Drama Kids vs CompuChild Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Drama Kids vs CompuChild including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$33,800 - $73,500 | $14,900 - $29,900 |
Franchise Fee |
$27,500 - $57,500 | $7,500 - $12,500 |
Royalty Fee |
8% | Varies |
Advertising Fee |
1% | - |
Year Founded |
1979 | 1994 |
Year Franchised |
1989 | 2001 |
Term Of Agreement |
5 years | 5 years |
Term Of Agreement |
5 years | 5 years |
Renewal Fee |
$2K | - |
Business Experience Requirements |
Experience |
General business experience | General business experience Marketing skills |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
No/Yes | No/No |
Start-up Costs |
No/Yes | No/No |
Equipment |
No/Yes | No/No |
Inventory |
No/Yes | No/No |
Receivables |
No/Yes | No/No |
Payroll |
No/Yes | No/No |
Training & Support |
Training |
1 day of regional training plus annual conference.
Classroom Training: 52 hours
Additional Training: Via webinar
Absentee Ownership Allowed
| - |
Support |
Purchasing Co-ops
Newsletter
Meetings/Conventions
Toll-Free Line
Grand Opening
Online Support
Security/Safety Procedures
Field Operations
Proprietary Software
Franchisee Intranet Platform
| Newsletter, Meetings, Toll-free phone line, Internet |
Marketing |
Co-op Advertising
Ad Templates
National Media
Social media
SEO
Website development
Email marketing
| National media |
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 - 4
Absentee ownership of franchise is NOT allowed. |
Franchise can be run from home.
10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1
Absentee ownership of franchise is allowed. (99% of current franchisees are owner/operators) |
Expansion Plans |
US Expansion |
Yes | - |
Canada Expansion |
No | No |
International Expansion |
Yes | Yes |
Company Overviews
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.
About CompuChild
COMPUCHILD has been offering STEAM (Science, Technology, Engineering, Art and Math) based enrichment classes to children in the United States since 1994. With their unique emphasis on Entrepreneurial STEAMâ„¢, COMPUCHILD'S programs help kindle the spirit of learning and innovation for the social good at a very young age.
As a CompuChild Program Director, you join an organization that is 100% committed to your success. We provide comprehensive training and on-going support to ensure you achieve the level of success you desire. CompuChild works with one of the nation's leading franchise development firms to ensure that our franchise program provides cutting-edge training, communication and support systems necessary to ensure our franchisees success.
You begin your business with 3 days of comprehensive training conducted in your territory (including our working with you to secure your initial clients). Your training includes a complete review of the operational policies and procedures important to your business, which are all detailed in our Confidential Operations and Policies Manual. You will also receive the forms and materials necessary to operate your business.
In addition, you are encouraged to interact with other Program Directors who will reinforce the most effective methods of securing clients, generating students, promoting your classes and other important aspects of your business. You will love the camaraderie enjoyed by our Program Directors who work together for the benefit of the entire organization.
As a CompuChild franchisee, you can be confident in your ability to operate your business, whether you have previous business experience or not. Although you will enjoy the benefits of owning your own business, you will not be operating your business alone. CompuChild provides the assistance and support you desire to ensure your success as we work together to make CompuChild the world's leader in preschool computer education.