About Fancy Feet Dance Studio Franchise
Fancy Feet Dance Studio is a dance instruction franchise that has been offering franchise opportunities since 2017.
With a franchise fee of $30,000, the brand provides a comprehensive dance education experience for children and adults, offering classes in ballet, tap, contemporary, jazz, hip hop, gymnastics, and other movement based activities.
Beyond regular classes, Fancy Feet Dance Studio locations host recitals, special workshop programs, summer camps, and related events that create additional revenue streams and strengthen community engagement.
Fancy Feet Dance Studio Franchise Cost & Fees
| Fee Type | Amount | Notes |
|---|---|---|
| Initial Franchise Fee | $30,000 | One-time payment upon signing |
| Royalty Fee | 10% of Gross Revenue of gross sales | Ongoing; paid monthly |
| Marketing/Ad Fund | Opening Advertising and Promotion Expense: $4,000; Local Marketing, Advertising, and Promotion Expenditure: Not less than $2,000 each month; FANCY FEET DANCE STUDIO Brand Fund Contribution: 1% of Gross Revenue; Advertising Cooperative Expense: Will vary under circumstances, but it will not exceed 1% of monthly Gross Revenue | National brand fund |
| Total Investment Range | $98,900 – $185,200 | Includes build-out, inventory, working capital |
The investment range of $99K–$185K reflects variability in build-out costs, store size, lease terms, and market. The combined royalty (10% of Gross Revenue) and marketing fee (Opening Advertising and Promotion Expense: $4,000; Local Marketing, Advertising, and Promotion Expenditure: Not less than $2,000 each month; FANCY FEET DANCE STUDIO Brand Fund Contribution: 1% of Gross Revenue; Advertising Cooperative Expense: Will vary under circumstances, but it will not exceed 1% of monthly Gross Revenue) are ongoing costs paid as a percentage of gross sales.
Investment Breakdown (Item 7)
| Item | Low | High |
|---|---|---|
| Initial Franchise Fee (See Note 1) | $30,000 | $30,000 |
| Site Visit Payments (See Note 2) | $0 | $3,000 |
| Leasehold Improvements and Signs (See Note 3) | $19,000 | $45,000 |
| Fixtures, Furniture, and Equipment (See Note 4) | $4,000 | $10,000 |
| Technology, Office Equipment and Supplies (See Note 5) | $5,000 | $10,000 |
| Initial Inventory and Supplies (See Note 6) | $2,000 | $5,000 |
| Start-Up Marketing and Advertising (See Note 7) | $4,000 | $8,000 |
| Insurance | $500 | $2,000 |
| Lease Deposits (See Note 8) | $3,500 | $10,000 |
| Professional Fees | $2,000 | $4,000 |
| Licenses and/or Bonds | $200 | $1,000 |
| Other Deposits | $500 | $1,000 |
| Your Out-of-Pocket Initial Training Expenses (See Note 9) | $3,200 | $6,200 |
| Additional Funds prior to opening and for next 3 months after opening (See Note 10) | $25,000 | $50,000 |
Additional Fees (Item 6)
| Fee Type | Amount |
|---|---|
| Transfer Fee | $5,000 |
| Renewal Fee | $5,000 |
| Technology Fee | $100 Monthly |
| Audit Fee | $3,000 to $25,000 |
| Interest | 18% (annualized) or the highest contract rate of interest permitted by law, whichever is less. |
| Per Diem Fee | Up to $500 per person, currently |
| Site Selection Costs | $1,000 to $3,000 |
| Additional Required Training Fees | Up to $500 per day per person trained |
| Computer Network Fees | Reasonable amounts we may require you to pay. |
| Fees to Evaluate and Approve Alternative Suppliers | $1,000 to $3,000, although costs could greatly exceed those amounts depending on the product or service |
| Inspection Deficiency Fees | Our reasonable costs and expenses incurred in re-inspecting your franchise location or curing a deficiency |
| Operations Manual Replacement Charge | $1 per page |
| Liquidated Damages Fee | Calculated as the product of the sum of the average weekly Royalty and the average Brand Fund Contribution paid by you over the 12 month period immediately preceding the date of termination and the lesser of either 36 months or the number of months then remaining in the current term of the Franchise Agreement. |
| Indemnification | Will vary under Circumstances |
| Costs and Attorney’s Fees | Actual costs |
| Insurance | $500 to $2,000 (first year premium) |
Training Program (Item 11)
| Detail | Information |
|---|---|
| Total Duration | 6 days |
| Classroom Training | 7 hours |
| On-the-Job Training | 35 hours |
| Training Location | New York |
| Additional Training | Periodically during the term of the Franchise Agreement, we may require your owners and certain specified individuals employed by you to attend additional training courses, seminars or other training programs that we reasonably require. |
Territory Rights (Item 12)
| Detail | Information |
|---|---|
| Territory Type | Non-exclusive |
| Exclusive Territory | No |
| Description | Your Territory may be defined as a specific area delineated using the names of streets or city blocks or otherwise may be defined using commonly understood geographic descriptions such as the name of a town or one or more specified Zip Codes. |
Renewal, Termination & Transfer (Item 17)
| Detail | Information |
|---|---|
| Initial Term | 10 years |
| Renewal Term | Additional 10 year periods |
| Renewal Fee | $5,000 |
| Renewal Conditions | Bring the franchise into compliance with our System standards, sign our then-current franchise agreement, and pay the renewal fee. |
