Drama Kids Int'l. Inc.

#290

At a Glance

Products & Services: After-school drama classes & summer camps

Number of Locations: 196

Total Investment: $33.55K - 38.95K

Founded: 1979

Began Franchising: 1989

About Drama Kids Int'l. Inc.

In 1979, teacher Helen O'Grady began offering after-school drama classes to children in Perth, Australia. The positive response from both parents and students convinced O'Grady to open more studios. By 1987, she had opened 24 locations around Perth, operating under the Helen O'Grady Children's Drama Academy.

The company began franchising in Australia in 1989 and first offered international master licenses in 1993. In 2000, the company began operations in the United States as Drama Kids International.

Drama Kids franchisees offer children age 5 to 17 drama classes at schools, community centers and churches. The program runs on a 40-week school year basis, made up of a single hour-long session per week. Each year ends with a performance for family and friends.

Franchise Units

Year	U.S.	Canadian	International	Company Owned
2012	56	0	140	0
2011	54	0	138	0
2010	51	0	135	0
2009	42	0	133	0

Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S.

Startup Costs, Ongoing Fees and Financing

Total Investment: $33,550 - $38,950
Franchise Fee: $29,000
Ongoing Royalty Fee: 8-9%
Term of Franchise Agreement: 7 years, renewable

Financial Requirements

Net Worth: $50,000
Liquid Cash Available: $25,000

Operations

Franchise can be run from home. 4% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 4 - 4. Absentee ownership of franchise is NOT allowed..