Odyssey Art Centers Franchise

Art education classes

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.

Start-up Costs & Franchises Fees

What is the total cost to open a Odyssey Art Centers Franchises?

Total Cost: $28,700-$56,200
Total Franchise Fees: $24,000 USD
Ongoing Royalty Fees: 6%
Ongoing Advertising Fees:
Term of Agreement: 10 years

Contact Information for Odyssey Art Centers

Odyssey Art Centers Box 512 Tarrytown, NY 10591

Phone Number: (914)631-7148 Fax Number: (914)631-8337 Franchise Homepage:

Odyssey Art Centers In the Press

No results at this time.

Historical Expansion

In what year did Odyssey Art Centers begin operations? 1974
When did Odyssey Art Centers begin selling franchises? 1995

Year	United States	Canada	International	Corporate
2005	2	0	0	1
2004	2	0	0	1
2003	2	0	0	1
2002	2	0	0	1
2001	3	0	0	1

Franchise Financing Information

Cost	In House Financing Available?	3rd Party Financing Available?
Franchise Fee	No	No
Initial Start-up Capital	No	No
Plant, Property, and Equipment	No	No
Inventory	No	No
Accounts Receivable	No	No
Payroll	No	No

Training & Support

Support
In the Pressletter, Meetings, Grand opening support, Internet referrals, Purchasing cooperatives

Franchise Operation Restrictions

This franchise can be run as a home based business franchise.

0% of all franchise business owners own more than one franchise location.

Number of employees needed to run franchised unit: 1

Absentee ownership of this franchise business is not available to new franchisees. (100% of current franchise business owners are owner/operators)

Franchise Analyzer Professional's Inside Information

Can you buy this franchise for no money down? Yes
What key terms in the franchise agreement can be negotiated? Cross-default provisions, arbitration clause, personal guarantee, default cure periods, non-compete agreement, favorable valuations for corporate buyout
Can you negotiate lower royalties during start-up? Yes
Can you purchase multiple franchises for a discounted franchise fee? Yes
Can you receive lower advertising fees? Yes
Will I know when the franchise break even? Yes
Will my personal assets including my home be safe in case my franchise business fails? Yes

Please note: You must download a free copy of Franchise Analyzer Professional to receive these benefits and so much more. Click here to download your FREE copy now.