Question 1

How much does it cost to open a Children's Music Academy franchise?

Accepted Answer

The total initial investment for a Children's Music Academy franchise ranges from $72K to $138K, according to the latest Franchise Disclosure Document (FDD).

Question 2

What is the Children's Music Academy franchise fee?

Accepted Answer

The initial franchise fee for Children's Music Academy is $32K.

Question 3

What are the net worth requirements for a Children's Music Academy franchise?

Accepted Answer

Net worth requirements for Children's Music Academy are specified in the Franchise Disclosure Document.

Question 4

Does Children's Music Academy require a personal guarantee?

Accepted Answer

Yes, Children's Music Academy requires a personal guarantee from franchisees. A spousal guarantee is also required.

Question 5

What equipment and inventory costs are involved with a Children's Music Academy franchise?

Accepted Answer

Equipment costs for a Children's Music Academy franchise range from $4K to $4K. Initial inventory costs range from $4K to $7K.