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Entrepreneur: Start & Grow Your Business

Abrakadoodle

Art education programs for children

Background

Founded: 2002 Franchising since: 2004
1800 Robert Fulton Dr., #205
Reston, Virginia 20191
Phone:
(703)860-6570

Franchisee Association
Abrakadoodle Franchise Advisory Council

Franchisor is a privately-held company with 16 employee(s); 6 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2009 64 0 3 2
2008 64 0 1 2
2007 70 0 0 2
2006 64 0 0 2
2005 57 0 0 2

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Missouri, Mississippi, Montana, Nebraska, North carolina, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Pennsylvania, Rhode island, South carolina, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Worldwide

Exclusive territories available.
Territory size: 60,000 households with income of $75K+

Costs and Fees

Total investment: $44.95K-74.1K
Franchise fee: $34.9K/48.9K
Ongoing royalty fee: 8%
Term of agreement: 10 years, renewable


Type of Financing Available
In-House Third Party
Franchise Fee No Yes
Startup Costs No Yes
Equipment No No
Inventory No No
Accounts Receivable No No
Payroll No No

Qualifications
Net worth requirement: $100K
Cash liquidity requirement: $50K
Business Experience:
  • General business experience
  • Marketing skills
  • Strong desire to teach children

Operations
  • Franchise can be run from home
  • Number of employees needed to run franchised unit: 5 - 10
  • Absentee ownership of franchise is NOT allowed.

Training and Support

Training
  • Available at headquarters: 5 days
  • 20-60 hours pre-training at franchisee's location

Ongoing Support
  • Newsletter
  • Meetings
  • Internet
  • Field operations/evaluations
  • Purchasing cooperatives

Marketing Support
  • Ad slicks
  • National media

Other marketing support
  • Intranet, Franchise Advisory Council

Rankings

Franchise 500® rank:
#362 (2008); #371 (2007); #474 (2006);

Ranked #1 in category in:
2007;

Low-Cost Franchises:
#86 (2008); #98 (2007);

Top New Ranking:
#26 (2008); #23 (2007); #46 (2006);