Franchise With Cordovan Art School

Investment Details.

What studios earn?

$175k/yr

Average NOI for Owner-Operated*

$117K/yr

Average NOI for Passive Ownership**

$285K/yr

NOI for highest performing studio (owner operated)

$171K–$325K
Investment Range

*Net Operating Income after all expenses including a full-time studio manager’s salary.
**Net Operating Income excluding the cost of a manager, assuming the owner fulfills the management responsibilities directly.
Based on all Cordovan Art Schools that are “fully operational” for at least two years.

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Ideal franchise candidates:

Hardworking and caring entrepreneurs are the driving force behind Cordovan’s business success and impact. The best Cordovan franchisees aren’t necessarily artists—they’re leaders with a passion for people, community outreach, and communication.

What does it cost to start?

Initial franchise fee
$40,000
Real Estate / Rent
$4,167 – $15,000
Leasehold Improvements
$45,000 – $100,000
Furniture / Fixtures / Equipment
$22,250 – $53,400
Signage
$2,500 – $12,500
Inventory
$20,000 – $30,000
Professional Fees
$5,400 – $9,000
Utilities, Insurance, Office Expense
$900 – $2,500
Training
$1,000 – $3,000
Marketing Introduction Program
$5,000 – $10,000
Operational Cash Reserves
$25,000 – $50,000
Total Investment Range
$171K – $325K
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