Fred Astaire Dance Studios
The total investment to open a Fred Astaire Dance Studios franchise ranges from $296,200 to $658,200. The initial franchise fee is $35,000. Ongoing royalties are 7% plus a 5% advertising fee.
What is the Fred Astaire Dance Studios franchise?
Fred Astaire Dance Studios was co founded in 1947 by Fred Astaire, Charles Casanave, and Chester Casanave, with Charles L. Casanave, Sr., a retired motion picture executive, also involved in its launch. The first studio opened in March 1947 on Park Avenue in New York City, based on Astaire’s goal of sharing his personally designed dance curriculum and teaching methods through a broad studio chain. Astaire sold his personal interest in 1966 but permitted continued use of his name and remained a consultant until 1967. The company began franchising in 1950 and now operates without corporate owned studios. Each location is independently owned and operated. Reported figures include 246 locations in 2024, more than 265 studios worldwide, 140 United States studios in December 2010, and 172 franchised United States locations across 26 states in a 2020 Franchise Disclosure Document. The network also reaches Lebanon and South Africa. A separate data set reports 8 total units and 37 franchised units. The brand operates in the fine arts schools category and serves a global Dance Studio market estimated at USD 22.3 billion in 2024. Buyers should reconcile these varying unit counts through independent review rather than relying only on marketing materials.
The global Dance Studio market was estimated at USD 22.3 billion in 2024 and is projected to grow at a Compound Annual Growth Rate of 7.4% from 2025 to 2033, reaching USD 42.1 billion by the end of that period. North America is projected to grow at approximately 6.8% annually through 2033 and reach USD 15.6 billion. Demand is supported by interest in health, physical activity, social interaction, and artistic expression. Television programs including Dancing with the Stars and So You Think You Can Dance have increased public interest in ballroom and social dancing over the last 15 years. TikTok and Instagram help studios reach younger customers through viral dance trends. Ballet, tap, and hip hop remain important offerings, while Zumba and barre support fitness demand. Metropolitan areas benefit from population density and interest in the arts. Fred Astaire’s focus on ballroom and social dance may appeal to affluent customers seeking premium instruction and social experiences.
The initial franchise fee for one Fred Astaire Dance Studios location generally ranges from $30,000 to $45,000. Multi location development agreements may receive discounts. Other reported fee ranges are $30,000 to $55,000, $30,000 to $40,000, $35,000 to $60,000, and $25,000 to $40,000 based on location and cost of living according to a 2022 FDD. One source lists the fee as $40,000. A Development Agreement may require an additional development fee of $70,000 to $150,000, depending on the number of studios committed. Reported total initial investment ranges include $301,000 to $670,000, $259,600 to $582,100, $296,200 to $658,200, $218,300 to $1,616,550, and database figures of $33,000 to $601,600. Costs can include construction, specialized dance flooring, equipment, and opening working expenses. Studio size, location, leasing or purchasing property, service offerings, prime location costs, and luxury finishes affect the total. Minimum liquid capital is $75,000, with estimated working capital of $50,000 to $70,000. One outlier source reports a 50% royalty. Advertising costs include $150 per month, a 2020 report of 0.5%, and another reported range of $200 to $800 per month. Franchisees also pay the current fee for a regional or local advertising cooperative when one exists. The franchisor is FADS USA, Inc., headquartered in Longmeadow, Massachusetts, USA, with a corporate office listed at 155 Hazard Ave, Suite 8, Enfield, CT 06082 USA. A database lists Appleton, WI as a headquarters location.
