College Nannies, Sitters and Tutors vs Odyssey Art Centers Franchise Comparison

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

Start-Up Costs and Fees
 
College Nannies, Sitters and Tutors Franchise
Odyssey Art Centers Franchise
Investment $105,000 - $158,000$28,700 - $56,200
Franchise Fee $45,000$24,000
Royalty Fee 5%6%
Advertising Fee 2%-
Year Founded 20011974
Year Franchised 20051995
Term Of Agreement 10 years10 years
Term Of Agreement 10 years10 years
Renewal Fee $2K-


Business Experience Requirements
 
College Nannies, Sitters and Tutors Franchise
Odyssey Art Centers Franchise
Experience --

Financing Options
 
College Nannies, Sitters and Tutors Franchise
Odyssey Art 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/NoNo/No
Payroll No/NoNo/No

Training & Support
 
College Nannies, Sitters and Tutors Franchise
Odyssey Art Centers Franchise
Training Classroom Training: 48 hours-
Support Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet PlatformNewsletter, Meetings, Grand opening, Internet, Purchasing cooperatives
Marketing Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app-
Operations International franchisees required to buy multiple units/master licenses Number of employees needed to run franchised unit: 2 - 3 Absentee ownership of franchise is NOT allowed. 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
 
College Nannies, Sitters and Tutors Franchise
Odyssey Art Centers Franchise
US Expansion Yes-
Canada Expansion NoNo
International Expansion YesNo

Company Overviews

About College Nannies, Sitters and Tutors

College Nannies and Tutors Builds Stronger Families by providing Role Models from Cradle to College. As a full-service family focused firm, franchisees specialize in placing nannies, babysitters, homework help and college prep tutors. College Nannies and Tutors is seeking executive owners that share our core values and possess the desire and ability to grow multiple retail units.

The total investment necessary to begin operation of a College Nannies + Sitters + Tutors business is from $105,000 to $173,000. This includes the $45,000 initial franchise fee that must be paid to us. If you purchase 2 franchised Territories at the same time, the Initial Franchise Fee is $80,000 for both Territories. If you purchase 3 franchised Territories at the same time, the Initial Franchise Fee is $105,000 for all 3 Territories.

"Entrepreneur

#260 in Franchise 500 for 2020.
#274 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.