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Below is an in-depth analysis and side-by-side comparison of Eye Level vs smART Explorers 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 | $27,500 |
Franchise Fee | $5,000 | $19,500 |
Royalty Fee | $32-$36/subject/mo. | 7% |
Advertising Fee | $1/subject/mo. | - |
Year Founded | 1976 | 2006 |
Year Franchised | 1991 | 2007 |
Term Of Agreement | 5 years | - |
Term Of Agreement | 5 years | - |
Renewal Fee | - | - |
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/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 |
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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 | - | - |
Marketing | - | - |
Operations | * Franchise can be run from home * 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 | - |
International Expansion | Yes | Yes |
NO LONGER FRANCHISING