Investment
Own a Children's Portrait Business
Let's Talk Numbers
We’re an open book — we want you to know everything about the costs associated with opening and operating a Spoiled Rotten Photography franchise.
The initial investment and start-up costs for an SRP franchise owner will range from $52,695 – $64,350. Keep in mind these figures do not include funds that a franchise owner will need for living expenses while starting the business.
Investing in Spoiled Rotten Photography
The total franchise cost is under $65K! Our agile business model is lean and profitable. For the price of a new truck, you can be up and running a business and build an asset for your family in no time!
Requirement
Start-Up Costs
Spoiled Rotten Photography is a home-based business with little to no overhead. Our mobile studios are designed to fit into any SUV or small pick up. Therefore, we are one of the lowest cost franchises available.
Type of Expenditure | Amount | Method of Payment | When Due | To Whom Payment is to be Made | |
Initial Franchise Fee | $39,000 | Lump Sum | At time of execution of Franchise Agreement | Franchisor | |
Computer, Accessories | $2,000 – $4,600 | Lump Sum | At time of execution of Franchise Agreement | Vendor | |
Software | $120 – $500 | As incurred | At time of execution of Franchise Agreement | Vendor | |
Equipment | $6,000 – $8,000 | Lump Sum | At time of execution of Franchise Agreement | Vendor | |
Travel and living expenses while training | $2,000 – $5,400 | As incurred | During training | Airlines, hotels, restaurants | |
Inventory | $350 – $600 | Lump sum | Before opening | Franchisor | |
Marketing and set materials | $1000 – $1800 | Lump sum | Before opening | Franchisor | |
Technology Fee – First 3 Months | $375 – $750 | Lump Sum | Monthly | Franchisor | |
Business licenses | $50 – $500 | As incurred | Before opening | Government | |
Legal and accounting fees | $500 – $1,000 | As incurred | As incurred | Attorney/Accountant | |
Initial Insurance | $400 – $700 | As incurred | Before opening | Agent/Company of your choice | |
Additional Funds – 3 Months | $900 – $1,500 | As incurred | As incurred | Gift Shops, Vendors, Utility Providers | |
Total | $52,695 – $64,350 |
Spoiled Rotten Photography is a home-based business with little to no overhead. Our mobile studios are designed to fit into any SUV or small pick up. Therefore, we are one of the lowest cost franchises available.
Sales Results
Our average franchisee is up 21% in sales since 2021
Our top 33% of studios averaged over $477,000 in sales.
Our system-wide sales are up 78% since 2021, driven by growth in franchisees’ sales and the doubling of our size by opening new studios in new markets.
Customer Orders Increased 67% since 2021
Our revenues didn’t increase because we raised prices. Our revenues increased because we served more customers. In this economy, you can only raise prices so much before customers push back and the business stalls. The best way to grow any business is to offer tremendous value and win more customers.
Franchisees’ businesses are growing rapidly, all while we are successfully launching new territories.
A Rising Tide Raises All Boats
According to Verified Market Reports, the children’s portrait industry is expected to grow between 4-5% per year through 2030, more than double the economy. Spoiled Rotten Photography franchisees have been growing at more than 10% per year, more than double the projected industry growth rate, and four times the growth rate of the economy.
Minimal Fees
Hate fees? So do we.
From the ground up, we built a simple franchise model that sets our franchise owners up for success. Our only monthly fee covers the hosting and maintenance of our proprietary software (which is currently $75 per month). We also host an annual 3-day conference which is currently $150 per person. That’s it!
Marketing & Set design
We keep it fresh.
Our team develops cutting-edge marketing materials for our franchise owners to help them reach as many preschool directors and families as possible. We design and curate a new mini-session set two times a year. These sets typically range in price from $750 to $1,000. We provide it all to you, at cost, when you invest in an SRP franchise!
On-Going Costs
Owning and operating an SRP location requires that you have a certain amount of savings and a history of financial stability so that you can weather the normal ups and downs of the business cycle. For a complete look at SRP’s photography franchise costs and investment requirements, let’s start a conversation. We’re also happy to provide detailed earnings claims in our Franchise Disclosure Document.
3
royalties
We make money when you make money.
In exchange for our next-level training, systems, marketing, software, and ongoing support, we receive an 8% royalty on your gross sales. The royalty model means we must continue to provide all the elements necessary for you to be successful. More importantly, this model means you only pay us after the sale, so you’ll always have the income to cover this expense.
4
Other expenses
Less than you might think!
Typically, our biggest expense is generosity. That’s right! We give 10% back to schools that partner with us. You should also expect monthly expenses, including internet access, software subscriptions, cell phone, income taxes, automobile, insurance, travel, utilities, and minimal inventory.
Are You a Veteran?
Thank you for your service! We are a veteran-owned enterprise and would love to add you to our growing list of veteran-owned franchise locations! If you are a veteran of the U.S. Armed Forces, we honor you with a $5,000 discount off the franchise fee.
Let's start
a conversation.
We want you to win and we’re willing to prove it – contact us today and we’ll share our franchise guide and more. Learn exactly how much our franchise owners earned last year and the secret to our continued growth and success!
Let's Get Started
Let’s find an
open market near you
Spoiled Rotten Photography is a high-end children’s portraiture franchise. As part of the on-boarding process, we’ll perform an in-depth market analysis of your surrounding area to see if the demographics will support a Spoiled Rotten Photography franchise.