|  
 | ||||
Below is an in-depth analysis and side-by-side comparison of smART Explorers vs Arcadia Academy of Music including start-up costs and fees, business experience requirements, training & support and financing options.
| Start-Up Costs and Fees | ||
| Investment | $27,500 | $100,000 - $150,000 | 
| Franchise Fee | $19,500 | $25,000 | 
| Royalty Fee | 7% | - | 
| Advertising Fee | - | - | 
| Year Founded | 2006 | 1984 | 
| Year Franchised | 2007 | 1998 | 
| Term Of Agreement | - | - | 
| Term Of Agreement | - | - | 
| Renewal Fee | - | - | 
| 
 Business Experience Requirements | ||
| Experience | - | - | 
| 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 | - | - | 
| Support | - | - | 
| Marketing | - | - | 
| Operations | * Franchise can be run from home * Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | - | 
| Expansion Plans | ||
| US Expansion | Yes | - | 
| Canada Expansion | - | - | 
| International Expansion | Yes | - | 
NO LONGER FRANCHISING