| ||||
Updated RecentlyOdyssey Art Centers vs Best in Class Education Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Odyssey Art Centers vs Best in Class Education including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $28,700 - $56,200 | $62,800 - $121,880 |
| Franchise Fee | $24,000 | $32,000 - $35,000 |
| Royalty Fee | 6% | 12% |
| Advertising Fee | - | 2% |
| Year Founded | 1974 | 1988 |
| Year Franchised | 1995 | 2011 |
| Term Of Agreement | 10 years | 5 years +5+5+5 |
| Term Of Agreement | 10 years | 5 years +5+5+5 |
| Renewal Fee | - | - |
Business Experience Requirements |
||
| Experience | - | You do not necessarily need to be a teacher or hold a current teaching certificate to join the Best in Class franchise system. We do look for franchise owners who have Bachelor's Degrees or higher, and some experience in working with children. Franchisees should also have a passion for teaching or working with students, plus the right business/customer relations skills, and a solid work ethic. We also want franchise owners who will be dedicated to the operations and growth of their Best in Class Education Centers. |
Financing Options |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/No | -/Yes |
| Start-up Costs | No/No | -/Yes |
| Equipment | No/No | -/Yes |
| Inventory | No/No | -/Yes |
| Receivables | No/No | -/Yes |
| Payroll | No/No | -/Yes |
Training & Support |
||
| Training | - | We will provide pre-opening training for franchisees for up to five days at our corporate headquarters, plus up to three days of onsite support during your initial months of operations. On-The-Job Training: 30 hours Classroom Training: 40 hours |
| Support | Newsletter, Meetings, Grand opening, Internet, Purchasing cooperatives | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software |
| Marketing | - | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email 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) | The Best in Class Education concept focuses on students of all ages, offering tailored teaching material that encourages them to learn at their own pace. By offering numerous courses, our franchisees benefit from multiple revenue streams. |
Expansion Plans |
||
| US Expansion | - | - |
| 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 Best in Class Education
Best in Class provides tailored lessons to help students build confidence and mastery in their academic work.
Our programs develop concept acquisition, critical thinking, and application of skills. Our math and English curricula follow Common Core Standards, helping prepare students for academic and standardized tests as well as everyday challenges.
We motivate and encourage students to learn the principles of mathematics and English in a rewarding way. Our teachers monitor student progress on homework and tests to ensure that they are on track and receiving the help they need.
At Best in Class, your children will gain a sense of confidence in and excitement for learning.
If you have a passion for education and a real desire to invest in your future -- and the future of young students in your local area -- a Best in Class Education Center may be the key to opening the doors to the future. For more information on the many benefits of the Best in Class franchise program, for franchise owners and their communities, contact us at [email protected] or 425.880.2688.Seeking new franchise units throughout the U.S., Canada and Central America