Part-time theatre school Razzamataz is offering a deal of two franchises for the price of one. For just one fee, potential franchise owners could get the main Razzamataz school for children aged six to 18 and also Razzamataz Minis for four to six year-olds.
Director of the theatre school franchise Denise Hutton-Gosney said: "Many of our competitors will charge you for each separate school but we want to give our principals the maximum opportunity to gain the best financial rewards."
There will be no fee to pay for a second Razzamataz within the same territory as the first one, "This is a really unusual offer, many of our competitors will charge another franchise fee. Our principals can really make the most of this incredible business opportunity," said Hutton-Gosney.
Razzamataz is one of the fastest growing theatre schools in the UK with over 40 franchises throughout the country. It first came to prominence in 2007 when Hutton-Gosney appeared on the BBC's Dragons Den and impressed Duncan Bannatyne who went on to offer her the full investment.
All Razzamataz schools follow the franchise formulae that Hutton-Gosney and Bannatyne developed together, creating potential turnover of £46,000 with profit potential of £26,000 with only one part-time theatre school and the opportunity for multiple schools and managed outlets. For new franchise owners the Razzamataz team will provide a fully comprehensive training week which will include how to find the most dynamic teachers, first aid training, health and safety issues, child protection, PR and marketing, performing arts material as well as customer service.
Franchise owner of Razzamataz in Yeovil Catherine Hayden said: "A fledging franchise offered me the opportunity to establish and learn about running my own business with minimum risk. The considerable benefit of becoming a franchise owner is the flexibility it offers, I'm a mum of three young children and have managed to combine parenthood with running a successful business."
Published: 5 August 2010
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