In the ten years since Razzamataz Theatre Schools successfully appeared on BBCs Dragons’ Den, the world of franchising has evolved to appeal to a wider range of people.
To celebrate the continued success of the franchise business and remaining in the top five most memorable entrepreneurs on the BBC show, Razzamataz is offering a New Year’s financial incentive to joining the theatre school network.
For the first three months of 2017 only, Razzamataz will be offering an enticing package that will give more people the opportunity of owning their own part-time theatre school. After a successful interview, candidates will be able to become Razzamataz franchisees with a new financial package, equating to a saving of around £6,000. Razzamataz will pay the VAT and the first term management fee.
Furthermore, unlike many other theatre school franchises, Razzamataz will allow franchisees to retain 90% of their turnover, proving that as a business, the franchisor and franchisee are committed to working together and are in it for the long haul.
“In the 11 years since I have been franchising, I have recognised that great school Principals come from a wide range of backgrounds and bring with them various life skills that can help them succeed in business with our support,” explains Denise Hutton-Gosney, MD and Founder of Razzamataz. “We have taken people with no business skills but who are willing to learn and invest their time and energy into their school and we are delighted to see them now succeed. We have also witnessed amazing success; one of our longest franchisees now has more than 400 students in her school.”
Within the Razzamataz network, there are many parents (and a grandparent) with young children, former teachers, performers who combine working professionally with being a school Principal and young graduates who are straight out of college.
“Experience has shown me that successful Principals come in all ages and it is very much down to us creating long-term successful relationships,” adds Denise. “We have already secured two very high profile partnerships for 2017; Eurocamp and Disneyland Paris, so this is a great time to be joining us.”
Nick Furlong and Gemma Hextall have been the Principals of Razzamataz Sutton Coldfield since September 2015. They both came from a strong performing arts background; Nick brings with him a wealth of experience in teaching drama, including time spent teaching in the U.S.A. He also has experience of working with special educational needs and has utilised this in a number of roles. Gemma has worked creatively with a range of community groups delivering life skills workshops and she is also a professional singer/songwriter.
After meeting at university, Nick and Gemma took the plunge and bought the existing school Razzamataz Sutton Coldfield and have seen student numbers rocket.
“We had always said that we wanted a theatre school at some point and the opportunity came up so we took it,” says Gemma. “We were attracted to the affordability and the new style of performing arts, which suits us and our experience.”
Although new to franchising, the pair have proved how to be a success as Nick adds: “We have learnt that you should always have more to give. If you invest your time and energy into every part of the business, you see the rewards in student numbers and satisfaction. Our advice is to be positive, passionate and persistent.”
The package to celebrate 11 years of successful franchising in 2017 will consist of a franchise fee of £7,995 for January, February and March only. Razzamataz will pay the first month management fee as well as the VAT equating to a saving of almost £6,000. T&Cs apply.
Razzamataz are also delighted to offer their own finance for the franchise fee (after a 30% deposit is payable) for excellent candidates who meet the criteria, including a credit check.
If you want to find out more about becoming a franchisee of your own part-time Razzamataz Theatre School, make an appointment to come along to one of the regular but informal Discovery Den days in London, Glasgow or Sheffield to find out more about this exciting and flexible business opportunity.
Razzamataz Theatre Schools has been trading since 2000 with a strong, robust and proven franchise system for the last 11 years. Razzamataz remains one of the top five classic entrepreneurs from Dragons’ Den. Since the appearance on the BBC show in 2007, the company has forged strong partnerships with First Choice, Disney, The Stage, a leading Talent Agency, Her Majesty’s Theatre and new for 2017 Eurocamp.
Franchisees come from a range of backgrounds and are able to work flexibly around their lifestyles. Through a wide range of additional revenue streams, franchisees have been able to achieve a six-figure turnover. Razzamataz is delighted to be working with a new Business Management System for 2017.