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| Brand | Children’s Art Classes Education Remove | Magikid Education Remove |
|---|---|---|
| Vitals | ||
Investment range | $134K – $264K | $145K – $242K |
Liquid capital | $10K – $20K | $15K – $30K |
Franchise fee | $60K | $55K |
Royalty rate | N/A | 7.0% |
Ad fund rate | 1.0% | 2.0% |
| Performance | ||
Avg gross sales | $139K | N/A |
Median gross sales | N/A | N/A |
Avg owner earnings Metric varies by brand. Check type below | $132K | N/A |
Earnings metric | P&L Bottom Line | Not classified |
| Risk | ||
Rating | ATop Quintile | ATop Quintile |
Risk score | 29 / 100 | 44 / 100 |
SBA charge-off rate | N/A | N/A |
SBA loans on record | 8 | N/A |
| Scale | ||
Total units | 14 | 16 |
Net change (latest yr) | N/A | N/A |
Turnover rate | 0.0% | 0.0% |
| Contract | ||
Initial term (years) | 10 | 5 |
Renewal term (years) | 10 | 5 |
Initial training (hrs) | 96 | 65 |
| Contacts | ||
Franchisee phones | 48 | 3 |
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