Start-Up Costs and Fees |
||
| Structural Elements | Macy's Vision Express | |
| Investment | 190250 - 638900 | 350000 - 685000 |
| Franchise Fee | ||
| Royalty Fee | 8% | 7% |
| Advertising Fee | 1% | |
| Year Founded | 0 | 1996 |
| Year Franchised | 0 | 2002 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Structural Elements | Macy's Vision Express | |
| Experience | ||
Financing Options |
||
| Structural Elements | Macy's Vision Express | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Structural Elements | 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 |
||
| Structural Elements | 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 | |
| Structural Elements | |
| Macy's Vision Express | |
| Franchise Fee | |
| Structural Elements | |
| Macy's Vision Express | |
| Royalty Fee | |
| Structural Elements | 8% |
| Macy's Vision Express | 7% |
| Advertising Fee | |
| Structural Elements | 1% |
| Macy's Vision Express | |
| Year Founded | |
| Structural Elements | 0 |
| Macy's Vision Express | 1996 |
| Year Franchised | |
| Structural Elements | 0 |
| Macy's Vision Express | 2002 |
| Term Of Agreement | |
| Structural Elements | |
| Macy's Vision Express | 10 years |
| Renewal Fee | |
| Structural Elements | |
| Macy's Vision Express | |
Business Experience Requirements |
|
| Experience | |
| Structural Elements | |
| Macy's Vision Express | |
Financing Options |
|
| Franchise Fees | |
| Structural Elements | |
| Macy's Vision Express | |
| Start-up Costs | |
| Structural Elements | |
| Macy's Vision Express | |
| Equipment | |
| Structural Elements} | |
| Macy's Vision Express | |
| Inventory | |
| Structural Elements | |
| Macy's Vision Express | |
| Receivables | |
| Structural Elements | |
| Macy's Vision Express | |
| Payroll | |
| Structural Elements | |
| Macy's Vision Express | |
Training & Support |
|
| Training | |
| Structural Elements | |
| Macy's Vision Express | Monthly support |
| Support | |
| Structural Elements | |
| Macy's Vision Express | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Structural Elements | |
| Macy's Vision Express | Co-op advertising, Ad slicks, Regional advertising |
| Operations | |
| Structural Elements | |
| 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 | |
| Structural Elements | 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 | |
| Structural Elements | |
| Macy's Vision Express | 0 |
| International Expansion | |
| Structural Elements | |
| Macy's Vision Express | |