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General

Industry

Retail Products and Services

Category

Specialized

SBA Identifier

Year of Founding

2018

Fees

Marketing Fee

0-2%

Royalty Fee

7%

Franchise Fee

$45,000-$45,000

Investment Range

$240K-$561K

Location units

Total U.S. Locations

3

U.S. Franchised Units

1

U.S. Corporate Units

2

Headquarters (City)

New York

Other

Item 19 - Franchise Financials

Yes

Financing Availability

no

Started Offering Franchises

2018

Issuance of FDD Data

07/29/2020

What to know about Carre D'Artistes franchise?

CARRE D'ARTISTES GREAT AMERICA LLC grants franchises for the operation of art galleries related to thessale of contemporary artworks under the name "CARRE D'ARTISTES''

Carre D'Artistes is based in New York, NY. Scroll down to learn more!

How much does a Carre D'Artistes franchise cost?

Are you wondering how much is a Carre D'Artistes franchise? Before starting a Carre D'Artistes franchise, it is important to know the franchise fee, working capital and other costs required to start the business.

The minimum investment amount required to open a Carre D'Artistes franchise is $240,300 and can go all the way up to $560,500. Keep in mind, you should also allocate additional funds to live off of while the Carre D'Artistes business ramps up. This can take as little as 6 months to over 2 years depending on the franchise opportunity. You should speak to at least 5 Carre D'Artistes franchisees to understand the true cost of opening the franchise and how long it takes to: 1) start a Carre D'Artistes business 2) pass break even 3) hit significant income.

After (and if) you pass the point of earning significant income from your Carre D'Artistes franchise, there may be enough margin to hire a day-to-day manager and work less hours in the business.

Franchise Net Unit Growth

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Industry Report Request

Download our guide to compare Carre D'Artistes. Hotels to the Specialized, Outdoor Retail Products and Services industry.

Franchise Data

Year Start of Year Units Opened Units Closed End of Year
2016 4 1 0 3
2017 3 0 2 1
2018 1 0 0 1
2019 1 0 0 1

Additional Details

How much does a Carre D'Artistes franchise owner make?

Carre D'Artistes franchise earnings and revenue can vary significantly from one franchisee to another.
The Carre D'Artistes franchise owner profits can be influenced by labor costs, lease rates, hours worked as well as other factors.

Carre D'Artistes discloses financials at the unit level. In other words, they show how much Carre D'Artistes franchisees made in the past. Through analyzing this information available in the metrics tab, it can serve as a good basis to further explore the opportunity or not.

At Vetted Biz, we advise you to speak with 5 to 10 franchisees to understand how much money they are making from the Carre D'Artistes franchise. Roughly 60% of franchises disclose financials and it makes the process easier when filtering potential franchise opportunities like Carre D'Artistes. Don’t just speak to existing franchisees, call franchisees who have recently left the system and try to find out how much those Carre D'Artistes owners were making.

Visit the Carre D'Artistes metrics tab to explore the financials for this business.

What is the Carre D'Artistes franchise fee?

Owning a Carre D'Artistes franchise requires 7% royalty fee and 0-2% marketing fee. These two expenses represent the main ongoing costs you can expect to pay the franchisor throughout the franchise relationship. There may be other ongoing fees disclosed in the Carre D'Artistes Franchise Disclosure Document

Keep in mind, there is also an initial Carre D'Artistes franchise fee of $45,000 that is included in the initial investment amount of $240,300 to $560,500. Depending on the franchise agreement you sign, you might have to pay the full franchise fee again if you decide to extend the Carre D'Artistes franchise relationship. Consult with a licensed franchise attorney to understand exactly what you receive for paying the Carre D'Artistes franchise fee of $45,000.

Visit the Carre D'Artistes metrics tab to explore the financials for this business, royalty and marketing fees compare to other Retail Products and Services franchises. You can also compare these fees for 2,000+ franchises currently offered in the U.S.

When was Carre D'Artistes founded?

Carre D'Artistes started offering franchises in 2018. Carre D'Artistes was founded 4 years ago in 2018.

At Vetted Biz, we recommend franchises have 3-5 corporate locations and 5+ years of experience before offering a franchise. There needs to be proof that the business model works and is replicable before offering the franchise to other!

How many Carre D'Artistes locations are in the U.S.?

As of 2020, there were 1 locations across the U.S. There are also 2 corporate locations. Most Retail Products and Services franchises like Carre D'Artistes have more franchised locations than corporate locations.

How many Carre D'Artistes franchises opened over the past few years?

Over the prior 3 years we have data for, Carre D'Artistes has opened 0 outlets throughout the U.S. Visit the Carre D'Artistes metrics tab to explore how the openings compare to other Retail Products and Services franchises.

How many Carre D'Artistes franchises closed over the past few years?

Over the prior 3 years we have data for, Carre D'Artistes has closed 2 outlets throughout the U.S

Visit the Carre D'Artistes metrics tab to explore how the openings compare to other Retail Products and Services franchises.

Is Carre D'Artistes growing? Are they opening more locations than they are closing?

The net unit growth rate for Carre D'Artistes over the past 3 years is -67%. Over the last year we have data for, Carre D'Artistes had a net unit growth rate of 0%.

Without a comparison, this number doesn’t mean much. Compare how the Carre D'Artistes growth rate compares to 2,000+ other franchises and Industry franchises like Carre D'Artistes. More info in the Carre D'Artistes metrics tab.

