International Children's Art Ed Franchise's Deferred Payment Program Encourages Vets and Disable to become Entrepreneurs
March 12, 2010 // Franchising.com // (New Braunfels, TX)- KidzArt, an international children's art education franchise company, has announced a special deferred payment franchise ownership program offered to veterans and disabled. "KidzArt is interested in providing disabled people or former service members the opportunity to become business owners and leaders in their communities," says Sue Bartman, CEO of KidzArt. "We hope that the special incentives in this payment program will encourage people to put their business or military skills to use and become entrepreneurs."
The KidzArt Teach model's $9,900 franchise fee is reduced to $5,000 down with the balance waived if you reach $75,000 in annual revenue by your second year in business. If revenue of $75,000 hasn't been reached by year two, $2,500 of the $4,990 balance is due and if not reached by the end of year three, the final payment of $2490 is due.
In addition to veterans and disabled, KidzArt is also offering other qualified candidates the option of paying half down on the KidzArt Teach franchise model (normal franchise fee of $9900). In order to be eligible, candidates must pass a personality test, background check and have an acceptable credit score. The balance or second half of the franchise fee is divided into two payments due at the end of the second and third years of business.
Founded in 1998, KidzArt is an international art enrichment franchise company that helps kids of all ages explores their inner artistic potential. Through afterschool classes, camps and birthday parties, KidzArt offers a diverse, multi-cultural, multi-media drawing and fine arts curriculum designed to inspire kids throughout the world. KidzArt's "no mistakes" philosophy encourages children to try new things, explore their creativity and overcome their inhibitions or obstacles in order to grow and learn. Franchising since July 2002, KidzArt has franchised units throughout the US, China, the Middle East, Singapore, Indonesia, India and South Korea.