Arthur Murray Dance Studio Franchise In USA Cost, Profit, How to Apply, Requirement, Investment, Review | SkillsAndTech
Established in 1913, Arthur Murray Dance Studio is one of the longest-running companies that teach dance and other similar services. In 1938, they opened their doors for franchises, and now, you can start a business teaching salsa, tango, swing, or mambo. We’ll show you how:
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Table of Contents
Arthur Murray Dance Studio Franchise Wiki
The franchise allows you to open an Arthur Murray Dance Studio under Arthur Murray International, Inc. The studio offers dancing lessons for kids and adults alike. Franchisees can host dance competitions and other similar events.
Arthur Murray Dance Studio Franchise Benefits
This is highly confidential information. Because this company had not disclosed it. You can only know about this after applying for the franchise. All this will be discussed when the basic criteria are met and fulfilled. You can know the procedure as follows.
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Arthur Murray Dance Studio Franchise Financial Assistance
Arthur Murray Dance Studio franchise does not offer any type of financial assistance. On the other hand, franchisees are eligible for a Small Business Administration (SBA) loan through the SBA’s Franchise Registry Program.
Arthur Murray Dance Studio Franchise Cost
Name of Fee | Low | High |
---|---|---|
Initial Franchise Fee | $12,500 | $100,000 |
Leasehold Improvements | $10,000 | $50,000 |
Furniture, Fixtures and Equipment | $2,000 | $18,000 |
Video Tapes, Promotional Brochures, and Step Charts | $285 | $650 |
Signs | $2,000 | $10,000 |
Three Months’ Rent | $7,200 | $21,600 |
Training Expenses | $0 | $5,000 |
Additional Funds – 3 months | $0 | $20,000 |
ESTIMATED TOTAL | $46,485 | $225,250 |
Arthur Murray Dance Studio Franchise Training
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Arthur Murray Dance Studio requires its franchisees to already have experience in running a dance studio. This means that a training program is no longer needed. However, the franchisor has the option to require the franchisee or its manager to enroll and undergo a two to three-day training program before opening.
Arthur Murray Dance Studio Franchise Territory
The franchisor has the right to approve where the studio will be located. Franchisees do not have exclusivity in the area they choose and maybe within the same region as other franchisees. The franchisor may designate a “market area” wherein you can open as many Arthur Murray Dance Studios as you want.
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Arthur Murray Dance Studio Franchise Obligations
The franchisor requires the franchisees’ full attention, time, and energy in operating the studio. They will submit to the franchisor’s direct control and supervision. You, as the franchisee, are required to conduct training programs for your staff.
The franchisor also requires you to sell all their products and services as long as they are authorized. The same goes for competitions they want to host.
Arthur Murray Dance Studio Franchise Term of Agreement
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The initial franchise length is two years but can be renewed for successive five-year terms on the then-current terms.
Arthur Murray Dance Studio Franchise Requirements
This is highly confidential information. Because this company had not disclosed it. You can only know about this after applying for the franchise. All this will be discussed when the basic criteria are met and fulfilled. You can know the procedure as follows.
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Arthur Murray Dance Studio Franchise Profit
Franchise revenue depends on a wide range of factors, as does profit. How much money you can make from any franchise depends on a number of specific factors such as franchise location, labor costs, commercial lease rates and a number of other factors.
How to Apply For Arthur Murray Dance Studio Franchise
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To get the franchise first you have to fill the form. Then the company officials will contact you for further details. After that you you can open this franchise.
Arthur Murray Dance Studio Franchise Contact details
Website
FAQ
Is it profitable or not?
Ans: It is fast moving products, so there is fewer margins but your sale is too high. So, obviously you can make more profit from this business.
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What is The Difference Between Franchisor vs. Franchisee
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What Is The Difference Between Franchise Vs. Sole Proprietorship
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Conclusion
So far we have shared the basics for this franchise. It is the most profitable franchise. You will never doubt your decision to start this franchise. Go ahead and achieve your goal. If you find more information please feel free to share with us. Share your thoughts and we will definitely contact you with new franchise and opportunities. Stay Tuned for more franchise. Thank you
Disclaimer: The information given in this article like investment may vary from place to place, so we are not sure about the investment part.
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