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Below is an in-depth analysis and side-by-side comparison of Odyssey Art Centers vs Australasian College of Natural Therapies including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $28,700 - $56,200 | $460,000 - $1,000,000 |
Franchise Fee | $24,000 | $261,000 |
Royalty Fee | 6% | 20% |
Advertising Fee | - | - |
Year Founded | 1974 | 1982 |
Year Franchised | 1995 | 0 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | No/No |
Start-up Costs | No/No | No/No |
Equipment | No/No | No/No |
Inventory | No/No | No/No |
Receivables | No/No | No/No |
Payroll | No/No | No/No |
Training & Support |
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Training | - | - |
Support | Newsletter, Meetings, Grand opening, Internet, Purchasing cooperatives | - |
Marketing | - | - |
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 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | No | No |
International Expansion | No | No |
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.
Established in 1982 in Sydney Australia. Since then we have developed into a profitable education business offering courses in the fields of Natural Medicine, Manual /Massage Therapies and Beauty Therapy. Our College is nationally registered and qualifications are recognized worldwide. Our students come from all over the world, from different walks of life and are of various ages. Our courses are conducted on a full-time basis, part-time basis, and through distance education. This provides our students maximum flexibility, catering to their needs.