Odyssey Art Centers vs Stemtree Franchise Comparison

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

Start-Up Costs and Fees
 
Odyssey Art Centers Franchise
Stemtree Franchise
Investment $28,700 - $56,200$83,800 - $149,800
Franchise Fee $24,000$39,500
Royalty Fee 6%8%
Advertising Fee -2%
Year Founded 19742014
Year Franchised 19952016
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements
 
Odyssey Art Centers Franchise
Stemtree Franchise
Experience --

Financing Options
 
Odyssey Art Centers Franchise
Stemtree Franchise
  In-House/3rd PartyIn-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
 
Odyssey Art Centers Franchise
Stemtree Franchise
Training - On-The-Job Training: 8 hours Classroom Training: 30 hours
Support Newsletter, Meetings, Grand opening, Internet, Purchasing cooperatives Ongoing Support Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Site Selection Franchisee Intranet Platform
Marketing - Co-op Advertising Ad Templates 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)

-

Expansion Plans
 
Odyssey Art Centers Franchise
Stemtree Franchise
US Expansion -Yes
Canada Expansion No-
International Expansion NoYes

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 Stemtree

"Stemtree

The STEMTREE franchise model offers education services that focus on the core curricula of science, technology, and engineering.
STEMTREE’s programs nurture each student’s inner scientist through innovative, engaging, and hands-on learning experience, built upon a solid foundation of scientific curricula, giving each student the edge for success in today’s schools and the world.
Whether achieving higher grades in the classroom, helping students become successful science professionals or engineers, or simply instilling and cultivating an appreciation and a deep understanding of science and technology, STEMTREE offers after-school programs, with or without student pick-ups, one-on-one tutoring, educational camps, home-school study programs, and even birthday parties and event-based programs.
Stemtree was founded on the idea that nothing is more important than enriching the lives of others; now we want to extend that service to our franchisees.
Stemtree has a strong potential ROI for a franchise owner. With reasonable overhead and a low startup cost for the education industry, the concept is financially sound. We do not guarantee any success or levels of profitability, but with a large margin for error, a franchisee can be much less effective than our projections and still have a successful business.

STEMTREE’s business model requires a fixed commercial location comprising approximately 1,500 to 2,500 square feet of space.

Veteran Incentives  10% off franchise fee