CANTON, Mass., January 13, 2022 /PRNewswire/ — school of rock, the leader in performance-based music education, was recently ranked among Contractor Franchise 500, with the brand claiming first place in the children’s enrichment category, for the second consecutive year.
Over its 43-year history, the Franchise 500® has become both a dominant competitive metric for franchisors and a primary research tool for potential franchisees. School of Rock’s position in the rankings speaks to its strength as a franchise opportunity.
“To again rank number one in the child enrichment category on the 2022 Franchise 500 list is an honor and validates the efforts of our network,” said Rob Price, CEO of School of Rock. “Our mission is not only to enrich the lives of our students through performance-based music education, but also to actively work to inspire the next generation of creators around the world. We are excited to reach new milestones and to reach new heights in 2022.”
In Contractor In an ongoing effort to better understand and assess the ever-changing franchise market, the company’s 43-year-old ranking formula also continues to evolve. The editorial team researches and evaluates several factors that go into the rating, including cost and fees, size and growth, support, brand strength, and financial strength and stability. Each franchise receives a cumulative score based on an analysis of over 150 data points, and the 500 franchises with the highest cumulative scores become the Franchise 500® in ranked order.
“The past year has been one of the toughest for the companies in recent memory, which has made setting up our 43rd annual Franchise 500 list more enlightening than ever,” says Contractor Chief Editor Jason Feifer. “The companies named to this year’s list have shown us how being resilient, supportive and agile can help meet extraordinary challenges and also underscore the courage and innovation that define entrepreneurship.”
To see School of Rock in the full rankings, visit www.entrepreneur.com/franchise500. Results can also be seen in the January/February 2022 Contractor number, available at newsstands January 11.
School of Rock offers students of all ages an exciting and engaging experience music class experience, which includes bass lessons, guitar lessons, singing lessons, drum lesson, and piano lessons. Drawing inspiration from all styles of rock and roll, School of Rock students learn theory and techniques via songs by legendary artists such as Aretha Franklin, Lenny Kravitzand Led Zeppelin. Through the school’s performance-based approach, students around the world have gained superior musical skills, with some going on to record deals and bigger platforms such as American Idol, The Voice and Broadway. .
About the school of rock
School of Rock helps budding musicians master their skills, unleash their creativity, and develop the tools they need to thrive in life. Founded as a unique school in Philadelphia, Pa., in 1998, School of Rock has grown into a rapidly growing international franchise with over 500 schools open and developing in 15 global markets. Since 2009, School of Rock has grown its student body from 4,000 to nearly 50,000. School of Rock offers a wide variety of music lessons, including guitar lessons, singing lessons and piano lessons. The company also has sells musical instruments and musical equipment through its GearSelect program. School of Rock was awarded US Patent 10,891,872 in 2021 for its innovative method of music education. School of Rock has also won the following industry awards: 2021 Franchise Innovation Award for Most Innovative Use of Customer-Facing Digital Tools; 2021 Global Franchise’s Awards Best Children’s Services and Education Franchise; Entrepreneur magazine’s 2021 Franchise 500 Top Children’s Music Enrichment Brand; Franchise Business Review’s Top 200 List and Culture 100 in 2021; Top 200 Franchise Entrepreneur Magazine 2020 and #1 Child Enrichment Franchise; and 2018 Forbes #2 Best Franchise Medium-Level Investment Award and #1 Music Franchise in America.
For more information on School of Rock, visit www.SchoolofRock.com or call 866-695-5515. To learn more about the school of rock franchise opportunities head toward http://franchising.schoolofrock.com/
SOURCE School of Rock