School of Rock is looking to expand its presence in Tacoma, Washington.
"Tacoma, strategically located in the Pacific Northwest's thriving music landscape, provides an unparalleled opportunity for us to expand our music education programs," said Rob Price, CEO of School of Rock. "Our unique, performance-based approach to music education aligns not only with the city's deep-seated musical traditions but also fills a critical gap by offering aspiring musicians practical, real-world performance opportunities. With Tacoma's supportive community and an increased emphasis on arts and cultural programs, we believe we've found the ideal home to nurture the next generation of talented musicians."
With more than two decades of experience, School of Rock offers entrepreneurs the opportunity to quickly plug into a global brand with a proven business model. A testament to its mission and culture is the fact that many of its franchise owners started their journey as parents of students enrolled in School of Rock programs. These parents witnessed the positive effects of the programs first-hand on their children, leading them to seek a larger role within the School of Rock community. Through the power of music, prospective franchise owners have the chance to make a lasting impact on the lives of students and their communities as a whole.
"With Tacoma's supportive community and an increased emphasis on arts and cultural programs, we believe we've found the ideal home to nurture the next generation of talented musicians." - Rob Price, CEO of School of Rock
"School of Rock isn't solely about music education; it's about helping to transform lives. In the 12-plus years we've been with the brand both as parents and as franchise owners, we've had the honor of watching more than 1,000 School of Rock students evolve from humble beginners to college graduates and platinum album achievers, underscoring the power of this concept and the value of our investment," said Jon Scherrer, co-owner of School of Rock Lynnwood. "Whether you're a parent ready to witness your child's remarkable growth or an aspiring business owner looking to make a profound impact on your community, School of Rock is the place to be."
The initial investment for a School of Rock franchise is approximately $395,800 – $537,400 including a $49,900 franchise fee. Ideal candidates, or group of investors, will have a net worth of $350,000, of which $150,000 is liquid. Additionally, U.S. military veterans receive a special discount on their initial franchise fee.