A dramatic company is waiting for you with the largest and most well-known drama program in the world is produced by Drama Kids International in the USA. It was named the second-best children’s enrichment franchise in 2011 by Entrepreneur magazine. They are not in the theatre industry. They are a company that teaches! Their franchise owners are people who want to create a vibrant, enjoyable, and prosperous business by combining their knowledge of child development and business acumen. In reality, they have a variety of backgrounds, particularly in the areas of business, education, and child development.I shall elaborate and give you a review of the Drama kids franchise opportunity.
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What is the Drama Kids franchise?
A progressive curriculum used by Drama Kids businesses enables students to develop leadership, teamwork, and social interaction skills, public speaking, acting, confidence, self-esteem, and a positive outlook on life. Drama Kids businesses offer drama-based programs for kids and teenagers ages 4 to 17 through these programs. The franchisor grants licenses to operate Drama Kids businesses using its “DRAMA KIDS” trademarks, trade names, service marks, and logos.
What does Drama Kids Franchise Offer?
They provide carefully chosen franchises owners with the chance to create a successful, home-managed company that offers a variety of drama-related educational programs, primarily for kids and young adults, using a progressive curriculum that allows students to have some serious fun while also enabling them to develop important skills in a wide range of important areas, such as
- Public Speaking,
- Acting,
- Leadership,
- networking, and social skills are all important.
- Self-Esteem and Confidence
Who is the Ideal Drama Kids Franchise Owner?
An individual who enjoys working with kids and is dedicated to helping them reach their full potential is the ideal fit for the Drama Kids franchises family. The possibility of operating the Drama Kids franchises as a part-time or home-based business is provided to franchisees, enhancing the amount of freedom that may be provided to you as a franchisee. The curriculum for the drama program is unique, enjoyable, and creative, and it has a progression scale that adapts to each child’s rate of learning and growth.
Facts That Nobody Told You About Drama Kids Franchise
- The Drama Kids franchises curriculum is created to help children gain confidence, self-esteem, and effective public speaking and acting skills while also having a blast.
- Drama Kids does not have an “enrollment time,” which restricts the number of families who can enroll. This gives the program a huge competitive advantage over other child-related businesses.
- Drama Kids’ In-School Programs are provided in schools as a part of the after-school program, frequently with the support of the PTA or PTO of the school. Drama Kids’ unmatched ability to go where the kids are, whether through its Community Programs or In-School Programs, is a significant competitive advantage.
| Drama Kids Franchise Information | |
| Industry Type | Education Franchises |
| Sub Category | Children Education Franchises |
| Year Established | 1979 |
| Company Name | Drama Kids International Inc |
| Founder/Management Head | Faith Clark, President |
| Franchising Started | 1989 (33 years) |
| Franchise Expansion Plan | The United States |
| Number of Units | 206 (as of 2022) |
| Number of Franchise Units | 60 |
| Social Media Handles | |
| Youtube | |
| Company Office Location | Fort Myers, Florida |
What are Drama Kids Franchise Requirements
When you’re thinking about creating a new franchise, it’s important to think about the basics. For example, what are the requirements for Drama Kids? In order to create a Drama Kids franchises, you’ll need to have a series of books, movies, and other products. Additionally, you’ll need to have a strong fan base in order to keep the franchise going. You’ll also need to make sure that your products are popular and well-made.
- The minimum Net Worth Requirement is $50,000
- Minimum Cash Requirement is $30,000
How much does a Drama Kids franchise cost in the United States
The Drama Kids franchises cost is range from $35,000 to $ 75,000.
| Drama Kids Franchise Initial and On-going Franchise Cost | |
| Drama Kids Franchise Fee | $ 27,500 |
| Drama Kids Franchise Cost | $35,000 – $75,000 |
| Royalty Fee | 8% |
| Advertising Fee | 1 % |
| Term of Agreement | 7 years |
| Is franchise term renewable? | Yes, |
| Renewable Franchise Fees | 50% of Initial Franchise fees |
Drama Kids Franchise Training
At the moment, the first training comprises six hours of on-the-job training and 37 hours of classroom teaching. The initial training session must be attended and successfully completed by any new substitute managers that franchisees appoint before they are given control over the operation of the Drama Kids enterprise. Franchisees must also attend the first three annual national franchisee conferences at a place the franchisor specifies, take part in continuous training, and pay a convention fee if the franchisor hosts an annual meeting of all franchisees.
Drama Kids Franchise Operations
The franchisor mandates that franchisees either run their Drama Kids business themselves or appoint a manager who has received their approval. The manager will be primarily in charge of liaising with the franchisor regarding the Drama Kids business and must satisfy the franchisor’s requirements. The manager must be in charge of the day-to-day operations of the Drama Kids company and have the necessary authority.
How is Drama Kids Franchise Territory Granted
Franchisees will be granted an exclusive territory for their Drama Kids business. The franchisor may impose an optional enlarged territory fee of $0.50 per qualifying household if a standard territory has more than 40,000 qualifying households. Based on the region’s location, population composition, and other important demographic variables, the territory is established.
Does Drama Kids Franchise provide Financial Assistance?
The franchisor does not provide any kind of financial assistance.
