Fred Astaire Franchised Dance Studio Franchise

Explore an exciting opportunity to own a world-renowned dance studio with Fred Astaire Dance Studio. Established in 1947, this franchise offers a unique chance to be a part of a prestigious brand in the dance and fitness industry.

Franchise Overview

The franchisor, FADS USA, Inc., offers franchises for the establishment and operation of studios specializing in dance and dance fitness classes. These classes, led by trained instructors known as Astaire Pros, cater to customers of all ages and economic levels, targeting adults between 18 and 75.

Training & Support

Franchisees are required to complete a comprehensive initial training program. This consists of three consecutive days at the franchisor’s offices and two consecutive days at an existing studio. Additional e-learning modules may also be included. Franchisees and their employees may also partake in periodic mandatory or optional training sessions.

Territory Rights

Franchisees are granted an exclusive territory based on the density and demographics of the area. This territory will have a minimum population of 30,000 people. The size of each territory varies depending on its urban or rural nature.

Obligations and Restrictions

The studio must be under the supervision of franchisees, their operating principal, or a manager at all times during business hours. Only pre-approved products and services by the franchisor may be offered at the studios.

Term and Renewal

The initial franchise term is for 10 years, with the possibility of renewing for another 10-year term subject to meeting certain conditions.

Investment Requirements

Starting a Fred Astaire Dance Studio requires a significant investment. Below is the estimated initial investment range:

• Initial Franchise Fee: $30,000 - $50,000
• Initial Training Fee: $0 - $5,000
• Travel Expenses to Training: $1,000 - $3,500
• Security Deposits: $5,000 - $15,000
• Rent for 3 Months: $15,000 - $45,000
• Construction Management: $0 - $15,000
• Design and Engineering: $5,000 - $20,000
• Leasehold Improvements: $100,000 - $250,000
• Furniture and Equipment: $10,000 - $30,000
• Studio Management System: $15,000 - $20,000
• Signage and Graphics: $10,000 - $15,000
• Marketing Materials: $1,000
• Business Licenses: $500 - $2,500
• Insurance: $3,000 - $5,500
• Grand Opening Marketing Budget: $5,000
• Working Capital: $50,000 - $70,000
• Estimated Total: $285,200 - $617,700

Ongoing Fees

• Royalty Fee: 7% of gross revenue weekly
• Performance Royalty Fee: Based on minimum performance levels
• Advertising Fee: $100 monthly (up to $200)
• Technology Fee: $50 - $100 per week
• Transfer Fee: Greater of $4,000 or 2% of the purchase price

Key Takeaways

• Established and reputable brand in the dance industry
• Comprehensive training and support
• Exclusive territories based on population and demographics
• Estimated initial investment ranging from $285,200 to $617,700
• Ongoing royalty and advertising fees

Ready to take the next step? Download the full franchise disclosure document (FDD) or fill out the free information request form on this page to learn more about becoming a Fred Astaire Dance Studio franchisee.