Start-Up Costs and Fees |
||
| Smile Source | Macy's Vision Express | |
| Investment | 27800 - 435000 | 350000 - 685000 |
| Franchise Fee | ||
| Royalty Fee | 7% | |
| Advertising Fee | ||
| Year Founded | 2006 | 1996 |
| Year Franchised | 2006 | 2002 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Smile Source | Macy's Vision Express | |
| Experience | ||
Financing Options |
||
| Smile Source | Macy's Vision Express | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Smile Source | 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 |
||
| Smile Source | Macy's Vision Express | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | North East, South East, |
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Smile Source | |
| Macy's Vision Express | |
| Franchise Fee | |
| Smile Source | |
| Macy's Vision Express | |
| Royalty Fee | |
| Smile Source | |
| Macy's Vision Express | 7% |
| Advertising Fee | |
| Smile Source | |
| Macy's Vision Express | |
| Year Founded | |
| Smile Source | 2006 |
| Macy's Vision Express | 1996 |
| Year Franchised | |
| Smile Source | 2006 |
| Macy's Vision Express | 2002 |
| Term Of Agreement | |
| Smile Source | |
| Macy's Vision Express | 10 years |
| Renewal Fee | |
| Smile Source | |
| Macy's Vision Express | |
Business Experience Requirements |
|
| Experience | |
| Smile Source | |
| Macy's Vision Express | |
Financing Options |
|
| Franchise Fees | |
| Smile Source | |
| Macy's Vision Express | |
| Start-up Costs | |
| Smile Source | |
| Macy's Vision Express | |
| Equipment | |
| Smile Source} | |
| Macy's Vision Express | |
| Inventory | |
| Smile Source | |
| Macy's Vision Express | |
| Receivables | |
| Smile Source | |
| Macy's Vision Express | |
| Payroll | |
| Smile Source | |
| Macy's Vision Express | |
Training & Support |
|
| Training | |
| Smile Source | |
| Macy's Vision Express | Monthly support |
| Support | |
| Smile Source | |
| Macy's Vision Express | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Smile Source | |
| Macy's Vision Express | Co-op advertising, Ad slicks, Regional advertising |
| Operations | |
| Smile Source | |
| 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 | |
| Smile Source | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Macy's Vision Express | North East, South East, |
| Canada Expansion | |
| Smile Source | |
| Macy's Vision Express | 0 |
| International Expansion | |
| Smile Source | |
| Macy's Vision Express | |