Kumon Math & Reading Centers vs Odyssey Art Centers Franchise Comparison

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

Start-Up Costs and Fees

 
Kumon Math & Reading Centers Franchise
Odyssey Art Centers Franchise
Investment $74,428 - $156,590$28,700 - $56,200
Franchise Fee $1,000$24,000
Royalty Fee $34-38/student/mo.6%
Advertising Fee --
Year Founded 19581974
Year Franchised 19581995
Term Of Agreement 5 years10 years
Term Of Agreement 5 years10 years
Renewal Fee --


Business Experience Requirements

 
Kumon Math & Reading Centers Franchise
Odyssey Art Centers Franchise
Experience --

Financing Options

 
Kumon Math & Reading Centers Franchise
Odyssey Art Centers Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/NoNo/No
Start-up Costs No/NoNo/No
Equipment No/NoNo/No
Inventory No/NoNo/No
Receivables No/NoNo/No
Payroll No/NoNo/No

Training & Support

 
Kumon Math & Reading Centers Franchise
Odyssey Art Centers Franchise
Training At regional offices-
Support Newsletter, Meetings, Toll-free phone line, Grand opening, InternetNewsletter, Meetings, Grand opening, Internet, Purchasing cooperatives
Marketing Co-op advertising, Regional advertising-
Operations

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

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

Franchise can be run from home.

0% of all franchisees own more than one unit

Number of employees needed to run franchised unit: 1

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


Expansion Plans

 
Kumon Math & Reading Centers Franchise
Odyssey Art Centers Franchise
US Expansion Yes-
Canada Expansion NoNo
International Expansion YesNo

Company Overviews

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.






About Odyssey Art Centers

The first Odyssey Art Center was founded in 1974 by Linda Perlmutter. After quitting her job as a teacher to stay home with her newborn son, Perlmutter started teaching small groups of children in the basement studio of her home. Today, her art education franchise combines history, poetry, literature, science, music, math and current events with art.