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.
