Top 100 Franchises
2016
Eye Level is a systematic, individualized program that caters to students of all abilities by utilizing a unique and proven learning method. This allows each child to have a customized starting point based on their ability, regardless of age or school grade. Each child’s study progression will depend upon the student’s pace of learning. Eye Level was ranked #68 in Entrepreneur’s Franchise 500 in 2015. With the support, services, and materials provided by its parent company Daekyo, Eye Level franchisees across the country have made their business ownership dreams a reality.
| Year | Franchised | Change | Company-Owned | Change | Total | Change |
|---|---|---|---|---|---|---|
| 2014 | 226 | 4.63% | 5 | 25.0% | 231 | 5.0% |
| 2013 | 216 | 22.73% | 4 | 100.0% | 220 | 23.6% |
| 2012 | 176 | -- | 2 | -- | 178 | -- |
Investment Required
The initial franchise fee for an Eye Level Learning Center is $20,000. Eye Level provides the following range of investments required to open your initial franchise. The range assumes that all items are paid for in cash. To the extent that you choose to finance any of these expense items, your front-end investment could be substantially reduced.
| Item | Established Low Range | Established High Range |
|---|---|---|
| Initial Franchise Fee | $20,000 | $20,000 |
| Booklet Security Deposit | $5,000 | $5,000 |
| Rent | $1,300 | $4,000 |
| Lease Security Deposit | $0 | $5,000 |
| Leasehold Improvements | $20,000 | $60,000 |
| Furniture, Fixtures, Equipment, Signage, and Supplies | $7,000 | $9,000 |
| Professional Fees | $1,000 | $3,000 |
| Design and Architect Fees | $1,000 | $2,000 |
| Computer and Tablets | $1,500 | $2,000 |
| Business License and Permits | $100 | $200 |
| Criminal Background Check | $18 | $50 |
| Pre-Opening Marketing | $6,000 | $6,000 |
| Expenses While Training | $250 | $3,000 |
| Insurance (12 months) | $800 | $1,200 |
| Payroll Cost for Employees (3 months) | $1,620 | $3,600 |
| Additional Funds (3 months) | $10,000 | $15,000 |
| Total Initial Investment | $75,588 | $139,050 |
Ongoing Expenses
Franchisees are required to pay continuing service and monthly royalty fees of $36-$29 per Subject Student, based on the total number of Subject Students enrolled, with a minimum royalty of $1,044 after one year of operation. Other fees include an enrollment royalty fee of $15 times the number of newly enrolled students for each reporting month, a Play Math continuing service and royalty fee of $30-$25 per Play Math student depending on the number of subjects, and a brand development fund of $1 per subject-student, among others.
What You Get: Training and Support
Franchisees must complete up to 3.5 hours of independent self-directed learning prior to being enrolled in a five-day centralized initial training program to take place in Ridgefield Park, NJ. Eye Level's regional offices will provide intensive 2-day opening support to a franchisee when a new center is opened, and a Follow Up training session is held after a center has been open 3 - 5 months. Eye Level will continue to offer advice and guidance regarding the daily operations of the franchise, as well as conduct inspections and additional training programs when requested.
Territory
Eye Level Learning Centers are granted limited, protected territories.
Note: The tables and information regarding the number of operating units, investment required, ongoing expenses, training and territory grants were taken from the company's 2015 FDD.
2015
Eye Level is a systematic, individualized program that caters to students of all abilities utilizing a unique and proven learning method. This allows each child to have a customized starting point depending on their ability, regardless of his/her age and/or school grade. Each child’s study progression will depend on the student’s pace of learning. Eye Level was ranked #68 in Entrepreneur’s Franchise 500 in 2015. With the support, services, and materials provided by its parent company Daekyo, Eye Level franchisees across the country have made their business ownership dreams a reality.
| Year | Franchised | Change | Company-Owned | Change | Total | Change |
|---|---|---|---|---|---|---|
| 2013 | 216 | 22.73% | 4 | 100.0% | 220 | 23.6% |
| 2012 | 176 | 37.5% | 2 | 0.0% | 178 | 36.92% |
| 2011 | 128 | -- | 2 | -- | 130 | -- |
Investment Required
The initial franchise fee for an Eye Level Learning Center is $20,000. Eye Level provides the following range of investments required to open your initial franchise. The rage assumes that all items are paid for in cash. To the extent that you choose to finance any of these expense items, your front-end investment could be substantially reduced.
