Young Rembrandts
Yes, we actively support the inclusion and development of minority-owned franchises in the Young Rembrandts system.
Young Rembrandts
23 N. Union St.
Elgin, IL 60123
800#: (866) 300-6010 + 231
Tel: (847) 742-6966 + 231
Fax: (847) 742-7197
E-mail: kim@youngrembrandts.com
Web Site: www.youngrembrandts.com/franchise_opportunities.htm
Contact: Ms. Kim Swanson, Director Franchise Operations
YOUNG REMBRANDTS, the premier instructional drawing program, ensures every child's creative success. All children are enthusiastic, confident artists when they are taught to draw using YOUNG REMBRANDTS' innovative step-by-step method. Our instructors guide students using a well-tested curriculum developed by artists and educators to maximize each child's creative potential. YOUNG REMBRANDTS classes are offered anywhere there is a desire for children to enjoy a positive artistic experience.
Franchisor Background
Established: 1988
First Franchise: 2001
Franchise Units: 53
Company-Owned Units: 3
Total Units: 56
Distribution:
> North America -- Operations in 24 States
> States/Provinces with Greatest Density: IL, CA
Units Owned by Minorities:
>African-American: 1
>Hispanic: 19
>Asian-American: 1
>Native American:
>Other:
Average Number of Employees: NR (FT = Full Time, PT = Part Time)
Space Needs: NA SF; HB
(for abbreviations click here)
Financial Requirements
Cash Investment: $31.5K
Total Investment: $35.9-48.8K
Average Total Investment: $42K
Minimum Net Worth: $100K
Fees
>Franchise: $31.5K
>Average Franchise Fee: $31K
>Royalty: 10%/8%
>Advertising: NR
Provide Earning Claim Statement: NR
Terms of Contract
Term of Contract (Years): 10
Passive Ownership: Not Allowed
Area Development Agreements:Yes
Sub-Franchising Contracts: No
Expand In Territory:Yes
Franchisor Support and Training Provided
Site Selection Assistance:NA
Lease Negotiation Assistance: NA
Cooperative Advertising: NR
Franchisee Assoc. / Member: Yes
Size Of Corporate Staff: 17
On-Going Support: C,H,I (for an explanation click here)
Training: 5 Days Elgin, IL.
Specific Minority Program(s) in Place: Although we strongly support the objectives of the NMFI, we do not yet have any specific programs in place at this time.
Franchisor's Specific Expansion Plans
U.S.: All United States Where Registered
Note: NR = No Response by Franchisor.
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