A Million Monarchs franchise
2023 filing · February 3, 2023
A Million Monarchs at a glance
A private photography studio offering "dark glamour" boudoir photo sessions. At the end of 2022 there were 2 A Million Monarchs locations in the US, all company-owned.
The business
- Franchisor
- A Million Monarchs Franchising LLC
- The company that sells the franchises
- Franchisor based in
- Massena, New York
What you pay
- Cost to open
- $57K–$108K
- A new studio
- Franchise fee
- $32,000
- Paid once, when you sign
- Royalty
- $1,750 a month
- A fixed $1,250 a month for the first six months, then $1,750 a month, plus a studio support fee of at least $400 a month
- Brand fund
- 1%
- 1% of gross revenue, paid monthly
- Agreement length
- 10 years
- Territory
- Protected
- Protected territory
Where it is
- US locations, 2022
- 2
- Franchised and company-owned
- Franchised
- 0
- Company-owned
- 2
- Change in 3 years
- 0
- Franchised locations, 2020–2022
- States
- 1
- Most in New York
From A Million Monarchs Franchising LLC’s 2023 filing; SBA status from the SBA Franchise Directory, October 28, 2026.
Where it ranks
A Million Monarchs among all franchises with the same figure.
| Figure | A Million Monarchs | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $82,314 | Costs less than 91% of franchises |
| Franchise feePaid once, when you sign | $32,000 | Lower than 72% of franchises |
| US locationsFranchised and company-owned | 2 | Fewer than 82% of franchises |
How much a A Million Monarchs franchise costs
Opening a new studio costs an estimated $56,529 to $108,099. That covers the franchise fee and everything else needed to open, through the first months of working capital. It is one of the low-cost franchises.
The biggest costs are initial franchise fee ($32,000) and additional funds for initial three months ($6,000 to $18,000). Here is every line of the estimate as filed:
| What it pays for | Range | Low | High |
|---|---|---|---|
| Initial Franchise Fee | $32,000 | ||
| Initial Training for more than 2 persons | $0 | $2,000 | |
| Rent or Real Estate | $2,400 | $6,000 | |
| Design and Architect Fees | $500 | $1,000 | |
| Leasehold, Contractor Improvements, Construction Costs | $2,000 | $10,000 | |
| Equipment Furniture & Fixtures | $1,000 | $3,000 | |
| Interior and Exterior Signage | $500 | $2,000 | |
| Miscellaneous Opening Costs | $1,000 | $5,000 | |
| Business Licensing, Permits and Legal Fees | $300 | $2,000 | |
| Initial Inventory/Start Up Supplies | $1,000 | $1,500 | |
| Advertising/Marketing (3 months) | $4,500 | $10,500 | |
| Insurance (3 months) | $500 | $1,000 | |
| Studio Support Services | $1,200 | $5,100 | |
| Computer Equipment and Proprietary Software | $3,629 | $8,999 | |
| Additional Funds for Initial three Months | $6,000 | $18,000 | |
| Total | $56,529 | $108,099 | |
Source: A Million Monarchs Franchising LLC, 2023 filing, page 13
A Million Monarchs franchise fee
The franchise fee is $32,000. You pay it when you sign the franchise agreement.
Source: A Million Monarchs Franchising LLC, 2023 filing, page 9
Royalty and ongoing fees
| Royalty | A fixed $1,250 a month for the first six months, then $1,750 a month, plus a studio support fee of at least $400 a month. |
|---|---|
| Brand or marketing fund | 1% of gross revenue, paid monthly. |
| Computer and Communications Equipment Upgrades and Maintenance | Varies, but usually no more than $1,000 per year. |
| Transfer Fee Single Unit | $0 – 5,000. |
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: A Million Monarchs Franchising LLC, 2023 filing, page 10
Other fees as filed, from pages 11–12. The filing lists every fee, including late fees and audit costs.
Sales and earnings
No figures A Million Monarchs does not share sales or profit figures for its locations. Talking to current and former franchise owners is the usual way to learn what a location earns.
Source: A Million Monarchs Franchising LLC, 2023 filing, page 37
How A Million Monarchs compares
Of the 302 retail franchises on this site, A Million Monarchs is the 25th cheapest to open and the 256th largest by number of locations.
| Figure | A Million Monarchs | Typical retail brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $57K | $198K | $222K |
| Cost to open, high end | $108K | $425K | $477K |
| Franchise fee | $32K | $35K | $40K |
| Brand fund | 1% | 2% | 2% |
| US locations | 2 | 38 | 21 |
| Shares earnings figures | No | 187 of 302 | 2,147 of 3,352 |
Typical is the median across the 302 brands in retail franchises; typical franchise, across every brand here.
Locations opened and closed
| Year | Franchised | Company-owned | Opened | Closed |
|---|---|---|---|---|
| 2020 | 0 (0) | 1 | 0 | 0 |
| 2021 | 0 (0) | 1 | 0 | 0 |
| 2022 | 0 (0) | 2 | 0 | 0 |
Closed or left counts terminations, non-renewals, locations bought back by the franchisor and locations that stopped operating.
See which brands grew most in the fastest-growing franchises rankings.
More in the guides: franchise failure rates.
Source: A Million Monarchs Franchising LLC, 2023 filing, page 38
Where A Million Monarchs locations are
At the end of 2022, A Million Monarchs had locations in 1 state. The most are in New York.
- New York2
| State | Franchised | Company-owned | Total |
|---|---|---|---|
| New York | 0 | 2 | 2 |
Source: A Million Monarchs Franchising LLC, 2023 filing, page 38
Who owns A Million Monarchs?
A Million Monarchs franchises are sold by A Million Monarchs Franchising LLC.
From A Million Monarchs Franchising LLC’s 2023 filing.
Lawsuits and bankruptcy
| Lawsuits and regulatory actions | None. The filing says no litigation has to be disclosed. |
|---|---|
| Bankruptcy | None. The filing says no bankruptcy has to be disclosed. |
Franchisors must disclose lawsuits and bankruptcies involving the company, its parents and affiliates, and its executives. Many cases are routine disputes with franchisees over fees or contracts; read the descriptions in the filing and ask current owners about anything that worries you.
Source: A Million Monarchs Franchising LLC, 2023 filing, litigation on page 9, bankruptcy on page 9
A Million Monarchs filings
The figures on this page come from A Million Monarchs Franchising LLC’s 2023 filing, issued February 3, 2023, on record with the NASAA Electronic Filing Depository.
| Filing | Issued | Registry | On this page |
|---|---|---|---|
| 2023 filing | February 3, 2023 | NASAA depository | Costs, fees and locations, 2020–2022 |
Each link opens the filing as a PDF. See the newest filings across all brands.
Other retail franchises
All retail franchises
A Million Monarchs is also on these lists: business services franchises.