Twinkle Star Dance logo

Twinkle Star Dance Franchise

Audited Financials
Child & Youth ServicesEst. 2020Livermore, CA
www.TwinkleStarDance.com

Risk Score

Pending analysis

Investment Range

$111,635 - $174,935

Min Cash Required

$25,000

Total US Locations

8

Business Summary

Twinkle Star Dance operates dance studios that provide tap, ballet, jazz, hip-hop, and lyrical dance lessons for children and teens aged 2 and up. The studios offer a variety of dance styles, proprietary lesson plans, choreography, and programs for recitals, focusing on child development principles and fitness techniques. Twinkle Star Dance classes are designed to be fun and engaging, incorporating skill-building and center movement, and are open year-round with comfortable parent viewing areas.

Corporate History

Twinkle Star Dance Franchise, LLC was formed on February 7, 2020, and began offering franchises in January 2021. The dance studio concept itself was founded by Tiffany Henderson, with affiliates Tiffany's Dance Academy, Inc. operating since October 2000, and Tiffany's Dance Academy USA, LLC operating since September 2005. Another affiliate, Twinkle Star Dance, LLC, launched an internet subscription service for dance curriculum in March 2012. The franchise system builds upon the proprietary system, lesson plans, and choreography developed through these affiliated operations.

Financial Overview

Investment Range

$111,635 - $174,935

Franchise Fee (High)

$15,000

Minimum Cash Required

$25,000

Royalty %

5%

Marketing %

1%

Equipment Costs (Low)

$30,500

Equipment Costs (High)

$46,000

Working Capital

$37,500

Audited Financials

Yes

Offers Financing

No

Audit Opinion

Unqualified opinion

Financial Health Notes

Twinkle Star Dance's financial condition, as reflected in its financial statements, calls into question its financial ability to provide services and support to franchisees. Although the company reported net income in 2022 and 2023, and moved to positive members' equity in 2023, these financial concerns are explicitly highlighted as a special risk for potential franchisees.

Financing Details

Twinkle Star Dance does not offer any direct or indirect financing for purchases, and it does not guarantee any notes, leases, or other financial obligations for franchisees. Franchisees are responsible for securing their own financing.

Performance Metrics

Total US Locations

8

Franchised Units

3

Corporate Units

5

Avg Square Footage

1,000

Franchising Since

2021

Agreement Terms

Initial Term

10 years

Renewal Term

10 years

Renewal Conditions

To renew, Twinkle Star Dance franchisees must meet several conditions. They must be in substantial compliance with the terms of their Franchise Agreement throughout the initial term and at the time of renewal, and have satisfied all monetary obligations to Twinkle Star Dance. Franchisees must provide written notice of their election to renew between 90 and 180 days before the initial term expires. They are required to remodel or refurbish their studio to the then-current brand standards as described in the Operations Manual and must sign Twinkle Star Dance's then-current franchise agreement, which may contain materially different terms and conditions. However, the territory boundaries will remain the same, and the royalty and advertising fees will not be higher than those imposed on other similarly-situated renewing franchisees. Finally, franchisees must sign a General Release.

Training & Support Program

Franchisor Assistance

Twinkle Star Dance provides extensive support to its franchisees, starting before the studio opens. This includes assigning an exclusive territory and protecting it from competition, and offering a one-week "Twinkle Star Dance Academy" training program at its Livermore, California headquarters for the owner and three additional staff members, covering management, operations, curriculum, and customer relations. The franchisor also provides a Site Selection and Build-Out Manual, offers guidance for finding and remodeling a studio, and reviews and approves proposed sites and lease terms. During the first week of opening, a staff member provides 3 to 5 days of on-site support in the franchisee's territory. Ongoing assistance from Twinkle Star Dance includes listing the studio's contact information on the franchisor's website and forwarding leads, maintaining a telephone and web advisory service for operational questions, and continuously identifying and evaluating new products and services for franchisees to implement. Franchisees are lent confidential Operations Manuals that are regularly updated. The franchisor may also hold annual conventions to discuss system improvements and industry trends, and develops advertising and marketing materials for franchisees' use. Additionally, Twinkle Star Dance helps franchisees launch their business with a Grand Opening Promotion program.

Initial Training Hours

64

Training Location

Twinkle Star Dance Headquarters in Livermore, CA and at the franchisee's territory

Ongoing Support

Twinkle Star Dance provides ongoing support to its franchisees through various channels. This includes listing the studio's contact information on the franchisor's website to generate leads and inquiries. Franchisees have access to a telephone and/or web advisory service for operational, administrative, sales, and management questions. Twinkle Star Dance continually identifies and evaluates new products and services, providing training for their implementation, along with best practices for pricing, team management, and industry developments. Franchisees are lent confidential Operations Manuals that are regularly updated. The franchisor may also hold annual conventions to discuss system improvements and industry trends, and develops advertising and marketing materials for franchisees' use.

Franchise Requirements

Ideal Candidate Profile

Twinkle Star Dance seeks franchisees who are committed to full-time involvement, dedicating their best efforts to managing and operating the business. If the franchisee is an individual, they must serve as the Studio Manager, or if an entity, one of the principal owners must fulfill this role. The Studio Manager must directly supervise daily operations, be present at the studio for at least 32 hours per week during normal operating hours, and have complete decision-making authority. Candidates for Studio Manager must meet Twinkle Star Dance's educational and business criteria, successfully complete the training program, and not have any conflicting business interests. Additionally, individuals owning 5% or more of the franchise entity must sign a personal guarantee.

Industry Experience Required

No

Management Experience Required

Yes

Sales Experience Required

No

Technical Skills Required

No

Operational Details

Location Type

retail

Owner Participation

full-time

Territory Type

exclusive

Territory Size Requirements

Twinkle Star Dance assigns a territory that is typically a portion of a city, defined by specific geographic or highway boundaries, or a group of zip codes. The size of the territory depends on population and demographics. While not usually described as a radius, Twinkle Star Dance aims to provide at least five miles of protection between the franchisee's location and the nearest other Twinkle Star Dance franchise.

Staffing Notes

Twinkle Star Dance requires franchisees to retain personnel as needed to operate and manage the studio, in addition to the owner's participation. The Studio Manager, who can be the franchisee or a principal owner if an entity, is required to directly supervise operations for at least 32 hours per week. The Studio Manager must meet Twinkle Star Dance's educational and business criteria, complete the initial training program, and not have any business relationships with competitors. Other key roles mentioned include a Lead Dance Instructor, a Customer Service Administrator, and Dance Instructors, all of whom may attend initial training. All management personnel are required to sign Non-Disclosure and Non-Competition Agreements.