Eye LevelFranchise Cost, Revenue & Review 2026
Data from FDD filing + SBA 7(a) records
FranchiseVerdict summary · 2026
A Eye Level franchise requires a total initial investment of $52K – $122K, including a $5K franchise fee. The 2024 FDD does not disclose unit-level revenue (no Item 19). Verdict grade: B. Run a live ROI scan →
Data last verified June 18, 2026 · figures per the 2024 FDD issuance
Overview
- Investment
- $52K – $122K
- 14th pct Education
- Avg gross sales
- N/A
- 47th pct Education
- Royalty
- N/A
- Units
- 117
- 58th pct Education
- SBA default
- N/A
Quick verdict · Education · color = vs category peers
Green = >15% above Education avg · No shading = within ±15% · Red = >15% below avg · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Franchising since 1991. Systems this mature have refined operations and brand recognition.
Franchised units fell from 139 to 117 over 3 years. Investigate why operators are leaving.
The franchisor's auditor raised doubt about continued operations. This is a serious risk signal.
Bottom line
- Total investment $52K – $122K including a $5K franchise fee.
- No Item 19 financial performance data disclosed. The franchisor chose not to publish revenue figures.
- Verdict B (Above Average) with a risk score of 58/100.
- Auditor disclosed a going-concern note, which flagged doubt about the franchisor's ability to continue operations. Verify against the latest FDD.
Item 1 · who you're contracting with
The Franchisor
- Legal entity
- Daekyo America, Inc.
- Parent company
- Daekyo Co., Ltd.
- Incorporated in
- CA
- HQ
- 105 Challenger Road, Ridgefield Park, NJ 07660
- Auditor
- Woori CPAs LLP
- Audited financials
- Franchisor revenue
- $5.6M
- vs $5.4M prior year
- ⚠ Going-concern note
- Disclosed in FDD 2024
- Status as of 2024; may have been resolved in a later filing we don't yet have.
Overview
About
Eye Level franchisees operate after-school learning centers delivering supplemental math and English instruction to K-12 students. Daily operations include student enrollment, curriculum delivery, progress monitoring, and parent communication, with revenue tied directly to active student enrollment across multiple subjects.
- CEO
- Bada Kang
- Headquarters
- NJ
- Founded
- 1990
- FDD year
- 2024
- States available
- 15
FDD Item 7 · 2024 filing
Initial investment breakdown
| Cost component | Low | High |
|---|---|---|
| Initial franchise fee | $5K | $5K |
| Working capital (3–6 mo) | $7K | $23K |
| Equipment, build-out, other | $40K | $94K |
| Total initial investment | $52K | $122K |
Source: Eye Level 2024 FDD, Items 5 and 7[2]. “Equipment, build-out, other” is computed as total minus disclosed line items above.
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $52K – $122K
- Better than avg vs category
- Liquid capital req'd
- $7K – $23K
- Better than avg vs category
- Franchise fee
- $3K – $5K
- Better than avg vs category
- Royalty
- $36 per Subject-Student during Probationary Period and $3…
- Ad fund
- $1.00 per Subject-Student
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Transfer fee | $5K |
| Renewal fee | $1K |
Financial Performance
This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.
vs Education averages
How Eye Level Compares
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 117
- Opened
- 7
- Last reporting year
- Closed
- 10
- Turnover rate
- 8.5%
- Company-owned
- 0
- Corporate units in the system
- % franchised
- 100%
- vs corporate-owned
- Net growth (yr3)
- -2.5%
- Net unit change last year
- 3-yr CAGR
- -15.8%
- Compounded over last 3 years
3-year detail · Item 20
- Transfers (3yr)
- 5
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 12 · 15 states reported
The Territory Map
FDD Item 12 reports the state count, but the specific list isn't in our current data. The map will appear once we re-extract from the FDD or enough franchisee contacts are available.
15
states with franchisees (per FDD Item 12)
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA loan disclosures. This brand has only 6 7(a) loans on file; statistical reliability is limited below 10 loans.
- Total loans
- 6
- Loan volume
- N/A
- Amount data pending
- Median loan
- N/A
- Charge-off rate
- N/A
Historical SBA 7(a) lending data, not predictive of future performance. How SBA charge-off rates are calculated
- Repayment rate (PIF)
- N/A
- 5-yr charge-off
- N/A
- Loans approved 2021+
- Active lenders
- 0
- Defaults
- 0
Explore lender portfolios on Bank Reports or regional data on State Reports.
Risk analysis
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Eye Level presents CAUTION-level risk due to system contraction, undisclosed financials, multi-state litigation history, and unprotected territories, requiring extensive franchisee validation before investment.
Audited financials (Item 21)
Yes · Woori CPAs LLP⚠ Going-concern note flagged
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Score breakdown · what drove the 58 / 100 rating
- 01MINORUnit count declining 2.5% YoY (117 total units) signals system contraction and potential market saturation
- 02MINORNo Item 19 financial performance disclosure — unable to validate ROI claims or average unit economics
- 03HIGHMultiple state litigation actions (Washington 2016, Maryland 1996 & 2018) for franchise registration violations indicate compliance issues and franchisor credibility concerns
- 04MINORUnprotected territory creates direct competition risk between franchisees within same geography
- 05MINORPer-student royalty model ($36-$32) creates variable revenue risk dependent on enrollment volatility
- 06MINORLow franchise fee ($5,000) paired with declining units suggests weak franchisor support or declining demand
- 07HIGHGoing Concern notation indicates potential financial instability at corporate level
Severity inferred from the FDD text · not a regulatory classification
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 3 years |
|---|---|
| Renewal term | 5 years |
| Protected territory | No |
| Online sales rights | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Required |
| Non-compete (years)ℹ | 2 years |
| Right of first refusalℹ | Yes |
| Termination notice | 30 days |
| Mandatory arbitration | No |
| Jury trial waiver | Yes |
| Governing law | New Jersey |
| Litigation count | 3 |
Items 10, 11
Training & Operations
- Classroom training
- 64 hrs
- On-the-job training
- 22 hrs
- POS system
- Key & Manager
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: Key & Manager
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a Eye Level franchise?
The total investment to open a Eye Level franchise ranges from $52K – $122K, with an initial franchise fee of $5K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do Eye Level franchise owners earn?
Eye Level does not disclose average franchise owner earnings in their FDD Item 19. Not all franchisors are required to make financial performance representations. We recommend asking existing franchisees directly about their financial experience.
What is Eye Level's franchise failure rate?
SBA 7(a) loan charge-off data is not available for Eye Level (fewer than 10 loans on file). Charge-off rates are one way to gauge franchise risk, but not all franchise loans go through the SBA program. We recommend reviewing turnover and closure data in the FDD and speaking with current franchisees.
How many Eye Level franchise locations are there?
As of their most recent FDD filing, Eye Level has 117 total units in the United States, including 139 franchised units and 0 company-owned units. 7 new units were opened in the latest reporting year.
Is Eye Level a good franchise to buy?
FranchiseVerdict rates Eye Level as a B-grade franchise with a risk score of 58 out of 100, based on our analysis of investment costs, revenue data, SBA loan performance, and growth trends. Our rating is based solely on publicly available FDD and government data; we recommend speaking with current franchisees before making any investment decision. This is not investment advice.
Data sourced from public FDD filings and SBA 7(a) FOIA records. Not financial advice.
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Data extracted from public FDD filings and SBA 7(a) loan disclosures (FOIA). This information is provided for research purposes only and does not constitute financial, legal, or investment advice. Verify all figures with the franchisor's current Franchise Disclosure Document before making any investment decision.