Mathnasium Learning Centers vs Drama Kids Franchise Comparison

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

Start-Up Costs and Fees
 
Mathnasium Learning Centers Franchise
Drama Kids Franchise
Investment $112,750 - $149,110$33,800 - $73,500
Franchise Fee $49,000$27,500 - $57,500
Royalty Fee 10%+8%
Advertising Fee 2%+1%
Year Founded 20021979
Year Franchised 20031989
Term Of Agreement 3 years5 years
Term Of Agreement 3 years5 years
Renewal Fee -$2K


Business Experience Requirements
 
Mathnasium Learning Centers Franchise
Drama Kids Franchise
Experience
  • General business experience
  • Marketing skills
  • Must enjoy math & teaching children

  • General business experience
    		•

    Financing Options
     
    Mathnasium Learning Centers Franchise
    Drama Kids Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/YesNo/Yes
    Start-up Costs No/YesNo/Yes
    Equipment No/NoNo/Yes
    Inventory No/NoNo/Yes
    Receivables No/NoNo/Yes
    Payroll No/NoNo/Yes

    Training & Support
     
    Mathnasium Learning Centers Franchise
    Drama Kids Franchise
    Training -1 day of regional training plus annual conference. Classroom Training: 52 hours Additional Training: Via webinar Absentee Ownership Allowed
    Support Meetings, Toll-free phone line, Internet, Field operations/evaluationsPurchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform
    Marketing Ad slicks Co-op Advertising Ad Templates National Media Social media SEO Website development Email marketing
    Operations

    Number of employees needed to run franchised unit: 1

    Absentee ownership of franchise is NOT allowed.

    		 Franchise can be run from home.

    0% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 1 - 4

    Absentee ownership of franchise is NOT allowed.

    Expansion Plans
     
    Mathnasium Learning Centers Franchise
    Drama Kids Franchise
    US Expansion YesYes
    Canada Expansion NoNo
    International Expansion YesYes

    Company Overviews

    About Mathnasium Learning Centers

    Mathnasium Learning Center's franchise opportunity is an excellent blend of owning a business while making a positive impact on children. There is a growing demand for quality math instruction. Kids across the country struggle in math every day. Mathnasium presents a special opportunity for entrepreneurs to invest in themselves while enjoying the ability to motivate and inspire others. Help children discover how much fun math can be as they catch up, maintain and get ahead in their education. Mathnasium is a specialized math-only learning center franchise with learning centers in 16 countries, beyond the U.S. and Canada. Consider joining one of the largest and fastest growing U.S. franchises by contacting us today to learn about franchise opportunities and how you can open your own Mathnasium.

    The total investment necessary to begin operation of your first Mathnasium franchise ranges from $112,750 to $149, 110 . This includes $49,000 that must be paid to  Mathnasium or its affiliate. The total investment necessary to begin operation of a second or subsequent franchise ranges from $90,860 to $126,610. This includes $26,500 for each additional franchise that must be paid to Mathnasium or its affiliate.

    Veteran Incentives  25% off franchise fee

    ""     "Top   ""  "Entrepreneur
    In Franchise Business Reviews' Top 200.
    #1 in Franchise Gator's Top 100 franchises.
    #29 in Franchise 500 for 2020.
    #31 in Franchise 500 for 2021.









    About Drama Kids

    In 1979, teacher Helen O'Grady began offering after-school drama classes to children in Perth, Australia. The positive response from both parents and students convinced O'Grady to open more studios. By 1987, she had opened 24 locations around Perth, operating under the Helen O'Grady Children's Drama Academy. The company began franchising in Australia in 1989 and first offered international master licenses in 1993. In 2000, the company began operations in the United States as Drama Kids International.
    Drama Kids franchisees offer children age 5 to 17 drama classes at schools, community centers and churches. The program runs on a 40-week school year basis, made up of a single hour-long session per week. Each year ends with a performance for family and friends.

    Seeking new franchise units Worldwide  

    The total investment necessary to begin operation of a Drama Kids franchised business with a standard territory is between $33,800 and $43,500. This includes $27,500 that must be paid to the franchisor or its affiliate(s).
    The total investment necessary to begin operation of a Drama Kids franchised business with an optional expanded territory is between $33,800 and $73,500. This includes $57,500 that must be paid to the franchisor or its affiliate(s).

    #287 in Franchise 500 for 2020.