your questions answered
Frequently Asked Questions
Once Upon a Tune, LLC is the franchisor company that awards Little School of Music franchise opportunities.
How long has Once Upon A Tune been in business?
Once Upon A Tune has been in business since June 1, 2023.
What is the initial total investment cost for my franchise?
The estimated initial investment for a Little School of Music Franchise ranges from $335,443 to $551,518 depending on your choices.
Does Once Upon A Tune provide any financing?
Yes, we do. Based upon our sole discretion, Once Upon A Tune may offer to finance one-half of your initial franchise fee. No other fees or costs are available for financing. There is no pre-payment penalty and no security requirements other than our standard personal guaranty.
What is the initial Franchise Fee?
The total initial Franchise Fee is $39,999.00. It breaks down into two payments for the two types of training provided under our Initial Fees. The initial Business Establishment Training Course Fee is $25,000.00, and the second Initial fee is for our Site Selection and Real Estate Training Course which is $14,999.00, which total the $39,999.00.
Do you offer Area Development arrangements?
Yes we do. The initial Franchise Fee for an Area Development franchise is the initial Franchise Fee plus the Development Fee for each additional Franchise Business to be developed. You can read more about this option in Item 5 of the FDD.
What is the term of the Franchise Agreement?
The initial term is for 10 years, with a successive option for an additional ten years.
What is Once Upon A Tune Royalty Rates?
Once Upon A Tune only charges 8% (Studio) and 7% (Studio+) Gross Sales as royalties.
What location size must I establish? (More info in Item 12 of the FDD)
Minimum size for your business will be from 2,500-4,000 square feet.
How can I find my location?
Probably the most important thing that you can do when seeking a location for your business is to locate and use the services of a good and qualified Commercial Property Realtor. He/she will help you to find a location, advise you, provide you with valuable information (local traffic counts and demographics) and help you to negotiate your lease. The best part is that they will not cost you a penny! They are paid by the lessor. However, we will touch on some of these items in training.
What about training? (More info in Item 11 of the FDD)
We teach you all the industry knowledge you need to know to establish and operate your business. You will receive business establishment training, site selection and real estate training, initial training, soft opening training, grand opening training, grand opening follow-up training. However, you are not on your own after training. We will provide follow up training for two business days after Franchisee’s Franchised Business is open to the public. Ongoing training is also available as your business grows.
How do I get started?
The first step to getting started, is to submit the Information Pack Contact Form. From there we will connect with you and answer any questions you may have about the Little School of Music franchise opportunity. Read more about the process here.
Upon filling out the Franchise Application, what are the next steps?
The next steps in the planning process include: letting your representative know you are ready to get started; We will request your Business Establishment Agreement be prepared by our legal team, afterwards you will be working on obtaining final financing, Business entity and License setup, Site Selection, lease negotiations (if applicable), Ongoing Franchise Agreement execution, Initial comprehensive Training, Grand Opening planning, Grand Opening Training along with other steps to open your business. Don’t worry – we walk you through it all.
What should I do when looking for a location to set up my Little School of Music Franchise?
When looking for a site for your Little School of Music store, you should look at the following factors:
- Accessible and safe parking
- Ground floor facility with handicapped access
- Area growth of at least 1% for 5 consecutive years
- 35 mph speed limit preferred
- Additional information can be found in Item 12 of the FDD.
