| ||||
Updated RecentlyOdyssey Art Centers vs Bragnam Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Odyssey Art Centers vs Bragnam including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $28,700 - $56,200 | $30,000 - $100,000 |
| Franchise Fee | $24,000 | $30,000 |
| Royalty Fee | 6% | 15% |
| Advertising Fee | - | $30000 |
| Year Founded | 1974 | 2013 |
| Year Franchised | 1995 | 2013 |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | - | - |
Business Experience Requirements |
||
| Experience | - | Graduate in any Discipline |
Financing Options |
||
| 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 |
||
| Training | - | Onsite |
| Support | Newsletter, Meetings, Grand opening, Internet, Purchasing cooperatives | Onsite |
| 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) | Need to have a space at least 1500 sq ft. |
Expansion Plans |
||
| US Expansion | - | - |
| Canada Expansion | No | - |
| International Expansion | No | Yes |
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 Bragnam
Bragnam learning is working in various verticals of education domain like pre schools,Abacus,Online Education and Skill Development. Having expertise in the mentioned fields, Bragnam is offering franchise opportunities to aspirants who want to serve society along with earning revenues healthy enough to maintain good reputation in society. Bragnam is offering curriculum exclusively designed to aid in teaching of equipments provided by Bragnam to it's franchise. Teaching is based on advanced techniques along with best of Montessori techniques. Having a strong and successful network of franchises, Bragnam have made wonderful presence in market.