Start-Up Costs and Fees |
||
| MEDIchair | Macy's Vision Express | |
| Investment | 350000 - 350000 | 350000 - 685000 |
| Franchise Fee | ||
| Royalty Fee | 5% of annual gross sales | 7% |
| Advertising Fee | ||
| Year Founded | 1985 | 1996 |
| Year Franchised | 0 | 2002 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| MEDIchair | Macy's Vision Express | |
| Experience | ||
Financing Options |
||
| MEDIchair | Macy's Vision Express | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| MEDIchair | Macy's Vision Express | |
| Training | Monthly support | |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | |
| Marketing | Co-op advertising, Ad slicks, Regional advertising | |
| Operations | 75% of all franchisees own more than one unit Number of employees needed to run franchised unit: 8 - 15 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | |
Expansion Plans |
||
| MEDIchair | Macy's Vision Express | |
| US Expansion | North East, South East, | |
| Canada Expansion | 0 | 0 |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| MEDIchair | |
| Macy's Vision Express | |
| Franchise Fee | |
| MEDIchair | |
| Macy's Vision Express | |
| Royalty Fee | |
| MEDIchair | 5% of annual gross sales |
| Macy's Vision Express | 7% |
| Advertising Fee | |
| MEDIchair | |
| Macy's Vision Express | |
| Year Founded | |
| MEDIchair | 1985 |
| Macy's Vision Express | 1996 |
| Year Franchised | |
| MEDIchair | 0 |
| Macy's Vision Express | 2002 |
| Term Of Agreement | |
| MEDIchair | |
| Macy's Vision Express | 10 years |
| Renewal Fee | |
| MEDIchair | |
| Macy's Vision Express | |
Business Experience Requirements |
|
| Experience | |
| MEDIchair | |
| Macy's Vision Express | |
Financing Options |
|
| Franchise Fees | |
| MEDIchair | |
| Macy's Vision Express | |
| Start-up Costs | |
| MEDIchair | |
| Macy's Vision Express | |
| Equipment | |
| MEDIchair} | |
| Macy's Vision Express | |
| Inventory | |
| MEDIchair | |
| Macy's Vision Express | |
| Receivables | |
| MEDIchair | |
| Macy's Vision Express | |
| Payroll | |
| MEDIchair | |
| Macy's Vision Express | |
Training & Support |
|
| Training | |
| MEDIchair | |
| Macy's Vision Express | Monthly support |
| Support | |
| MEDIchair | |
| Macy's Vision Express | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| MEDIchair | |
| Macy's Vision Express | Co-op advertising, Ad slicks, Regional advertising |
| Operations | |
| MEDIchair | |
| Macy's Vision Express | 75% of all franchisees own more than one unit Number of employees needed to run franchised unit: 8 - 15 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| MEDIchair | |
| Macy's Vision Express | North East, South East, |
| Canada Expansion | |
| MEDIchair | 0 |
| Macy's Vision Express | 0 |
| International Expansion | |
| MEDIchair | |
| Macy's Vision Express | |