Playtime Piano Instruction
Playtime Piano Instruction
4800 Dromoland Ct., # G
Owings Mills, MD 21117
800#: (877) 823-6664 + 6227
Tel: (410) 654-9131
Fax: (410) 654-9042
E-Mail: [email protected]
Web Site: www.playtimepiano.com
Contact: Ms. Harlene McGowan, Co-Owner/Creative Director
PLAYTIME PIANO INSTRUCTION provides in-home piano instruction (plus other instruments). Individually tailored programs consider each student's learning style/musical preferences. Lessons are fun and keep students motivated. We teach theory hands-on through our composition program. Practice Incentive Program provides prizes. Home-based business with low overhead/low start-up cost. We provide everything a franchisee needs to become successful in this largely untapped market.
Franchisor Background
Established: 1997
First Franchise: 2002
Franchise Units: 0
Company-Owned Units: 1
Total Units: 1
Distribution:
U.S. -- 1;
Canada -- 0;
International -- 0
-North America -- Operations in 1 State
-States/Provinces with Greatest Density: 1 in MD
Projected New Units Over Next 12 months: 10-15
Franchisee Qualifications: 4, 3, 1, 3, 5, 5
(Click here for an explanation)
Registered in Following Registration States: None (Click here for an explanation)
Average Number of Employees: 1 FT, 1 PT (FT = Full Time, PT = Part Time)
Space Needs: NA SF; Home Based
(Click here for abbreviations)
Encourage Conversion: NA
Financial Requirements
Cash Investment: $17.5-25K
Total Investment: $30.9-50.1K
Average Total Investment: $40.5K
Minimum Net Worth: $35K
Fees:
-Franchise: $17.5K
-Average Franchise Fee: $17.5K
-Royalty: 8%
-Average Royalty: 8.0%
-Advertising: 1%
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 10/10
Passive Ownership: Not Allowed
Area Development Agreements: No
Sub-Franchising Contracts: No
Expand In Territory: Yes
Franchisor Support and Training Provided
Site Selection Assistance: NA
Lease Negotiation Assistance: NA
Financial Assistance: NA
Cooperative Advertising: Yes
International Franchise Association:
Canadian Franchise Association:
Franchisee Association / Member: No
Size Of Corporate Staff: 3
On-Going Support: C,d,G,hHI (Click here for an explanation)
Training: 1 Week and 2 Full Weekends.
Franchisor's Specific Expansion Plans
U.S.: MD and Non-Reg. States First
Canada: No
Overseas: No
Note: NR = No Response by Franchisor.
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