Drama Kids vs Odyssey Art Centers Franchise Comparison

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

Start-Up Costs and Fees
 
Drama Kids Franchise
Odyssey Art Centers Franchise
Investment $33,800 - $73,500$28,700 - $56,200
Franchise Fee $27,500 - $57,500$24,000
Royalty Fee 8%6%
Advertising Fee 1%-
Year Founded 19791974
Year Franchised 19891995
Term Of Agreement 5 years10 years
Term Of Agreement 5 years10 years
Renewal Fee $2K-


Business Experience Requirements
 
Drama Kids Franchise
Odyssey Art Centers Franchise
Experience
  • General business experience
    		• -

    Financing Options
     
    Drama Kids Franchise
    Odyssey Art Centers 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
    Odyssey Art Centers 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, Purchasing cooperatives
    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.

    		 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
     
    Drama Kids Franchise
    Odyssey Art Centers Franchise
    US Expansion Yes-
    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 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.