Intelligence Pillars
FDD & Financials
Item 19 revenue data, the 38% company-vs-franchise gap, and the fee stack that takes up to 14% of gross before you pay rent or debt.
Explore →Real Estate & Build-Out
3,000–5,000 sq ft with sound isolation, multiple rehearsal rooms, and build-out costs that vary by acoustic treatment scope.
Explore →Operations & Staffing
Part-time musician labor pool, instructor retention challenges, enrolment-driven revenue, and the scheduling complexity of concurrent lessons.
Explore →Financing
SBA 7(a) mechanics at the $425K–$705K investment level, capital stack modeling, and how the undisclosed franchised NOI complicates underwriting.
Explore →Market & Competition
How School of Rock stacks up against Bach to Rock, Music & Arts, Kumon, Mathnasium, and Code Ninjas in the enrichment market.
Explore →Owner Experiences
Composite profiles from pre-opening through multi-unit operation — what the day-to-day actually looks like at different stages.
Explore →Key Investment Numbers
The 38% Revenue Gap
Company-owned School of Rock locations average $925,351 in total sales. Franchised locations average $672,488. That is a 38% spread — and a prospective franchisee is buying the second number, not the first.
The gap may reflect site selection advantages, operational tenure, market maturity, or corporate operating leverage that franchisees cannot replicate. The FDD does not disclose the cause. Understanding what drives it — and whether it is narrowing or widening — is the central question of any School of Rock investment thesis.