Franchisees manage daily studio activity, staff, marketing, and delivery of the proprietary dance curriculum. Initial training combines in person, on site, and digital instruction, with continuing training requirements. The mandatory program includes three days at Fred Astaire’s corporate offices, two consecutive days at an existing studio, and e learning modules. Training must be completed at least 10 days before opening. The program covers instructional methods, administrative duties, and general studio operations for franchisees and staff. Ongoing assistance includes marketing, site selection, operations, computer support, technology support, and programs based on practices from hundreds of existing studios. Each studio receives a defined geographic Territory before the franchise agreement is finalized. Fred Astaire Dance Studios determines that territory using population density, demographics, market trends, and traffic flows, with the terms described in the Franchise Agreement. The company encourages multi unit ownership. In March 2024, Saratoga Springs franchisees Elizabeth and Sergiy “Grey” Masko expanded toward the Washington D.C. area and planned approximately ten studios there over the next decade after growth at their Saratoga location. The model generally calls for owner operator involvement, although the support structure may accommodate a more managerial role for multi unit owners.
Unit growth moved from 140 United States studios in December 2010 to 172 franchised locations across 26 states in 2020, then to 246 locations in 2024 and more than 265 studios worldwide. The database figure of 37 franchised units differs from those totals. The broader market was valued at USD 22.3 billion in 2024 and is projected to reach USD 42.1 billion by 2033 at a 7.4% CAGR. Ballroom and social dance, affluent customer segments, Fred Astaire’s name, and the proprietary curriculum may support sales, but buyers should evaluate unit economics independently.
Fred Astaire Dance Studios grew from 140 United States studios in December 2010 to 172 franchised locations across 26 states in 2020. The Northeast had 59 locations. In 2024, reported growth reached 246 global locations within a network of more than 265 studios worldwide. A separate database entry lists 8 total units and 37 franchised units. The company is pursuing new studios globally, with analysis identifying potential in the Western and Southern United States, including California and Texas. The company expanded into Para Dance Sport in August 2018, and its Bloomfield Hills, MI studio hosted the country’s first Paralympics.org sanctioned Para Dance Instructor Training in June 2018. Studios also offer corporate team building retreats. Brand advantages include Fred Astaire’s name, his personally designed curriculum, the global network, and support developed through hundreds of studios. In 2013, the Bloomfield Hills, Michigan studio was named Top Overall Studio for its 36 studio region and was recognized for attracting new students and achieving record 60% growth. The company also uses television exposure, TikTok, and Instagram to reach younger dance customers.
A typical candidate has an entrepreneurial outlook, interest in dance or the arts, and business management ability. Direct industry experience is not specifically required, although leadership or team supervision experience may help with staff management. Successful ownership often involves a committed, hands on role and personal involvement in the dance community. The company encourages multi unit ownership, as shown by the Saratoga Springs franchisees’ Washington D.C. expansion plans for approximately ten studios over the next decade. Territories are available globally, with existing concentration in the Northeast, including 59 locations, and the Great Lakes region. California and Texas are among the states identified for additional opportunity in the Western and Southern United States. Initial training must be completed at least 10 days before opening. The franchise agreement term length is not specified in the available data. Transfer and resale provisions would generally appear in the franchise agreement. The opportunity may suit buyers seeking involvement in artistic expression, social connection, and community activity as well as ownership of a dance studio business.
Fred Astaire Dance Studios began in 1947 and started franchising in 1950. Its reported scale includes 246 locations in 2024 and more than 265 studios worldwide, compared with 140 United States studios in 2010 and 172 United States locations in 2020. The global Dance Studio market was estimated at USD 22.3 billion in 2024 and is projected to reach USD 42.1 billion by 2033 at a 7.4% CAGR. Training, continuing operations assistance, and encouragement of multi unit development are central parts of the model, including the plans by franchisees to open approximately ten studios in the Washington D.C. area over the next decade.
Loan Activity Score
66/100
SBA Default Rate
4.3%
Active Lenders
24
According to its Franchise Disclosure Document or public business records, Fred Astaire Dance Studios has 261 locations, all owned by franchisees. Public SBA loan records show 24 lenders made 47 loans to franchisees of Fred Astaire Dance Studios. PeerSense calculates Fred Astaire Dance Studios's score as 66 out of 100, using public SBA loan performance and recent lending activity. Cost figures are based on the 2026 Franchise Disclosure Document.
