Drama Kids vs Eye Level Franchise Comparison

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

Start-Up Costs and Fees
 
Drama Kids Franchise
Eye Level Franchise
Investment $33,800 - $73,500$52,318 - $121,650
Franchise Fee $27,500 - $57,500$5,000
Royalty Fee 8%$32-$36/subject/mo.
Advertising Fee 1%$1/subject/mo.
Year Founded 19791976
Year Franchised 19891991
Term Of Agreement 5 years5 years
Term Of Agreement 5 years5 years
Renewal Fee $2K-


Business Experience Requirements
 
Drama Kids Franchise
Eye Level Franchise
Experience
  • General business experience
    		• -

    Financing Options
     
    Drama Kids Franchise
    Eye Level 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
    Eye Level Franchise
    Training 1 day of regional training plus annual conference. Classroom Training: 52 hours Additional Training: Via webinar Absentee Ownership Allowed All of our franchisees go through our seven-day training program prior to their location's opening, during which they learn about: * The principles of the Eye Level program * Effective marketing of their Eye Level learning center * The Eye Level Global Dream System * Eye Level Math, English Curriculum * Diagnostic testing and parent consulting * Learning center operations * Devising solid business plans * And more
    Support Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform -
    Marketing Co-op Advertising Ad Templates National Media 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 - 4

    Absentee ownership of franchise is NOT allowed.

    Expansion Plans
     
    Drama Kids Franchise
    Eye Level Franchise
    US Expansion Yes-
    Canada Expansion NoNo
    International Expansion YesYes

    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 Eye Level

    Eye Level, a supplemental education and enrichment program, offers a teaching philosophy and education method where self-directed learning, individualized academic coaching, and critical thinking are at the core of helping children improve and excel in their academic pursuits. Daekyo America Franchise History Daekyo was founded in South Korea in 1976 by Young Joong Kang, PhD. Over the next 20 years, Dr. Kang's fresh approach to supplemental education would transform the industry. By 1999, Daekyo was the most recognized education brand in South Korea. Daekyo began franchising in the United States in 1991. Eye Level has more than 190 centers in the U.S., and more than 780 additional locations throughout the world.

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    #95 in Gator's Top franchises.
    #184 in Franchise 500 for 2020.