Drama Kids vs Kumon Math & Reading Centers Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Drama Kids vs Kumon Math & Reading Centers including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Drama Kids Franchise
Kumon Math & Reading Centers Franchise
Investment $33,800 - $73,500$74,428 - $156,590
Franchise Fee $27,500 - $57,500$1,000
Royalty Fee 8%$34-38/student/mo.
Advertising Fee 1%-
Year Founded 19791958
Year Franchised 19891958
Term Of Agreement 5 years5 years
Term Of Agreement 5 years5 years
Renewal Fee $2K-


Business Experience Requirements
 
Drama Kids Franchise
Kumon Math & Reading Centers Franchise
Experience
  • General business experience
    		• -

    Financing Options
     
    Drama Kids Franchise
    Kumon Math & Reading Centers Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/YesNo/No
    Start-up Costs No/YesNo/No
    Equipment No/YesNo/No
    Inventory No/YesNo/No
    Receivables No/YesNo/No
    Payroll No/YesNo/No

    Training & Support
     
    Drama Kids Franchise
    Kumon Math & Reading Centers Franchise
    Training 1 day of regional training plus annual conference. Classroom Training: 52 hours Additional Training: Via webinar Absentee Ownership Allowed At regional offices
    Support Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform Newsletter, Meetings, Toll-free phone line, Grand opening, Internet
    Marketing Co-op Advertising Ad Templates National Media Social media SEO Website development Email marketing Co-op advertising, Regional advertising
    Operations Franchise can be run from home.

    0% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 1 - 4

    Absentee ownership of franchise is NOT allowed.

    Number of employees needed to run franchised unit: 2 - 3

    Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

    Expansion Plans
     
    Drama Kids Franchise
    Kumon Math & Reading Centers Franchise
    US Expansion YesYes
    Canada Expansion NoNo
    International Expansion YesYes

    Company Overviews

    About Drama Kids

    In 1979, teacher Helen O'Grady began offering after-school drama classes to children in Perth, Australia. The positive response from both parents and students convinced O'Grady to open more studios. By 1987, she had opened 24 locations around Perth, operating under the Helen O'Grady Children's Drama Academy. The company began franchising in Australia in 1989 and first offered international master licenses in 1993. In 2000, the company began operations in the United States as Drama Kids International.
    Drama Kids franchisees offer children age 5 to 17 drama classes at schools, community centers and churches. The program runs on a 40-week school year basis, made up of a single hour-long session per week. Each year ends with a performance for family and friends.

    Seeking new franchise units Worldwide  

    The total investment necessary to begin operation of a Drama Kids franchised business with a standard territory is between $33,800 and $43,500. This includes $27,500 that must be paid to the franchisor or its affiliate(s).
    The total investment necessary to begin operation of a Drama Kids franchised business with an optional expanded territory is between $33,800 and $73,500. This includes $57,500 that must be paid to the franchisor or its affiliate(s).

    #287 in Franchise 500 for 2020.

    About Kumon Math & Reading Centers

    Secondary school math educator Toru Kumon built up the Kumon technique for adapting over 50 years back in Japan, when his child was battling with second-grade number-crunching. Understanding that a solid establishment in the rudiments - expansion, subtraction, increase and division- - was fundamental for larger amount math, Kumon made a progression of math worksheets for his child to chip away at after school. With every day practice, Kumon's child bit by bit extended his authority of scientific aptitudes and by 6th grade could settle differential conditions and basic analytics issues.

    What sets Kumon apart from the rest?

    Worldwide success

    Kumon is the 4th largest franchise on the planet

    Ongoing support

    Our training and support begins on day one, and never ends

    Low startup fees

    You don't have to pay a premium to partner with the worldwide leader

    Veteran Incentives  $10,000 toward build-out/grand-opening costs

    "Top                   ""   "Entrepreneur
    #61 in Gator's Top franchises.  
    #12 in Franchise 500 for 2020.
    #6 in Franchise 500 for 2021.