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Updated RecentlyOdyssey Art Centers vs KnowledgePoints Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Odyssey Art Centers vs KnowledgePoints 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 | $50,000 - $174,500 |
| Franchise Fee | $24,000 | $50,000 - $60,000 |
| Royalty Fee | 6% | - |
| Advertising Fee | - | - |
| Year Founded | 1974 | 1999 |
| Year Franchised | 1995 | 2000 |
| Term Of Agreement | 10 years | 10 years |
| Term Of Agreement | 10 years | 10 years |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | - |
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 | - | - |
| 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) | - |
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 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!