How do I learn more about the franchise opportunity?
First, you may contact us by calling 888-505-MUSIC (6874), or emailing franchise@VirtuosoMusic.com. You may also complete the
Franchise Inquiry Form and we will contact you following our receipt of the Form.
Following your initial inquiry, we will send you our
Franchise Information Packet, which provides additional information about the franchise. Our goal is to provide you with the information you need to make an informed decision. We recognize that purchasing a franchise is a life-changing decision so we do everything we can to make the process as stress-free as possible!
Do I have to have a music background or teach lessons to be a franchisee?
No, our franchisees spend the majority of their time marketing and growing the business, and managing other instructors to teach the actual lessons. While an interest in music or a background in an instrument is helpful, it is certainly not required! We're looking for qualified and energetic business professionals who want to own a fun and rewarding music education business.
I’ve never looked at franchises before. What should I know about the process?
Franchising has proven to be an extremely successful method of expansion. In essence, franchising permits individuals to benefit from a company’s success and avoid time and expense associated with learning about a business from the “ground up.” Franchising is regulated by the FTC and in certain cases, individual states. Franchise companies are required to comply with both Federal and State franchise laws and regulations related to the offering and sale of franchises.
You will find that all compliant franchise companies follow similar paths in introducing prospective franchisees to their franchise. For example, you must receive the franchisor’s FTC Disclosure Document at least fourteen days prior to signing the Agreement or paying any money to the franchise company. The disclosure documents include the Disclosure, Franchise Agreement and additional Exhibits (such as the company’s financial statements and the Operation Manual Table of Contents). The Disclosure Document provides information about the franchise company and various contractual provisions contained in the franchise agreement. You will learn a great deal about the company and the franchise business through your careful review of the documents.
What qualifications are required to become a Virtuoso Music
franchisee?
We are looking for individuals who have good business acumen, a strong work-ethic and the willingness to follow our proven system.
Virtuoso Music has been successful due to our operating methods and our focus on providing superior music education services.
We are confident in our ability to train individuals to successfully duplicate our system. Franchisees must also have the minimum financial qualifications necessary to fund the opening of the franchise and the first few months of operation.
What type of training will I receive?
Initial franchise training ranges from 40-45 hours and is conducted at our office in Kennesaw,
Georgia.
During the first four weeks of your operation, we also offer on-site assistance at the Franchise location.
What type of support do you provide?
Our success is measured by the success of our franchisees.
Virtuoso Music is committed to providing quality support services that positively impact your Franchise.
You can read more about our support services in the
Training & Support section.
Do you recommend that I visit the corporate office?
Yes, we definitely encourage a visit to our office in Kennesaw.
This will enable you to meet our team, view our operation materials and systems,
and much more. When you come, we recommend that you spend at least a full ˝ day with us. Please contact us by phone or email
if you are interested in scheduling a personal visit.
How long does it take to begin operating a franchise?
We estimate that the typical length of time between signing the Franchise Agreement and opening a Franchise is 45 to 60 days.
This includes the time necessary for you to complete our initial franchise training program and hire and train staff.
What is the potential income for a Virtuoso
Music Franchise?
We do not make specific earnings claims.
Instead, we provide information to you that will permit you and your financial advisor to prepare a pro forma based on factors specific to your territory. In addition, you will have the opportunity to review our financial statements provided in the Disclosure Document, and talk with our existing Franchisees about their performance.
How large is a franchise territory and will I have an exclusive territory in which to operate?
We grant franchises an
Exclusive Territory
in which to market the Franchise. The territory is a geographic area that we designate as your “Designated Marketing Area” and it includes a minimum of 75,000 households.
We complete demographic research to assist in establishing exclusive territories, which ensures that every franchise territory has similar potential.
Do you assist with the process of hiring instructors?
We provide Franchisees with comprehensive information to assist them in recruiting, hiring, and managing their teachers.
We have been very successful in this area and are qualified to assist our franchisees to do the same. We find that many music instructors love working with a company that can provide students to them and handle all of the administrative work so they
can focus on giving lessons.
What is the initial investment required to begin
operating a franchise?
The initial investment required to open a Virtuoso
Music franchise ranges from
$38,250 to $69,650. The investment includes the franchise fee, any required leasehold improvements to your office, signage, startup supplies and materials, and working capital for a period of up to 90 days.
Please contact us for detailed information concerning the investment.
Do you permit absentee owners?
Yes, provided that we approve your Manager and they successfully complete our initial training program. However, we recommend caution in entrusting your franchise to an employee, who may elect to move on to a different opportunity at some point in the future.
How do I obtain a copy of the Disclosure Document?
During your visit to the Corporate Office, we will review the franchise document with you and provide a copy to you for review with your attorney and/or accountant. It is important that you fully understand the legal documents and by reviewing them with you during your visit, your initial questions can be answered. In addition, in certain cases we will mail a copy of our Disclosure Document. Please contact us
for additional information
I live in a
Franchise
Registration
State
, how soon can I receive information about the franchise?
There are 15 Registration States in the
U.S.
, and Franchisors are required to register with each state before discussing the franchise with residents of those states. If you would like to know the status of our registration with your state, please contact us and we will respond with additional information. Once we receive approval from your state, we will provide additional information.
