My Music
Who are we
What to know about My Music franchise? The franchise offered is for the establishment and operation of a business providing onsite music classes for children ages 2 to 6 years at schools, child care centers, and other facilities under the My Music Workshop® Mark and System within a defined territory. The Music Workshop® Franchise is a low-cost, home-based business requiring only a small investment and no inventory. The services to be provided by the franchisee under the franchise agreement include: establishing and maintaining contacts with schools, child care centers and other potential clients; scheduling music classes at the client's location; providing music instruction to groups of children at the client's location; and maintaining records of clients, class schedules and finances. The services to be provided by the franchisor include: developing, maintaining, and updating the My Music Workshop system and program; providing an initial training program for the franchisee and his/her employees; providing ongoing assistance to the franchisee in marketing the services of the franchise business; and developing and making available to the franchisee instructional materials, including music CDs, teaching aids and lesson plans. The My Music Workshop® Franchise offers a proven business model for those interested in owning and operating their own business providing music instruction services to young children. My Music is based in Escondido, CA. Scroll down to learn more!How much does a My Music franchise cost?Are you wondering how much is a My Music franchise? Before starting a My Music franchise, it is important to know the franchise fee, working capital and other costs required to start the business.The minimum investment amount required to open a My Music franchise is $31,104 and can go all the way up to $48,500. Keep in mind, you should also allocate additional funds to live off of while the My Music business ramps up. This can take as little as 6 months to over 2 years depending on the franchise opportunity. You should speak to at least 5 My Music franchisees to understand the true cost of opening the franchise and how long it takes to: 1) start a My Music business 2) pass break even 3) hit significant income.After (and if) you pass the point of earning significant income from your My Music franchise, there may be enough margin to hire a day-to-day manager and work less hours in the business.
Why we do it
The franchise offered is for the establishment and operation of a business providing onsite music classes for children ages 2 to 6 years at schools, child care centers, and other facilities under the My Music Workshop® Mark and System within a defined territory.
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Costs & Fees
- $22,500
Franchise Disclosure Documents
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