions

Equity IRR · 5-yr

49.9%

7.57× MOIC

Year-1 DSCR

1.88×

EBITDA ÷ debt service

Equity required

$538K

on $2.7M purchase

Total debt

$2.2M

SBA $1.3M + senior + seller note

Overview

About

Franchisees operate music instruction studios offering lessons in instruments (piano, guitar, violin, etc.) to children and adults. Day-to-day operations include scheduling lessons, managing instructors, handling student registration/billing, facility maintenance, and marketing to local families. Revenue depends entirely on student enrollment and lesson pricing.

CEO
Mindy Cabral
Founded
2023
FDD year
2025
States available
1

Item 7 · what it costs

The Vitals

Total investment
$248K – $619K
All-in to open one unit
Liquid capital
$15K – $20K
Cash you must have on hand
Franchise fee
$25K
Royalty
8.0%
percentage of gross revenues · typical 6–8%
Ad fund
3.0%
typical 3–5%
Total fee load
11.0%
vs 9–13% typical
Payback period
1.0 yrs
From v3 / Item 19

Item 19

Financial Performance

Avg gross sales
$538K
Per unit, per year
Median gross sales
Item 19 type
historical
Sample size
1 units
vs category median 12 · small
Range (low → high)
$308K$734K
Cohort dispersion
Transparency
6 / 5
vs category median 4 / 5 · above
Revenue rank23th
vs Education - Tutoring & Test Prep peers
Investment cost rank77th
Lower investment ranks lower (better)
Royalty rate rank27th
Lower royalty = lower percentile (better)
Unit count rank0th
vs Education - Tutoring & Test Prep peers
Risk score rank74th
Lower risk = lower percentile (better)

Item 20 · unit dynamics

The Growth Chart

Total units
1
Opened
0
Last reporting year
Closed
0
Turnover rate
0.0%
Company-owned
0
Corporate units in the system
% franchised
100%
vs corporate-owned
Net growth (yr3)
+0.0%
Net unit change last year
3-yr CAGR
+0.0%
Compounded over last 3 years
2023
1±0
Franchised units
2024
1
Franchised units
2025
1
Franchised units

Year-over-year franchised unit counts and net change. Source: FDD Item 20.

Item 20 · 19 states with active franchisees

The Territory Map

Derived from franchisee contact records. Shows states with at least one current operator — not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).

AK
ME
VT
NH
MA
RI
CT
NY
NJ
PA
DE
MD
DC
WA
OR
CA
NV
ID
MT
WY
UT
CO
AZ
NM
ND
SD
NE
KS
OK
TX
MN
IA
MO
AR
LA
WI
IL
MS
TN
MI
IN
KY
AL
OH
WV
GA
VA
NC
SC
FL
HI
Registered · 19 states
Not registered

States derived from franchisee phone area codes (Item 20). Approximate — ported numbers may show the original state, not the franchisee's current location.

Government records

SBA Loan Data

Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.

No SBA loan data available for this brand.

FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17

Risk & Legal

65
Risk · 0-100
MODERATE65 / 100

Single-unit franchise with unverified financials, no territory protection, and franchisor stability concerns presents substantial execution and scalability risk.

Score breakdown · what drove the 65 / 100 rating

  1. 01MINOROnly 1 operating unit with unknown growth trajectory indicates unproven scalability and potential system collapse risk
  2. 02MINORNo Item 19 financial performance representation despite claiming $537,893 avg revenue—unverifiable claims raise transparency concerns
  3. 03MINORUnprotected territory creates direct competition risk; franchisor can open competing units in your market
  4. 04HIGHGoing Concern = False suggests potential franchisor financial instability or operational uncertainty
  5. 05MINOR8% royalty on $537k revenue = $43k+ annual ongoing fees with only 1 unit for support infrastructure
  6. 06MINORWide investment range ($248k-$619k spread of 150%) indicates unclear startup costs and poor cost controls
  7. 07MINOR10-year term is unusually long for an unproven single-unit franchise system

Severity inferred from the FDD text · not a regulatory classification

FDD Items 5, 6, 12, 17 · continued from Risk & Legal

Contract & Territory Detail

Territory
geographical boundaries
Protected territory
No
Initial term
10 years
Renewal term
10 years
Online sales rights
Restricted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
0
Right of first refusal
Yes
Franchisor can buy back on resale
Mandatory arbitration
No
Jury trial waiver
Yes
Non-compete
3 yrs
Post-termination restriction
Owner-operator
Required
Governing law
Texas

Item 11

Training & Operations

Classroom training
126 hrs
On-the-job training
36 hrs
POS system
QuickBooks Online
Operating tech stack

Item 20

Franchisee Contacts

Phone numbers extracted directly from this brand's FDD Item 20. After purchase, you'll also receive a list of validation questions tailored to this brand.

Franchisee contacts

30 numbers

Locked
(860) 240-••••
CT
(651) 539-••••
MN
(503) 378-••••
OR

One-time purchase · CSV download · Validation questions included

FDD download

Little School of Music · FDD (2025) PDF

Single-page checkout · instant download · CSV export of contacts available separately above