Popstars Academy

Parties & Dance Classes

Tel: 0870 850 6018

Email: info@popstarsacademy.com

Finances

Start Up Costs
Franchise Fee

Our Franchise Fee is £9,995 (exc. VAT). There are a variety of funding packages available to suit your requirements.

Fee includes:

  • Licence to trade and operate under the Popstars Academy trade name
  • Two week Training Programme
  • Branding and Stationery Pack
  • Launch Programme (e.g. Direct mail campaign, local press advertising and PR, product catalogues and price lists)
  • Local Marketing Tool-Kit
  • Operations Manual and Training Materials
Equipment Package

Franchisees will be required to purchase an equipment package that includes all the kit required to operate both the Academies and Parties. The package costs in the region of £4,500 (exc. VAT) and is a contractual obligation.

Marketing Launch

Popstars Academy will provide each franchisee with a launch package as part of the franchise fee but we would also expect franchisees to contribute their own working capital in order to get the business off to the best possible start.


On Going Fees

Franchisees will pay 2 on going fees:

  • A Management Fee based on 10% of gross sales revenue
  • A Sales and Marketing Fee based on 2% of gross sales revenue

Popstars will initially provide a 3 month 'No fee' period to enable you to build up your income and get you off to a good start.

Both on going fees are collected on a monthly basis by direct debit.

Following your first meeting with our team, we will go through financial forecasts and information that will enable you to build a robust Business Plan.

We can also provide support in sourcing initial funding to suit your circumstances as we have worked in conjunction with a number of the leading Franchise Banks.

"Statistics confirm that the failure rate in franchising is 2.1 per cent against over 80 per cent for stand-alone start-ups."
FranFinder, Making Money July 2007