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Updated RecentlyOdyssey Art Centers vs Omega Learning Center Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Odyssey Art Centers vs Omega Learning Center 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 | $123,650 - $183,643 |
| Franchise Fee | $24,000 | $49,900 |
| Royalty Fee | 6% | 8% |
| Advertising Fee | - | 5%Local+2%Nat'l |
| Year Founded | 1974 | - |
| Year Franchised | 1995 | - |
| Term Of Agreement | 10 years | 5years+5+5+5 |
| Term Of Agreement | 10 years | 5years+5+5+5 |
| 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 | -/- |
| Start-up Costs | No/No | -/- |
| Equipment | No/No | -/- |
| Inventory | No/No | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
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| Training | - | The initial training is extensive and covers all material aspects of the operation of an Omega Learning Center Business and is comprised of classroom and on-the-job training. There is also continued training and support at your business after you open. |
| 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 | - | Yes |
| Canada Expansion | No | - |
| International Expansion | No | - |
Company Overviews
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.
About Omega Learning Center
We franchise the right to operate a diagnostic testing and supplemental education center that provides individualized tutoring and assessment, standardized test preparation and individually tailored instructional programs and services to children and young adults. As a part of your business model, you also have the right to operate a private school, Omega private Academy. An Omega Learning Center� franchise offers you the opportunity to provide tutoring for children and young adults to help them achieve their academic goals and eventually succeed in life. That opportunity is enhanced by the benefits of an established franchise company and outstanding, turnkey business system. It all adds up to a most fulfilling life for you! Now is the time to join the Omega Learning Center� family. We are looking for a limited number of franchisees that meet the following criteria: *Strong sales and customer service abilities *Well-developed people skills *Maturity and stability *Eagerness to help children learn *Enthusiasm and self-motivation *Firm belief that education is the key to success *Dedication to helping children reach their education goals *Strong ties to the community *Willingness to learn and follow our proven business model *High personal standards including excellence, honesty, and integrity *Ability to meet initial investment requirements Call today...Territories are going quickly in your area!