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.
- Rated MODERATE with a risk score of 64/100. SBA loan default rate of 0.0% across 6 loans (below the industry average).
- Auditor disclosed a going-concern note — flagged doubt about the franchisor's ability to continue operations. Verify against the latest FDD.
Item 1 · who you're contracting with
The Franchisor
Yale framework · single-unit ROIC
Returns Analysis
Pulls Item 7 (investment) and Item 19 (revenue) from this brand's FDD into the Yale unlevered-ROIC formula. Override any input to stress-test it against your own assumptions.
The model · Yale framework
What would one Eye Level unit return on the cash you put in?
Unlevered ROIC · per unit
103%
Above typical band (30–60%)
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.
Item 7 · what it costs
The Vitals
Item 19
Financial Performance
This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.
Item 20 · unit dynamics
The Growth Chart
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)
Government records
SBA Loan Data
Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.
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.
Score breakdown · what drove the 64 / 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
Item 11
Training & Operations
Item 20
Franchisee Contacts
Phone numbers extracted directly from this brand's FDD Item 20. After purchase, you'll also receive a list of validation questions tailored to this brand.
FDD download
Eye Level · FDD (2024) PDF