Pros & Cons of Owning a Drama Kids Franchise
Pros include
- A recession-resistant company Drama Kids. Parents value the attention to their children’s growth that Drama Kids provides at a very affordable price.
- We provide a home-based enterprise. This eliminates commutes. No time is lost waiting in gridlock. It implies that you are always accessible to handle early-morning family matters before starting your workday.
- You will need a lot of self-motivation with this much spare time. At our low-cost children’s franchise, we are looking for self-starters who thrive in an environment where they are in control of their own future. These individuals should be independent, vivacious, goal-oriented, and hardworking.
Cons include
- If you invest all your money at once, you might not have money to spend on other things required at the school.
- To enter the market, franchisees need to invest far more money than other businesses. Because you are more vulnerable and in need of assistance at this moment, franchisors frequently charge a large franchise fee up front, which raises the financial requirements.
- You are only granted the legal right to run the franchise for a predetermined number of years when you franchise. You are left with nothing at the end of that time period, not even the value of the goodwill you diligently built up within the company.
How much do Drama Kids franchise owners make?
The Average annual unit income (AUV) of a Drama Kids franchises owner is $80,695 as per the latest franchises disclosure document.
What is Drama Kids franchise profit?
To determine the Drama kids franchises profit, I shall assume the profit margin to be 15 to 20%.On the basis of the drama kids AUV, the annual franchises profit is $12,105 to $16,140.
You can expect to recoup your investment within 3 to 5 years, which is slightly higher for this home-based business opportunity.
Is the Drama Kids franchise worth the investment?
Yes, it is worth the investment.
The Drama Kids franchises is definitely worth the investment. The series is full of excitement, humor, and heart. Overall, the franchise opportunity is a must-go for any individual inclined toward children’s learning and drama.
What are Drama Kids franchise reviews
One of the franchisees of Drama Kids of Columbus said, She was highly motivated to take action for my personal growth and development. By utilizing a class schedule that she set up and manage, Drama Kids gives her the means to participate as a teacher and, more recently, as a trainer of teachers. She can still have the pleasure of teaching acting classes while still being a wonderful wife and mother.
Franchise Deck Analysis and Overview on Drama Kids
If you are interested to work around kids and believe in the idea of Drama Kid’s franchises then this is what has been waiting for you all way long. Do not wait, just grab the opportunity to own this franchise. They offer benefits and many more opportunities if you are associated with them. Overall they will help you make more profit for you in your life.
| Competition Analysis of Drama Kids Franchise | ||||||
| Drama Kids | Cost to Franchise | Franchisee Fees | Royalty + Ad fees | Expected Profit | Recoup of Capital | FD Rating |
| Drama Kids Franchise | $33,800 – $73,500 | $27,500 | Royalty fee- 8% Ad fee- 1% | Not disclosed | Not Disclosed in FDD | 3.9/5.0 |
| Goddard School Franchise | $135,000 | $135,000 | Ongoing Royalty Fee: 7%Ad Royalty Fee 2% | $373,000 a year | $954k | 3.5/5.0 |
| Tutor Doctor | $138,995 | $69,700 | Royalty Fee is 8% and Ad fee is 2% | approximatel y net profit per month is $18651.38 | Not disclosed in the document | 3.5/5.0 |
| School of Rock | USD $322,500 – $521,100 | USD $49,000 | Royalty fee is 8% of gross sales and Ad fee is Up to 3% of gross sales. | $305,815 (66.9%) | Not disclosed in FDD | 4.0/5.0 |
| Mathnathesium | $149,155 | $49,000 | Royalty fee is 10% | 15-25% of the average franchise sales | 3.23 years to 4.30 years is the time for recoup of the capital | 3.0/5.0 |
| Baby Power Forever Kids | $125,000 – $150,000 | $25,000 | $300 – $400 in year is the royalty fee | Not disclosed in FDD | Not disclosed in FDD | 3.0/5 |
The Franchise Deck rating for the Drama Kids franchise is 3.7/5.0.
Conclusion
The ideal low-cost, home-based top franchise business for sale is Drama Kids. It offers you the exceptional chance to work with children. It is made for people looking for a fantastic investment opportunity that also enables them to change the world while being passionate about what they do. Drama Kids offers distinctive franchise opportunities in many different cities around the nation. This excellent franchise business for sale, which offers fantastic activities for kids, is ready for you to take advantage of it in your neighborhood.
Entrepreneurs who want to open a franchise in the children’s education franchise opportunities categories can look at
- Legacy Academy Franchise
- Kumon franchise
- Kiddie academy franchise
- School of Rock franchise
- Goddard School Franchise
- MATHNASIUM Franchise
- Huntington Franchise
Frequently Asked Questions (FAQs)
- Is the Drama Kids franchise profitable?
Yes, drama kids is a profitable franchise opportunity.
- Can you make money owning Drama Kids?
Yes, they offer to start your own business.
- Is Drama Kids a franchise?
Yes, drama kids is a low-cost and home-based franchise opportunity in the Children Education space.
- How do Drama Kids franchises make money?
It is a franchise business that provides a unique opportunity to work with kids by teaching them drama and other programs as a medium to make money.
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