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Home > Franchises > Young Rembrandts Franchise Inc.
Young Rembrandts Franchise Inc.
A franchise agreement takes place when the concerned parties involved are bound together through certain contractual provisions. This is an arrangement whereby someone with an idea for a business, the franchisor, sells to another person the franchisee the rights to use the business's name, sell a product, or provide a service to someone else. A franchise agreement will usually specify the given territory the franchisee retains exclusive control over the area protection, as well as the extent to which the franchisee will be supported by the franchisor.
Young Rembrandts franchises teach weekly drawing and cartooning classes and offer three-week drawing camps. Young Rembrandts' Drawing Curriculum offers a step by step technique that promotes learning and development. Children enjoy the classes and learn the fundamentals of drawing that can be applied to any artistic endeavor they choose.
Young Rembrandts' proven business system can be applied to any market territory. The high quality after-school programs are in demand more than ever. Parents and teachers understand the value of enrichment and the positive impact on children's lives and academic performance.
Owning and operating a Young Rembrandts' Franchise, you will control your own destiny. Following their cost and revenue structure, your business will grow relative to the time and energy you invest and how aggressively you choose to market. Young Rembrandts can be a very profitable business.
The total investment required for this franchise varies from 395,000 to 488,000 dollars, with franchise fee of 8 to 10 percent. The term of agreement is of 15 years and is renewable. According to entrepreneur magazine 2002-2006 it was ranked 492 in 2006 and 368 in 2005 by the franchise 500 ranks.
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