Franchise Information

Fred Astaire Dance Studios is a Successful franchise chain teaching dance skills to enthusiastic students. Here is an overview of the franchise chain.

FRED ASTAIRE DANCE STUDIOS (FADS) provides its franchised community with a 50+ year tradition that gives the individual franchisee worldwide name recognition identified with dance excellence unsurpassed in its industry. The original teaching methods of the great Fred Astaire are still in place today at the company that proudly bears his name. FADS provides its franchisees with extensive business and dance training, and ensures that its franchises operate under the strictest code of ethics.

Franchisor Background
Year Established: 1947
Franchising Since: 1950

Franchised Units:
100

Company-Owned Units:
0

Total Operating Units:
100
100.0%

Geographic Distribution:
U.S.:
97
97%

Canada:
3
3%

North America:States/Provinces with the largest number of operating units:
Density
Units
1. Florida 16
2. New York 13
3. Ohio 12

Registered in Following Registration States: California, Florida, Maryland, Minnesota, New York, Oregon, Rhode Island, Virginia, Wisconsin Financial Requirements

Investment:
Minimum Net Worth:
$150K
Cash Investment:
$125K
Total Investment:
$138.5-357K
Average Total Investment:
$248K

Fees:
Initial Franchise Fee:
$15-35K
Average Franchise Fee:
$25K
On-Going Royalty:
7-8%
Average Royalty:
8%
Advertising Fee:
0.2%/$25Min

Average Number of Employees: 10 Full-time, 0 Part-timeSpace Needs (in square footage): 2,500 Min.
Preferred Sites: Free-standing Building, Strip Center

http://www.francorp.com/