Young Rembrandts Franchise FDD, Costs & Fees (2024)

KEY FRANCHISE STATS

All you need to know about this franchise in a snapshot

Initial franchise fee
$39,500
Investment required
$46,000 - $54,000
Royalty fee
up to 10%

Young Rembrandts: Transforming Children's Art Education Worldwide

Young Rembrandts began as a heartfelt initiative to inspire children through drawing. Bette Fetter, the founder, created the program to fill the gap in art education, which she noticed was less prominent compared to sports activities. Her vision started with a simple gathering of eight children at her kitchen table as a favor to a friend.

What began as a modest endeavor grew steadily over 13 years in the Chicagoland area. By 2001, Young Rembrandts embraced franchising to expand its reach.

This shift enabled the program to impact tens of thousands of preschool and elementary students, with thousands of instructors dedicated to nurturing creativity and artistic skills in young learners.

With its headquarters in Elgin, Illinois, Young Rembrandts has become a respected leader in children's art education. Operating in multiple countries, it continues to empower children and enhance their educational journeys through the transformative power of art.

Initial investment

Here's what you would need to invest if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.

Type of Expenditure Amount
Initial Franchise Fee $39,500
Office Equipment and Computer System $2,025 to $3,325
Travel and Living Expenses While Training $1,000 to $1,800
Miscellaneous Opening Costs $300 to $1,750
Initial Inventory of Art and Teaching Supplies $1,000 to $1,500
Initial Inventory of Marketing and Promotional Materials $700 to $900
Liability Insurance $750 to $2,000
Additional Funds – First 3 Months of Operation $1,000 to $3,500
Total $46,325 to $54,275

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Number of units

2024
Franchised units

47

42

44

Company-owned units

1

1

1

Total units

48

43

45

Franchise Disclosure Document

Training

The Young Rembrandts franchise provides a comprehensive training program to ensure franchisees are well-equipped to operate their business.

This includes a five-day Initial Training Program at the company’s headquarters, which covers various essential topics such as marketing and sales techniques, business management, curriculum implementation, and the use of required technology and software.

Additionally, franchisees must participate in Post-Training Conference Calls, which further address operational topics like summer programming, monthly reporting, and sales strategies.

Franchisees are also required to complete pre-training materials before attending the Initial Training Program, and supplemental or refresher training may be mandated periodically.

While the initial training for two individuals is included, additional trainees or training sessions beyond two years from the franchise agreement incur a fee. All expenses related to attending these training programs, such as travel and accommodation, are the responsibility of the franchisee.

The aim of this extensive training is to uphold the quality and uniformity of the Young Rembrandts brand across all franchise locations.

Territory Protection

The Young Rembrandts franchise provides limited territory protection to its franchisees. Each franchisee is granted a specific territory where they have the exclusive right to operate their business, provided they meet certain conditions such as maintaining minimum gross revenue thresholds.

If these conditions are not met, the franchisor reserves the right to allow others to market and service within the territory.

Additionally, franchisees are prohibited from operating classes in territories assigned to other franchisees. However, if a franchisee is conducting classes in an unassigned area that later becomes part of a newly granted territory, they must cease operations in that area once the new franchisee completes their initial training.

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