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Below is an in-depth analysis and side-by-side comparison of Eye Level vs Viva the Chef including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $52,318 - $121,650 | $200,000 - $500,000 |
Franchise Fee | $5,000 | $35,000 |
Royalty Fee | $32-$36/subject/mo. | 6% |
Advertising Fee | $1/subject/mo. | - |
Year Founded | 1976 | 2003 |
Year Franchised | 1991 | 2004 |
Term Of Agreement | 5 years | 5 years |
Term Of Agreement | 5 years | 5 years |
Renewal Fee | - | $5K |
Business Experience Requirements |
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Experience | - | |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | No/Yes |
Start-up Costs | No/No | No/Yes |
Equipment | No/No | No/Yes |
Inventory | No/No | No/Yes |
Receivables | No/No | No/Yes |
Payroll | No/No | No/Yes |
Training & Support |
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Training | 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 | - | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
Marketing | - | National media, Regional advertising |
Operations |
Number of employees needed to run franchised unit: 10 - 15
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
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Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | No | No |
International Expansion | Yes | Yes |
NO LONGER FRANCHISING