The security of buying an existing Razzamataz franchise is appealing with the benefits being that the ground work has already been put in place.
A franchise business is popular both with experienced business entrepreneurs and those with little business knowledge. For some, the security of buying an existing franchise business is even more appealing with the benefits being that the ground work has already been put in place.
Razzamataz Theatre School is a franchise business that shot to prominence in 2007 after an investment from Duncan Bannantyne on BBC’s Dragons’ Den. There are more than 40 part-time theatre schools up and down the country with more opening each year. Occasionally, there is the opportunity to purchase an established business, as is the case with award-winning Razzamataz Tonbridge, which launched in 2013.
Principal Dave Mac is a retired policeman who launched the performing arts school and made a huge impression in his local community. Due to personal reasons, he is now looking to sell:
"With the right support, I have been able to start up and run a successful business in a very short space of time. The joy of bringing singing, dance and drama lessons to local children and young people and the immense pride you feel when they perform in public is wonderful. I have learnt that with great customer service, parents and guardians invest their time, energy and even friendship into you and the school. I am very proud of what my team has achieved in that very short space of time and although it is tinged with a sadness I have learned that handing over the reigns at this time is the right thing for the students, parents and guardians as well as the wonderful team."
Whether you are buying a new or an existing theatre school franchise, the level of information and support you will receive is very high making it a good, solid investment.
"This is a fantastic opportunity for one lucky person or a partnership to take over an existing, acclaimed school of almost 100 students with more joining all of the time. The potential for expansion and utilisation of other avenues of revenue is substantial."
Dave has been very proactive in his local community and has built up an extensive network of contacts which he will share with the new owner. These include editors and reporters from the local press, Radio Stations, Rotary Club, Chamber of Commerce, Town Centre Team, Council members, other children's and youth organisations as well as other business owners.
"The sky is literally the limit for whoever takes over Razzamataz Tonbridge. They will step right into a vibrant, friendly, school and one look at our Facebook page shows the fun, happy school that new students want to be a part of and why parents love their children to be with us. In simple economic terms, the school is already in profit and there are a number of profitable revenue streams still to be explored."
Dave believes that part of the success of his business is down to being part of a franchise network as he explains:
"You have the freedom of running your own business while having the resources of a highly successful organisation right at your fingertips. The large number of students at many Razzamataz Theatre Schools, one of my neighbours has in excess of 300, is testament to Duncan Bannatyne's faith in the Razzamataz ethos and product when he became an investor on BBC's Dragons Den. You get ongoing support and information for everything from advertising to lucrative Summer and Easter schools, ongoing training, information and brand awareness as well as the friendship and support of other Franchisees in the same business as yourself."
New Year and New Approach for Razzamataz
5th January 2017
To celebrate 11 years of successful franchising in 2017 Razzamataz will consist of a franchise fee of £7,995 for January, February and...
Dream performance for students at Disneyland Paris
30th November 2016
Razzamataz students had the amazing opportunity of taking part in the pre-parade in the Disneyland Park in Paris as well as performing in...
Youngsters Head To London For Photo Shoot With The Pros
28th November 2016
Five children who attend Razzamataz were invited to travel to London to attend a photo shoot for The Stage.
Razzamataz Brings The House Down on London’s West End Stage
23rd November 2016
Razzamataz youngsters from across the UK took part in a gala performance on London’s West End Stage.
Razzamataz franchise celebrates milestone birthday with financial incentive
18th November 2016
Razzamataz franchise is celebrating a milestone birthday this year by offering a financial incentive for anyone wanting to join the network...
Child protection at forefront of Razzamataz Theatre School’s ethos
18th October 2016
Razzamataz Theatre Schools have been working alongside the NSPCC so they can deliver Level 1 and 2 Safeguarding at the Regional meetings.
New Hashtag Inspires Razzamataz Students
7th October 2016
Razzamataz ran a competition to find the perfect hashtag that encapsulates everything that they stand for. The winner was #BelieveInYou.
Dancing in PJ's and Onesies to support students in higher education
16th September 2016
Children across the UK will be dancing in PJ's and onesies to raise money for a charity to help young performers through college.
I don’t have a business background so after deciding to retire from professionally performing it was the memories of Razzamataz on Dragons’ Den that set the wheels in motion. I was really inspired by the brand and the business model and because it is a franchise business we receive a lot of help and support from Head Office as well as on-going training so I can make Razzamataz Barnet the success that I believe it can be. In the last 12 months, I have doubled my student numbers in a very competitive market and I have now clear plans on how I would like my business to progress this year,Michael French, Razzamataz Barnet
11th November 2016
Age is no barrier to Razzamataz franchise business growth
5th January 2017
New Year and New Approach for Razzamataz
9th August 2016
What is a franchise re-sale?