Drama Kids vs The Honors Learning Center Franchise Comparison

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

Start-Up Costs and Fees
 
Drama Kids Franchise
The Honors Learning Center Franchise
Investment $33,800 - $73,500$64,500 - $68,700
Franchise Fee $27,500 - $57,500$25,000
Royalty Fee 8%$2.5K/mo.
Advertising Fee 1%-
Year Founded 19791987
Year Franchised 19891991
Term Of Agreement 5 years10 years
Term Of Agreement 5 years10 years
Renewal Fee $2K-


Business Experience Requirements
 
Drama Kids Franchise
The Honors Learning Center Franchise
Experience
  • General business experience

  • Marketing skills
  • Degree in education
    		•

    Financing Options
     
    Drama Kids Franchise
    The Honors Learning Center Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/YesNo/No
    Start-up Costs No/YesNo/No
    Equipment No/YesNo/No
    Inventory No/YesNo/No
    Receivables No/YesNo/No
    Payroll No/YesNo/No

    Training & Support
     
    Drama Kids Franchise
    The Honors Learning Center Franchise
    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, Grand opening, Internet, Security/safety procedures, Field operations/evaluations
    Marketing Co-op Advertising Ad Templates National Media Social media SEO Website development Email marketing Ad slicks
    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.

    		 0% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 10

    Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

    Expansion Plans
     
    Drama Kids Franchise
    The Honors Learning Center Franchise
    US Expansion YesYes
    Canada Expansion NoNo
    International Expansion YesNo

    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 The Honors Learning Center

    Sharee and Gary Miller started The Honors Learning Center as an individualized academic program. The centers' goal is to improve comprehension skills for each student by one full grade level after 36 hours of instruction. For every year since 1987, Honors students have averaged a gain of two full grade levels.

    Honors franchisees must have current state teaching certification.