| Item | Established Low Range | Established High Range |
|---|---|---|
| Initial Franchise Fee | $20,000 | $20,000 |
| Rent | $1,500 | $4,500 |
| Security Deposit | $0 | $5,000 |
| Leasehold Improvements | $20,875 | $60,000 |
| Furniture, Fixtures, and Equipment | $2,500 | $4,000 |
| Professional Fees | $1,000 | $3,000 |
| Design and Architect Fees | $1,000 | $3,000 |
| Office Equipment, Computer, Opening Inventory, & Supplies | $2,000 | $4,000 |
| Business License and Permits | $100 | $1,500 |
| Grand Opening Marketing | $6,000 | $6,000 |
| Expenses While Training | $500 | $4,000 |
| Insurance (12 months) | $1,000 | $1,500 |
| Payroll Cost for Employees (3 months) | $1,620 | $3,600 |
| Additional Funds (3 months) | $10,000 | $15,000 |
| Total Initial Investment | $68,095 | $135,100 |
Ongoing Expenses
Franchisees are required to pay continuing service and monthly royalty fees of $36-$29 per Subject Student, based on the total number of Subject Students enrolled, with a minimum royalty of $1,044 after one year of operation. Other fees include an enrollment royalty fee of $15 times the number of newly enrolled students for each reporting month, a Play Math continuing service and royalty fee of $30-$25 per Play Math student depending on the number of subjects, and a brand development fund of $1 per subject-student, among others.
What You Get: Training and Support
Franchisees must complete up to 85 hours of independent self-directed learning prior to being enrolled in a three-day centralized initial training program to take place in Ridgefield Park, NJ. An additional 16-36 hours of self-directed learning will also be required to complete before attending the three-day regional training program that will also take place in Ridgefield Park. Eye Level will continue to offer advice and guidance regarding the daily operations of the franchise, as well as conduct inspections and additional training programs when requested.
Territory
Eye Level Learning Centers grants limited protected territories.
Note: The tables and information regarding the number of operating units, investment required, ongoing expenses, training and territory grants were taken from the company's 2014 FDD.
2014
Eye Level is a systematic, individualized program that caters to students of all abilities utilizing a unique and proven learning method. This allows each child to have a customized starting point depending on their ability, regardless of his/her age and/or school grade. Each child’s study progression will depend on the student’s pace of learning. Eye Level was ranked #89 in Enterprise’s Franchise 500 in 2011. With the support, services, and materials provided by its parent company Daekyo, Eye Level franchisees across the country have made their business ownership dreams a reality.
| Year | Franchised | Change | Company-Owned | Change | Total | Change |
|---|---|---|---|---|---|---|
| 2012 | 176 | 37.5% | 2 | 0.0% | 178 | 36.92% |
| 2011 | 128 | 19.63% | 2 | 0.0% | 130 | 19.27% |
| 2010 | 107 | -- | 2 | -- | 109 | -- |
Investment Required
The initial fee to purchase an Eye Level Learning Center franchise is $20,000. Eye Level provides the following range of investments required to open your initial franchise. The rage assumes that all items are paid for in cash. To the extent that you choose to finance any of these expense items, your front-end investment could be substantially reduced.
| Item | Established Low Range | Established High Range |
|---|---|---|
| Initial Franchise Fee | $20,000 | $20,000 |
| Rent | $1,500 | $4,500 |
| Security Deposit | $0 | $5,000 |
| Leasehold Improvements | $20,875 | $60,000 |
| Furniture, Fixtures, and Equipment | $2,500 | $4,000 |
| Professional Fees | $1,000 | $3,000 |
| Design and Architect Fees | $1,000 | $3,000 |
| Office Equipment, Computer, Opening Inventory, & Supplies | $2,000 | $4,000 |
| Business License and Permits | $100 | $1,500 |
| Grand Opening Marketing | $6,000 | $6,000 |
| Expenses While Training | $500 | $4,000 |
| Insurance (12 months) | $1,000 | $1,500 |
| Payroll Cost for Employees (3 months) | $1,620 | $3,600 |
| Additional Funds (3 months) | $10,000 | $15,000 |
| Total Initial Investment | $68,095 | $135,100 |
Ongoing Expenses
Franchisees are required to pay continuing service and monthly royalty fees of $36-$29 per Subject Student, based on the total number of Subject Students enrolled, with a minimum royalty of $1,044 after one year of operation. Other fees include an enrollment royalty fee of $15 times the number of newly enrolled students for each reporting month, a Play Math continuing service and royalty fee of $40-$36 per Play Math student depending on the number of subjects, and a brand development fund of $1 per subject-student, among others.
What You Get: Training and Support
Franchisees must complete up to 85 hours of independent self-directed learning prior to being enrolled in a four-day centralized initial training program to take place in Ridgefield Park, NJ. An additional 16-36 hours of self-directed learning will also be required to complete before attending the three-day regional training program that will also take place in Ridgefiel Park. Eye Level will continue to offer advice and guidance regarding the daily operations of the franchise, as well as conduct inspections and additional training programs when requested.
Territory
Eye Level grants limited protected territories.
Note: The tables and information regarding the number of operating units, investment required, ongoing expenses, training and territory grants were taken from the company's 2013 FDD.
