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  Home  >>  Child-Related  >>  Children's Educational Program




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E.nopi

In 1976, Daekyo introduced a new teaching methodology called E.nopi, which has enjoyed increasing success to the present day. E.nopi supplements the fundamental learning experience by preparing students for school classes and helping them to achieve maximum benefit from their academic practices. E.nopi encourages students to acquire self-motivation, independence and proactive learning methods by placing them at the center of all learning activities. Daekyo has become a global educational services provider through continuous efforts to develop a variety of educational methods that integrate online and offline programs, creating a foundation for the lifelong pursuit of learning. Daekyo has grown into Korea's top educational services provider, with approximately 2.4 million members in more than 12 countries, providing exceptional educational services and inspiring students to strive for excellence.

 

Entrepreneur magazine has ranked E.nopi in its Franchise 500 every year since 2005, in addition to recognizing the company as one of America’s Top Global Franchises. E.nopi has developed a unique product and method of implementation for a market with an established need. The benefits of owning an E.nopi Learning Center include a reasonable work/life balance, a proven system with over 30 years of experience, relatively low cost investment and a socially responsible and respected business.

 

Operating Units

12/31/2006

12/31/2007

12/31/2008

Franchised

88

92

94

% Change

--

4.5%

2.2%

Company-Owned

0

1

3

% Change

--

N/A

200.0%

Total

88

93

97

% Change

--

5.7%

4.3%

Franchised as % of Total

100.00%

98.92%

96.91%

 

Investment Required

The fee for an E.nopi franchise is $12,000, with a discount of $4,000 for franchisees opening additional franchise centers.

 

E.nopi provides the following range of investments required to open your initial franchise. The range assumes that all items are paid for in cash. To the extent that you choose to finance any of these expense items, your front-end investment could be substantially reduced.

 

Item

Established Low Range

Established High Range

Franchise Fee

$12,000

$12,000

Utility and Security Deposits

$3,000

$4,000

Leasehold Improvements

$8,000

$15,000

Computer System

$1,500

$2,000

Furniture, Fixture and Equipment

$2,000

$3,500

Signage

$2,000

$6,000

Professional Fees

$1,000

$1,500

Design and Architect Fees

$1,000

$3,000

Office Equipment and Supplies

$500

$1,200

Business License and Permits

$500

$800

Opening Inventory and Supplies

$1,500

$2,000

Grand Opening Marketing

$6,000

$6,000

Training Expenses (2 people)

$1,500

$3,000

Insurance (3 months)

$700

$1,000

Additional Funds (3 months)

$11,000

$30,000

Total Investment (does not include real estate costs)

$52,200

$91,000

 

On-going Expenses

E.nopi franchisees pay a royalty fee equal to the greater of 15% of monthly gross sales or $15 per student/subject, an advertising and development fee equal to a maximum of 1% of monthly gross sales and a required local marketing expenditure equal to a minimum of 1% of monthly gross sales.

 

What You Get—Training and Support

The franchisee (or managing owner) and one managing level employee complete a five to seven day program covering the E.nopi curriculum as well as business and center operations. Training is offered at the E.nopi training facility, in addition to on-site training at the franchisee’s location. A representative is sent to assist in the first few days of a Learning Center opening, and franchisees are advised on the advertising program for a Learning Center’s grand opening.

 

E.nopi provides additional special guidance, assistance and refresher training courses upon request. Franchise owners receive continual support through company newsletters, meetings, internet resources and a toll-free phone line.

 

Territory

E.nopi grants exclusive territories.