Below are answers to the most commonly asked questions about owning a Romp n’ Roll franchise
Q: Do I need to have an education or teaching background to own a Romp n’ Roll franchise?
No. Romp n’ Roll owners have a variety of professional backgrounds. While an educational background may be helpful, we look for franchise owners who are business-minded and match our core values: (1) Goes the extra degree, (2) Service-driven, (3) Fun and charismatic, (4) Great communicator, and (5) Adaptable.
Q: Do you provide training? If so, is training mandatory?
Yes. Romp n’ Roll provides a mandatory comprehensive training program at our headquarters in Richmond, Virginia. We also provide a variety of training materials for our owners to use with their employees, including a video library of our top instructors teaching every class in real time.
Q: Do I have to personally manage my Romp n’ Roll franchise?
Romp n’ Roll owners are involved in the day-to-day operations of the business. Some hire managers so they can spend more time teaching, or vice versa, but we do not allow “absentee owners.”
Q: What type of return can I expect on my investment?
There are a number of factors that determine the success of your business so we can’t predict your return; however, our FDD Item 19 contains historical financial information to help you evaluate this opportunity.
Q: How much does it cost to start a Romp n’ Roll franchise?
The estimated investment to open a new unit ranges from $240,100 to $347,500. Please see the “Investment” section for more details on estimated start-up costs.
Q: Does Romp n’ Roll assist with selecting a location?
Yes. Romp n’ Roll has a variety of resources to ensure your location is ideally situated. We also provide assistance with negotiating the terms of the lease with your landlord.
Q: What is the franchise fee?
The one time franchise fee for a single location is $39,500. We offer incentives on fees for multiple locations.
Q: How much is the royalty?
Franchisees pay a royalty of 6% on gross sales. There is also an advertising contribution of 2%.
Q: What does the franchise agreement look like?
Once you complete and submit our franchise application, we will send you our Franchise Disclosure Document. Commonly referred to as the FDD, this document provides full and complete disclosure information about the company, our systems, requirements and structure. The document also includes a sample of the franchise agreement you would enter into. We advise you to take this information to your advisors (CPAs, attorney, business consultants) during your due diligence process to assist you in making the most informed choice possible.
Q: What are the financial requirements to be considered for a franchise?
Candidates must show financial viability early in the approval process. Net worth (assets minus liabilities) should be at least $300,000. Additionally, the candidate must have $100,000 in liquid assets in order to be considered.
Q: Do you provide financing?
While Romp n’ Roll does not currently provide financing directly, we do have a partnership with Guidant Financial, a firm which can help secure the traditional and SBA financing needed to become a Romp n’ Roll owner.
In addition, Romp n’ Roll is listed with the Franchise Registry and is a pre-approved business concept with the Small Business Administration. That means that qualified individual borrowers do not need to “romp and roll” through hoops to prove that our franchise works, but instead can move straight into the loan qualification process.
Q: Do you provide a protected territory?
Q: Why should I join the Romp n’ Roll team?
With more than 101 locations in many countries, Romp n’ Roll is an emerging worldwide leader in play-based education. We are passionate about improving the lives of our members and making a real difference in the communities we serve. If you are seeking to start a meaningful business with good profit potential, we invite you to apply to join us on our journey!
Want to own your own Romp n Roll?
Call (804) 965-6940
- What Is Romp n’ Roll Franchise?
- What Makes Us Unique?
- How Large Is the Industry?
- Why Romp n’ Roll Is an Attractive Business Model
- Initial Investment and Startup Costs
- How Much Can I Make?
- Who Makes a Successful Business Owner?
- Why Customers Love Us
- Training and Support
- Available and Growth Markets
- Meet Our Franchise Owners
- Meet the Romp n’ Roll Management Team
- Next Steps
Get in Touch
9673 W Broad St
Glen Allen, VA 23060