Is Carre D'Artistes franchise eligible for an SBA Loan?

Carre D'Artistes is not eligible for SBA loans including the 7(a) loan last time we checked.

Carre D'Artistes franchise does not have a SBA Franchise ID and was not in the SBA Franchise Directory. The SBA Franchise Directory will only include business models like Carre D'Artistes that are reviewed and found eligible under SBA’s affiliation rules and other eligibility criteria.

To find out more about the SBA loan program for franchising click here.

Is Carre D'Artistes a franchise in the United States?

According to the SBA, Carre D'Artistes does not meet the Federal Trade Commission (FTC) definition of a franchise.

Many popular brands like Starbucks and Topgolf are not franchises in the U.S. but franchise outside of the United States. Be sure the franchisor provides you with an updated Franchise Disclosure Document as this is one of the key indicators that the business opportunity is truly a franchise in the U.S.

The FTC Franchise Rule requires franchisors to provide all potential franchisees with a disclosure document (FDD) containing 23 items of about the franchise, its officers, and other franchisees. Be sure that Carre D'Artistes provides you with an FDD if you are in discussion to buy a Carre D'Artistes

What is the Carre D'Artistes Franchise for Sale Rate?

The Carre D'Artistes systemwide health and franchisee satisfaction can be measured by the Carre D'Artistesfranchise for sale rate. The franchise for sale rate is calculated by the percentage of units transferred to new franchisees and reacquired by franchisor.

Carre D'Artistes franchise for sale rate over the past 3 years is 0%. Over the last year we have data for, Carre D'Artistes had a franchise for sale rate of 0%.

Without a comparison, this number doesn’t mean much. Compare how the Carre D'Artistes franchise for sale rate compares to 2,000+ other franchises and Industry franchises like Carre D'Artistes. More info in the Carre D'Artistes metrics tab.

What is the Carre D'Artistes Franchise Failure Rate?

Carre D'Artistes franchise failures comprise franchise terminations, franchise non-renewals, and franchises that ceased operations for other reasons. The failure rate is one of the most important franchise metrics to consider when investing in a franchise!

Carre D'Artistes failure rate over the past 3 years is 200%. Over the last year we have data for, Carre D'Artistes had a franchise failure rate of 0%.

Without a comparison, this number doesn’t mean much. Compare how the Carre D'Artistes franchise for sale rate compares to 2,000+ other franchises and Industry franchises like Carre D'Artistes. More info in the Carre D'Artistes metrics tab.

How can I find out more details on Carre D'Artistes franchise?

Visit the Carre D'Artistes metrics tab to explore franchise profitability, industry comparables and more. Become a Vetted Member today today for exclusive access on this franchise opportunity!

Investment Midpoint

The average of the low and high range of the investment amounts calculated from the most recently available Franchise Disclosure Document

Carre D'Artistes

$400,400

Industry median

All franchises median

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Royalty Fee

The median royalty fee from the Franchise Disclosure Document

Carre D'Artistes

7%

Industry median

All franchises median

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Franchise Fee Midpoint

Payment that the franchisee must pay to the franchise owner in order to start a franchise.

Carre D'Artistes

$45,000

Industry median

All franchises median

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Item 19 – Financial Performance Representations

Historical financial performance representations

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Franchise Financials

Franchisor company financial information and financial performance representations, if disclosed by the franchisor.

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Franchise Disclosure Document

Download Latest FDD (2020)

General

Industry

Retail Products and Services

Category

Specialized

SBA Identifier

Year of Founding

2018

Fees

Marketing Fee

0-2%

Royalty Fee

7%

Franchise Fee

$45,000-$45,000

Investment Range

$240K-$561K

Location units

Total U.S. Locations

3

U.S. Franchised Units

1

U.S. Corporate Units

2

Headquarters (City)

New York

Other

Item 19 - Franchise Financials

Yes

Financing Availability

no

Started Offering Franchises

2018

Issuance of FDD Data

07/29/2020

Detailed Franchise metrics for Carre D'Artistes

Detailed Franchise Metrics are metrics calculated and reviewed by Vetted Biz. You can find the available metrics for Carre D'Artistes below. “N/A" or Not Applicable results mean that there is not enough data available to compute a precise rate or that the result is not mathematically computable. When results are not mathematically computable, you should pay attention to the absolute values (#) instead of the percentage rate itself.

Franchise Fee Midpoint

Payment that the franchisee must pay to the franchise owner in order to start a franchise.

Carre D'Artistes

$45,000

Industry median

All franchises median

Unlock premium content

Franchise Disclosure Document

Download Latest FDD (2020)

Failure Rate

Franchise failures comprise franchise terminations, franchise non-renewals, and franchises that ceased operations for other reasons.

 

1 year

3 years

Carre D'Artistes

NA

200%

Industry median

All franchises median

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Franchise for Sale Rate

The percentage of units transferred to new franchisees and reacquired by franchisor.

 

1 year

3 years

Carre D'Artistes

NA

0%

Industry median

All franchises median

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Business details

Website

https://***********.com

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Business email

**********@******.com

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Mailing address

60 Broad Street, Suite 3502

State headquarters

New York

Key leadership

Carre D'Artistes

Phone

+1 (000) 0********00

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City

New York

Zip code

10004
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