Abrakadoodle is an award-winning art and creativity program for children ages 20 months to 12 years old. Winner of “Best Art Class to Bring Out Your Child's Inner Picasso,“ Abrakadoodle is more than an art class, it also teaches children about famous artists and artistic styles. Abrakadoodle offers small classes which allows the teacher to work individually with each child, answer questions, demonstrate art techniques, and encourage children to design their own original work.
|Franchised as % of Total||96.97%||96.77%||96.36%|
The initial fee for an Abrakadoodle standard urban territory is $36,900 with 50,000-60,000 qualifying households. The initial fee for an Abrakadoodle standard suburban territory of up to 20,000 qualifying households is $23,400. Abrakadoodle provides the following range of investment items required to open your initial franchise. The range assumes that all items are paid for in cash. To the extent that you choose to finance any of these expense items, your front-end investment could be substantially reduced.
|Item||Estimated Low Range||Estimated High Range|
|Initial Franchise Fee||$23,400||$50,900|
|Prepaid 6 months of minimum continuing franchise fee, class management program fees and technology||$3,492||$3,492|
|Initial Materials Fee||$5,000||$5,000|
|Additional materials and office supplies||$1,000||$3,850|
|Expenses While Training||$1,000||$2,000|
|Business Development Training Fees||$0||$3,500|
|Business Licenses, Permits, etc. (6 months)||$50||$100|
|Insurance (6 months)||$300||$750|
|Additional Funds (6 months)||$1,000||$3,000|
|Total Estimated Investment||$35, 842||$74,492|
Franchisees are required to pay ongoing royalty fees equal to 8% of gross sales, as well as an advertising and promotional campaign fee of 1% of gross sales and a technology fee of $28 per month.
Initial training with Abrakadoodle is divided up into two sections: Quick Start training which is essentially self-instruction through training DVDs, reading designated information, etc. and Business Development. Abrakadoodle also will provide opening assistance immediately before and during the opening of the franchise. Abrakadoodle will continue to provide refresher training courses as needed and will host an annual conference that the franchisee is required to attend.
Abrakadoodle grants exclusive territories.
Note: The tables and information regarding the number of operating units, investment required, on-going expenses, training and territory grants were taken from the company’s 2012 FDD. The 2012 write-ups will be incorporated into the 2013 Edition of the Bond’s Top 100 Franchises publication.