Summary of Operation:
The Liverpool Institute for Performing Arts (LIPA) has set up a part-time performing arts academy franchise aimed at children aged four to 19. Franchise owners take a managerial role and oversee the running of the academy and can also teach some classes themselves (providing they have an appropriate qualification).

Ideal Franchise Owner:
This opportunity is ideal for someone with a teaching and/or performing arts background. People with experience of working with children and who enjoy helping young people to reach their full potential will find LIPA 4:19 particularly rewarding.

Training Provided:
Full training, access to marketing strategies and a comprehensive Operations Manual.

Training Location:
Head office (Liverpool)

Support Services:
Ongoing guidance from the support team.

Year Established: 2003
Year of First Franchise: 2008
Number of Company Outlets: 1
Number of Franchised Outlets: 8
Franchises Planned: 100
Areas of Priority Development: Nationwide


Overseas Opportunities Exist: Bulgaria
Overseas Opportunities Planned: None


Total Cost of Franchise: £13,500 + VAT
Initial Investment: £13500
Management Service Fees Payable: 12% plus VAT
Breakdown of Package: AOR
Financial Assistance Available: Major Banks

BFA Member: No
IFA Member: No

	Projected Turnover	Projected Profit
Year 1	AOR	AOR
Year 2	AOR	AOR
Year 3	AOR	AOR