Start-Up Costs and Fees |
||
| Macy's Vision Express | ANY LAB TEST NOW | |
| Investment | 350000 - 685000 | 133600 - 214600 |
| Franchise Fee | ||
| Royalty Fee | 7% | 8% |
| Advertising Fee | ||
| Year Founded | 1996 | 1992 |
| Year Franchised | 2002 | 2007 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Macy's Vision Express | ANY LAB TEST NOW | |
| Experience | ||
Financing Options |
||
| Macy's Vision Express | ANY LAB TEST NOW | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Macy's Vision Express | ANY LAB TEST NOW | |
| Training | Monthly support | Classroom Training: 40 hours |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | Co-op advertising, Ad slicks, Regional advertising | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing |
| 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) | Number of Employees Required to Run: 2 |
Expansion Plans |
||
| Macy's Vision Express | ANY LAB TEST NOW | |
| US Expansion | North East, South East, | 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 |
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Macy's Vision Express | |
| ANY LAB TEST NOW | |
| Franchise Fee | |
| Macy's Vision Express | |
| ANY LAB TEST NOW | |
| Royalty Fee | |
| Macy's Vision Express | 7% |
| ANY LAB TEST NOW | 8% |
| Advertising Fee | |
| Macy's Vision Express | |
| ANY LAB TEST NOW | |
| Year Founded | |
| Macy's Vision Express | 1996 |
| ANY LAB TEST NOW | 1992 |
| Year Franchised | |
| Macy's Vision Express | 2002 |
| ANY LAB TEST NOW | 2007 |
| Term Of Agreement | |
| Macy's Vision Express | 10 years |
| ANY LAB TEST NOW | |
| Renewal Fee | |
| Macy's Vision Express | |
| ANY LAB TEST NOW | |
Business Experience Requirements |
|
| Experience | |
| Macy's Vision Express | |
| ANY LAB TEST NOW | |
Financing Options |
|
| Franchise Fees | |
| Macy's Vision Express | No |
| ANY LAB TEST NOW | No |
| Start-up Costs | |
| Macy's Vision Express | |
| ANY LAB TEST NOW | |
| Equipment | |
| Macy's Vision Express} | |
| ANY LAB TEST NOW | |
| Inventory | |
| Macy's Vision Express | |
| ANY LAB TEST NOW | |
| Receivables | |
| Macy's Vision Express | |
| ANY LAB TEST NOW | |
| Payroll | |
| Macy's Vision Express | |
| ANY LAB TEST NOW | |
Training & Support |
|
| Training | |
| Macy's Vision Express | Monthly support |
| ANY LAB TEST NOW | Classroom Training: 40 hours |
| Support | |
| Macy's Vision Express | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| ANY LAB TEST NOW | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| Macy's Vision Express | Co-op advertising, Ad slicks, Regional advertising |
| ANY LAB TEST NOW | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing |
| Operations | |
| 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) |
| ANY LAB TEST NOW | Number of Employees Required to Run: 2 |
Expansion Plans |
|
| US Expansion | |
| Macy's Vision Express | North East, South East, |
| ANY LAB TEST NOW | 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 |
| Canada Expansion | |
| Macy's Vision Express | 0 |
| ANY LAB TEST NOW | |
| International Expansion | |
| Macy's Vision Express | |
| ANY LAB TEST NOW | |