Drama Kids vs KnowledgePoints Franchise Comparison

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

Start-Up Costs and Fees
 
Drama Kids Franchise
KnowledgePoints Franchise
Investment $33,800 - $73,500$50,000 - $174,500
Franchise Fee $27,500 - $57,500$50,000 - $60,000
Royalty Fee 8%-
Advertising Fee 1%-
Year Founded 19791999
Year Franchised 19892000
Term Of Agreement 5 years10 years
Term Of Agreement 5 years10 years
Renewal Fee $2K-


Business Experience Requirements
 
Drama Kids Franchise
KnowledgePoints Franchise
Experience
  • General business experience
    		• -

    Financing Options
     
    Drama Kids Franchise
    KnowledgePoints Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/Yes-/-
    Start-up Costs No/Yes-/-
    Equipment No/Yes-/-
    Inventory No/Yes-/-
    Receivables No/Yes-/-
    Payroll No/Yes-/-

    Training & Support
     
    Drama Kids Franchise
    KnowledgePoints 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 -
    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
    KnowledgePoints Franchise
    US Expansion Yes-
    Canada Expansion No-
    International Expansion 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 KnowledgePoints

    KnowledgePoints Learning Centers provide a personal approach to basic skills tutoring. With proven results and a guarantee of success, our customized tutoring programs in reading, writing, math and study skills help ensure students at our tutoring centers reach their academic goals. All KnowledgePoints Learning Centers are run by Center Directors who complete an intense 12 week training program before being certified as a KnowledgePoints Director of Learning. Our learning centers serve students in grades Pre-K-12 who are struggling, have fallen behind or who need additional challenge. Our tutoring program consists of a diagnostic skills assessment, individualized tutoring instruction, and an effective motivational system that builds students’ skills and helps them gain the desire and confidence to succeed at the learning center, in school and in life!