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Updated RecentlyOdyssey Art Centers vs Futura Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Odyssey Art Centers vs Futura including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $28,700 - $56,200 | $33,000 - $45,000 |
| Franchise Fee | $24,000 | N/A |
| Royalty Fee | 6% | - |
| Advertising Fee | - | - |
| Year Founded | 1974 | 2001 |
| Year Franchised | 1995 | 2006 |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | We are looking for professionals with a passion for teaching Spanish to children in the community and who have a desire to grow and manage a successful business. The ideal franchisee is also an excellent communicator both verbally and written, who has an absolute motivation for success. This individual should also be organized and successful at multi-tasking. It is not necessary to have a teaching background or even fluency in the Spanish language. You will be trained on the various Futura curriculums, our teaching methods, as well as techniques necessary to train your local instructors. You should have a love for working with children and a passion for the Spanish language and its many cultures. These two things make promoting Spanish instruction for children contagious! |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/No | -/- |
| Start-up Costs | No/No | -/- |
| Equipment | No/No | -/- |
| Inventory | No/No | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
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| Training | - | Training at our headquarters for four intensive days *Additional training onsite at your location *Monthly conference calls *Unlimited electronic and telephone support. |
| Support | Newsletter, Meetings, Grand opening, Internet, Purchasing cooperatives | - |
| 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 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | Your primary responsibility will be growing Futura in your specified territory, by selling and promoting the program to schools, Community Education/Recreation Departments, and parents. You will manage the schools and recreation departments with whom you partner, as well as the local teachers who work for you. You will be also responsible for training all of your local teaching staff and assuring their success in Futura classrooms |
Expansion Plans |
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| US Expansion | - | - |
| Canada Expansion | No | - |
| International Expansion | No | - |
Company Overviews
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.
About Futura
Are you a professional who is interested in owning your own business? Bienvenidos! Congratulations on choosing Futura Language Professionals as your franchise of choice. With our ever growing global nation, the need to learn Spanish at a young age is becoming of utmost importance. A Futura Language Professionals Spanish language franchise allows you to do what you love-Promote a love of the Spanish language and its many cultures to children. Since 2001 our long-term Spanish enrichment programs have positively affected the lives and growth of thousands of children in the local community. Futura Language Professionals' Spanish programs are completely community-based and all classes are held onsite in the local community in collaboration with local schools, recreation departments and community education departments. This means that our classes are not only very convenient for our students and families, but also that there is no need to lease or rent any space, eliminating high overhead costs. Futura Language Professionals' Franchise Owners work from their homes, creating a cost savings to both the owners and Futura families. By working within the community, we continue to foster our mission of being a Community-based Spanish school. Territories throughout the United States are available. "If you don't follow your dreams, you will be working for someone who did."-Anonymous