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- 2023 Franchise 500 Rank
#469 Not ranked last year
- Initial investment
$34K - $74K
- Units as of 2022
206 13% over 3 years
Drama Kids International was founded in 1979 as a children's after-school acting program that believes in the value of instilling self-confidence and self-esteem in its students. Since its opening, Drama Kids has received international recognition for its programs that help kids build life skills. Kids aged 4 to 18 have benefitted from Drama Kids' programs that seek to build creative thinking, public speaking, creativity, and social skills in kids worldwide.
Over the past 35 years, Drama Kids has enrolled an average of 15,000 students each year, highlighting its popularity as an after-school drama program. With over 60 franchises in the United States to go along with more than 150 international franchises, Drama Kids has continued to succeed.
Why You May Want to Start a Drama Kids Franchise
The drama program's curriculum is original, fun, creative, and has a scale for advancement that adjusts to each child's pace as they grow and learn. The Drama Kids programs, workshops, and camps have yielded positive results and many happy customers.
Some of the most attractive programs under the Drama Kids umbrella include the Drama Kids Preschool Workshops, Drama Kids at School, and the Drama Kids Summer Camps. The consideration of students from all school levels may make Drama Kids a great partner to students’ continuous growth and development.
What Might Make a Drama Kids Franchise a Good Choice?
To be part of the Drama Kids team, you should make sure you're financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for ongoing fees that will include advertising, royalty, and potential renewal fees. Franchisees will also need to meet the company's set net worth and liquid capital requirements.
Drama Kids franchisees are offered the opportunity to run the business as a part-time business and/or a home-based business, increasing the flexibility that you may be offered as a franchisee.
The ideal candidate for the Drama Kids franchise family is an individual who loves to work with children and is passionate about growing their potential.
How To Open a Drama Kids Franchise
To begin the process of opening your own Drama Kids franchise, start by completing an informational form. After this, Drama Kids officials may reach out to allow you to know more about the franchise as they get to know you, too.
The benefits of joining the Drama Kids franchise start with a comfortable training schedule that adapts to your needs as a franchisee. At the start, Drama Kids offers a multi-day initial training followed by on-the-job training in the first year of operation. Additionally, as a family company that believes in the value of training, Drama Kids seeks to ensure that all franchisees acquire marketing, administration, teaching, and management skills before opening.
If your values align with Drama Kids' expectations, it may be the right place to launch your business and transform your community.
About Drama Kids
- Children's Businesses
- Parent Company
- Drama Kids
- Faith Clark, President
- Corporate Address
15271 McGregor Blvd., #16-282
Fort Myers, FL 33908
- Franchising Since
- 1989 (34 years)
- # of employees at HQ
- Where seeking
This company is offering new franchisees worldwide.
This company is offering new franchisees in the following US states: Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, District of Columbia, Delaware, Florida, Georgia, Iowa, Idaho, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Michigan, Missouri, Mississippi, Montana, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, Vermont, Wisconsin, West Virginia, Wyoming
- # of Units
- 206 (as of 2022)
Information for Franchisees
Here’s what you need to know if you’re interested in opening a Drama Kids franchise.
Financial Requirements & Ongoing Fees
Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
- Initial Franchise Fee
Definition: The initial fee paid to a franchisor to join their system
What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor. This fee is usually due at the signing of the franchise agreement and covers the right to use the franchisor's trademarks, name, and related business systems.
- Initial Investment
- $33,800 - $73,500
Definition: The total amount necessary to begin operation of the franchise
What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital. This is outlined in a chart in Item 7 of the FDD, showing a range of possible costs from low to high.
- Net Worth Requirement
Definition: The minimum net worth you must have in order to qualify to become a franchisee of this company
What you need to know: Net worth is the value of a person's assets minus liabilities. Assets include cash, stocks, retirement accounts, and real estate. Liabilities include items like mortgages, car payments, and credit card debt.
- Cash Requirement
Definition: The minimum liquid capital you must have available in order to qualify to become a franchisee of this company.
- Veteran Incentives
- 10% off franchise fee
Definition: A discount or other incentive offered to military veterans who buy a franchise with this company.
- Royalty Fee
Definition: A ongoing fee paid to the franchisor on a regular basis.
What you need to know: Most franchisors require franchisees to pay an ongoing royalty fee, which is detailed in Item 6 of the FDD. This fee is typically a percentage of weekly or monthly gross sales, but may also be a flat weekly, monthly, or annual fee.
- Ad Royalty Fee
Definition: An going fee paid to the franchisor on a regular basis to support advertising or marketing efforts.
What you need to know: This may also be called advertising fee, marketing fee, brand fund fee, and more, but the basic purpose is the same-- to support promotion of the brand systemwide. As with the royalty fee, it is detailed in Item 6 of the FDD, and can be a percentage of weekly or monthly gross sales or a weekly, monthly, or annual fee.
- Term of Agreement
- 7 years
Definition: The length of time your franchise agreement will last.
What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease. Once your term is up, you may have the option to renew your agreement, typically for a smaller fee than the original franchise fee.
- Is franchise term renewable?
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
- Third Party Financing
- Drama Kids has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
- On-The-Job Training
- 25 hours
- Classroom Training
- 18 hours
- Ongoing Support
Purchasing Co-opsNewsletterMeetings & ConventionsToll-Free LineGrand OpeningOnline SupportSecurity & Safety ProceduresLease NegotiationField OperationsSite SelectionProprietary SoftwareFranchisee Intranet Platform
- Marketing Support
Co-op AdvertisingAd TemplatesNational MediaRegional AdvertisingSocial MediaSEOWebsite DevelopmentEmail MarketingLoyalty Program/App
Additional details about running this franchise.
- Is absentee ownership allowed?
Definition: Absentee ownership means that the franchisee does not actively work in the franchise business or manage day-to-day operations.
- Can this franchise be run from home/mobile unit?
Definition: The business can be run from your home and/or a vehicle, and it is not necessary to have a retail facility, office space, or warehouse.
- Can this franchise be run part time?
Definition: This business can be run by the owner on a part-time basis (less than 40 hours per week) and/or as a side business; it is not necessary for the business to be open/run full-time.
- # of employees required to run
- Are exclusive territories available?
Definition: An exclusive territory is a fixed area in which you are given the right to operate and in which no other units of the same franchise may be opened.
What you need to know: Territory size may be based on factors such as radius, population size, zip codes, and more. Details can be found in Item 12 of the FDD.
Interested in ownership opportunities like Drama Kids? Request a free consultation with a Franchise Advisor now.
Franchise 500 Ranking History
Compare where Drama Kids landed on this year’s Franchise 500 Ranking versus previous years.
Curious to know where Drama Kids ranked on other franchise lists? Find out below.
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