Franchising since 1947 · 261 locations
$296,200 to $658,200
$35,000
261
261 franchised
Proprietary PeerSense metric
StrongDistinct lenders in public SBA records for Fred Astaire Dance Studios
47
Total SBA loans
$326K
Average loan size
Source: public SBA 7(a) and 504 loan records through December 31, 2025
Referral fee at closing
SBA Lending Activity for Fred Astaire Dance Studios
Loan Activity Score Breakdown
Established (25 to 99 loans)
Are lenders increasingly or decreasingly funding this brand? Growing trends score highest.
Blended default rate (recent + all time) compared to NAICS sector peers.
Quality lenders actively backing this brand, with penalty for lender pullback.
FDD availability, Item 19 disclosure, and overall data completeness.
Geographic spread of SBA funded locations across states.
SBA Lending Performance
SBA Default Rate
4.3%
vs 7.9% peer avg
SBA Loans
47
Total Volume
$15.3M
Active Lenders
24
5 selective
States
15
vs. SBA Sector Average
SBA loan default rate vs. all franchises in the same NAICS sector, not limited to direct competitors
Key Highlights
Franchise Financing Resources
Data Insights
Key performance metrics for Fred Astaire Dance Studios based on SBA lending data
SBA Default Rate
4.3%
3.6% below peer avg
SBA Loan Volume
47 loans
Across 24 lenders
Lender Diversity
24 lenders
Avg 2.0 loans per lender
Investment Tier
Significant investment
$296,200 to $658,200 total
Fred Astaire Dance Studios: Deep SBA Data
Brand specific metrics derived directly from SBA 7(a) approval records: peak lending year, leading state, average loan size, and lender concentration. PeerSense computes these per brand so capital advisors and prospective franchisees can benchmark this opportunity against the rest of the franchise universe.
Peak SBA Year
2019
7 approvals. The best year on record for Fred Astaire Dance Studios.
Top SBA State
Wisconsin
10 SBA financed Fred Astaire Dance Studios locations, the densest operator footprint.
Average Loan Size
$350K
Median $214K. Use as a sizing anchor when modeling your own Fred Astaire Dance Studios unit.
Lender Concentration
45.2%
Concentrated
Share of Fred Astaire Dance Studios approvals captured by the top 3 SBA lenders.
Fred Astaire Dance Studios's SBA lending pipeline peaked in 2019 (7 approvals). The last five fiscal years account for 40% of cumulative volume ($8.7M approved). Operator density is highest in Wisconsin with 10 SBA financed locations. Average funded ticket sits at $350K, with the median at $214K. Lender mix is concentrated: the top three SBA lenders account for 45.2% of approvals. Credit decisions concentrate with a small group of incumbents.
Payment Estimator
Estimated Monthly Payment
$3,066
Principal & Interest only
Indicative only, as of October 1, 2026. Not a quote, commitment or offer of credit. Final pricing, leverage and terms are determined by the lender at underwriting, after full transaction materials are reviewed. PeerSense sources the file. The lender sets pricing. What these terms mean.
Locations
Fred Astaire Dance Studios, unit breakdown
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Page Review
Reviewed by Edward L. Freeman, Founder and Managing Director, PeerSense
- PeerSense is a capital advisory firm that places commercial financing with direct capital sources; it does not lend, fund, or approve loans, and the capital source sets final terms.
- Edward L. Freeman founded PeerSense in January 2020.
- He is a Registered Franchise Consultant with Business Alliance, Inc., a credential issued in March 2022, and worked as a franchise consultant there from March 2022 to May 2023.
- His recorded experience includes a $22 million SBA construction loan, with about $16 million funded on the deal.
- In the 12 months through September 30, 2026, PeerSense tracked 912 publicly announced financings with a disclosed size of $361.32 billion. PeerSense Capital Data Report · Methodology page
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