LearningRx vs Eye Level Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of LearningRx vs Eye Level including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$90,000 - $149,000 | $52,318 - $121,650 |
Franchise Fee |
$25,000 | $5,000 |
Royalty Fee |
7% -8% | $32-$36/subject/mo. |
Advertising Fee |
3% | $1/subject/mo. |
Year Founded |
1986 | 1976 |
Year Franchised |
2003 | 1991 |
Term Of Agreement |
10 years | 5 years |
Term Of Agreement |
10 years | 5 years |
Renewal Fee |
$5K | - |
Business Experience Requirements |
Experience |
- | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
No/No | No/No |
Start-up Costs |
No/No | No/No |
Equipment |
No/No | No/No |
Inventory |
No/No | No/No |
Receivables |
No/No | No/No |
Payroll |
No/No | No/No |
Training & Support |
Training |
As a brain training company, we value initial and ongoing training very highly. Our training includes a 2-day job shadowing with one of our franchisees prior to our 10-day training in Colorado Springs, CO. The 10-day franchise training covers our over 200 proprietary training procedures, marketing, public relations, business operations, networking, testing, administration, hiring, and much more.
Our brain trainers are trained on-site by the franchisee, using over 40 hours of online material as well as 20-30 hours of in-person training and observation. We also offer ongoing training and support via our Helpdesk (phone and email support) and quarterly calls with our support team. | All of our franchisees go through our seven-day training program prior to their location's opening, during which they learn about:
* The principles of the Eye Level program
* Effective marketing of their Eye Level learning center
* The Eye Level Global Dream System
* Eye Level Math, English Curriculum
* Diagnostic testing and parent consulting
* Learning center operations
* Devising solid business plans
* And more |
Support |
We know that the success of our franchisees is our success. Valuable support is a top priority for us, and we strive to help our franchisees however possible. Our support team is led by a former franchisee and LearningRx parent, who understands the day-to- day running of a center firsthand. We also have a marketing and business coach, who will help our first-year franchisees create and implement their 12-month business plan and offer ongoing support of business operations. The support team also runs the helpdesk, which is available by phone and email and boasts a very fast turnaround.
We provide a franchise operations system designed to support all of your business needs from site selection and build out to launch marketing and sales prospecting. We are continually introducing new Brain Balance programs, products and services to increase your sales opportunities. Through national media exposure, training and consulting by program creator and co-founder, Dr. Robert Melillo renowned researcher, lecturer and author of several best sellers including, Disconnected Kids, Reconnected Kids and his latest book, Autism | - |
Marketing |
We offer new materials on a regular basis across multiple platforms: social media, print, TV, radio, PPC, SEO, etc.
You can also join a voluntary marketing co-op where applicable.
*National PR exposure *Exposure Across the Digital Landscape *Web-based Requisition System for Customized Marketing Materials *Local Marketing Guidance | - |
Operations |
10% of all franchisees own more than one unit
Number of employees needed to run franchised unit: 3 - 3
Absentee ownership of franchise is allowed. (67% of current franchisees are owner/operators)
|
|
Expansion Plans |
US Expansion |
Yes | - |
Canada Expansion |
Yes | No |
International Expansion |
No | Yes |
Company Overviews
About LearningRx
In the 1980's, brothers Dr. Ken Gibson and Dr. Keith Gibson--
a specialist in visual processing and a clinical psychologist,
respectively-- sought a way to help people with learning difficulties to
learn more quickly and easily. They developed a series of short,
intense training exercises to improve concentration and recall
abilities. Once this method proved successful in trials, they continued
to test and enhance the program with input from other specialists in
education, medicine and psychology, in order to help students with
attention problems, dyxlexia, memory problems and other learning
disabilities to improve their cognitive skills.
Dr. Ken Gibson began franchising under the name LearningRx in 2003, and
is currently the company's CEO.
Veteran Incentives 10% off franchise fee
Part of the Entrepreneur Franchise 500® 7 years in a row!
About Eye Level
Eye Level, a supplemental education and enrichment program, offers a teaching philosophy and education method where self-directed learning, individualized academic coaching, and critical thinking are at the core of helping children improve and excel in their academic pursuits.
Daekyo America Franchise History
Daekyo was founded in South Korea in 1976 by Young Joong Kang, PhD. Over the next 20 years, Dr. Kang's fresh approach to supplemental education would transform the industry. By 1999, Daekyo was the most recognized education brand in South Korea. Daekyo began franchising in the United States in 1991. Eye Level has more than 190 centers in the U.S., and more than 780
additional locations throughout the world.
#95 in Gator's Top franchises.
#184 in Franchise 500 for 2020.