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Updated RecentlyOdyssey Art Centers vs Grade Learning Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Odyssey Art Centers vs Grade Learning 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 | $85,000 - $100,000 |
| Franchise Fee | $24,000 | $30,000 |
| Royalty Fee | 6% | 10% |
| Advertising Fee | - | - |
| Year Founded | 1974 | 1993 |
| Year Franchised | 1995 | 1993 |
| 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 | -/- |
| Start-up Costs | No/No | -/- |
| Equipment | No/No | -/- |
| Inventory | No/No | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
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| Training | - | Prior to opening, the franchisee attends our initial training program that lasts approximately eight days. Training will, unless otherwise stated, take place at our Head Office in Mississauga, Ontario. The franchisee and their staff must also attend such additional or supplemental training courses and seminars and franchisee meetings of such duration as the franchisor may deem reasonably necessary. |
| Support | Newsletter, Meetings, Grand opening, Internet, Purchasing cooperatives | Operating assistance and training on a continuing basis. Our franchisees attend quarterly franchisee meetings, regular conference calls, webinars, conventions and manager meetings, where they have the opportunity to learn new skills, stay up-to-date with Grade Learning news and provide input, assistance and support in the building, launching and refining of current and new programs. |
| 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 | Yes |
| 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 Grade Learning
With our GRADE heritage of success and growth, we create futures for you and your students. Make a Difference. Supported by a system that has been perfected over more than 17 years, our owners are trained to start and manage thriving campuses. When you join the Grade Learning family, we become your partners in making your campus a success. From site selection to decor, from training to marketing, we provide you with all the tools to develop a thriving education business that will surprise you with its performance. Fast Facts Grade Learning campuses provide education and training to people of all ages. We are Canadian owned and operated with locations throughout Ontario. Our staff of certified (B.Ed., TESL and Microsoft Office Specialist) teachers and qualified Career College Instructors lead small classes in comfortable, professional environments. Our proprietary teaching methodology is designed to help students achieve better educational and employment outcomes.