Carre D'Artistes operates art galleries focusing on contemporary artworks. The franchise showcases a collection of modern art, offering customers the opportunity to purchase unique pieces.
Key Insights
- Carre D'Artistes began as a vision to make original art accessible to a wider audience, evolving from its initial concept into a network of curated art spaces. The business focuses on offering a diverse collection of contemporary artworks, sourced from emerging and established artists alike, presented in a welcoming environment designed to demystify art acquisition.
- The operation involves carefully selected galleries in high-traffic urban locations, each showcasing a rotating exhibition of paintings, sculptures, and other art forms. The franchise model emphasizes a consistent brand experience, with centralized support for artist relations, marketing, and operational best practices, ensuring quality and coherence across all locations.
- The art market is a dynamic sector driven by cultural trends, investment interest, and the growing desire for unique, personalized spaces. The franchise operates within this environment by connecting art lovers with affordable, original pieces, fostering a community around creativity and artistic expression.
Franchise Fee and Costs to Open
Exploring the financial picture of Carre D'Artistes gives insight into both the upfront commitment and the potential revenue opportunity. According to FDD Item 7, opening this franchise typically involves an investment in the range of $228,300 - $548,500, along with a franchise fee of $35,000 - $35,000.
Financial Performance and Revenue
Yearly gross sales of $703,096 and estimated earnings of $70,310 - $84,372 show the potential financial performance of this franchise. These figures are crucial for prospective franchisees as they help to project revenue and profitability. They offer insight into the business's ability to generate income and can be used to compare its performance against other investment opportunities. The Franchise Payback Period of 5.5-7.5 provides an estimation of the time it might take for an owner to recover their initial investment. This metric is a key consideration for anyone evaluating the financial viability of a franchise, as it relates directly to the speed at which the business can become profitable. A shorter payback period can indicate a faster return on capital, which is a significant factor in making an informed decision about a franchise investment.
Training and Resources
Carre D'Artistes provides comprehensive training for new franchisees. This initial training, lasting two weeks, takes place at Carre D'Artistes headquarters. The franchisor offers ongoing support and resources, including operational manuals and marketing materials. Carre D'Artistes recommends leveraging these tools for business development.
Legal Considerations
Legal considerations for a Carre D'Artistes franchisee are outlined in the Franchise Disclosure Document (FDD) and the Franchise Agreement. Note that this franchise discloses lawsuits and/or bankruptcy information in its FDD, which may impact your evaluation. Subscribe now to access more details and be sure to consult a qualified attorney before proceeding.
Challenges and Risks
Running a Carre D'Artistes franchise involves considerations regarding the unique local art scene and understanding diverse customer preferences. Maintaining consistent brand standards across operations, from curated artist selections to customer service, presents an ongoing focus. Dependence on timely art delivery and managing inventory require careful planning within the established supply framework.
Franchise Datasheet
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