| Transfer Fee | $5,000 |
| Transfer Conditions | All transfers require our prior written approval. The proposed transferee must meet our standards as to character, financial resources, and willingness to assume the existing obligations under the Franchise Agreement, and be willing to sign our then-current form of franchise agreement and be willing to pay us for all training programs we require. You must pay our transfer fee of $5,000. |
| Termination for Cause | We have the right to terminate the Franchise Agreement with cause. Depending upon the reason for termination, we may not provide you an opportunity to cure. |
| Non-Compete Period | 2 years |
| Non-Compete Details | After termination or expiration of the Franchise Agreement, the owners of the franchise may not operate a competing business for a period of 2 years (i) within the Territory; (ii) within 50 miles of the franchise location or (iii) within 50 miles of any other FANCY FEET DANCE STUDIO business. |
Operations & Supply (Items 8 & 15)
| Detail | Information |
|---|---|
| Owner-Operator Required | Yes |
| Participation Details | Your Managing Principal must personally manage and operate the franchise and you may not, without our prior written consent, delegate your Managing Principal’s authority and responsibility with respect to management and operation. There is no minimum equity ownership requirement of the Franchised Business for the Managing Principal. The Managing Principal must have successfully completed the pre-opening training. Your Artistic Director must be under the direct operational control and supervision of an Artistic Director who will assist in the management of the Franchised Business. Any Artistic Director at the FANCY FEET DANCE STUDIO Franchised Business must have the prior training or background that we require and must successfully complete all our required initial and ongoing training programs. |
| Required Suppliers | Generally you must purchase all specified products, and inventory for the Studio from us or from our Affiliates. You must purchase all inventory and supplies for the Studio from suppliers that either we designate or approve. Currently we are the only approved supplier for any clothing items that bear any of our Marks. Also, we are an approved supplier for dance shoes, leotards, and dance recital playbills. Additionally, we may require you to use our approved supplier for any dance recital photographs sold to your customers. We require that you hire a designated payroll service provider for the Studio. Also, we require that you use our designated insurance provider to insure the Studio. |
| Supply Restrictions | We have the right to limit the number of vendors and suppliers for products, goods, supplies, fixtures and equipment. We also have the right to designate a single source of supply for certain products. We or an Affiliate may be that single source. |
| Franchisor Revenue from Suppliers | If you purchase any products or goods from us or any Affiliate, we may charge a markup of up to 100% over our cost and you will pay all shipping costs. The total estimated proportion of all required purchases and leases in relation to all purchases and leases you will make in establishing the business is 31% to 40%. The total estimated proportion of all required purchases and leases in relation to all purchases and leases you will make in operating the business is less than 20%. Neither we, nor our Affiliate derived any revenue from franchisee required purchases during our last fiscal year ending December 31, 2022. We and our Affiliates have the right to receive rebates or other consideration from suppliers in connection with your purchase of goods, products and services as described in this Item 8. Most of these payments are calculated on an amount based on products sold. We will retain and use these payments as we deem appropriate or as required by the vendor. We or our Affiliates also will derive revenue from items we sell directly to you by charging you more than the cost. |
Financing (Item 10)
| Detail | Information |
|---|---|
| Financing Available | No |
| Description | We do not offer direct financing. We do not guarantee any note, lease or other of your obligations. |
Fancy Feet Dance Studio Franchise Earnings — Item 19
Fancy Feet Dance Studio does not include an Item 19 financial performance representation in their FDD. Contact information for current and former franchisees is listed in Item 20 of the FDD.
Fancy Feet Dance Studio Litigation & Risk Flags
Litigation and bankruptcy data is sourced from Items 3 and 4 of the FDD. Always verify current status directly from the most recent FDD.
Fancy Feet Dance Studio System Growth
Fancy Feet Dance Studio currently operates 0 franchised locations and 4 company-owned units. Unit count data is sourced from Item 20 of the FDD.
Unit History (Item 20)
| Year | Opened | Closed | Total |
|---|---|---|---|
| 2020 | 0 | 0 | 4 |
| 2021 | 0 | 0 | 4 |
| 2022 | 0 | 0 | 4 |
Transfers: 0 | Closures: 0
State Registrations
Registered in 14 states: CA, HI, IL, IN, MD, MI, MN, NY, ND, RI, SD, VA, WA, WI
Franchisor Financials (Item 21)
Audited by Beers, Hamerman, Cohen & Burger, P.C. for year ending December 31.
Fancy Feet Dance Studio Franchise — FAQ
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