Start-Up Costs and Fees |
||
| Macy's Vision Express | Modern Acupuncture | |
| Investment | 350000 - 685000 | 258377 - 666772 |
| Franchise Fee | ||
| Royalty Fee | 7% | 7% |
| Advertising Fee | 2% | |
| Year Founded | 1996 | 2016 |
| Year Franchised | 2002 | 2016 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Macy's Vision Express | Modern Acupuncture | |
| Experience | ||
Financing Options |
||
| Macy's Vision Express | Modern Acupuncture | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Macy's Vision Express | Modern Acupuncture | |
| 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 |
||
| Macy's Vision Express | Modern Acupuncture | |
| 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 | |
| Modern Acupuncture | |
| Franchise Fee | |
| Macy's Vision Express | |
| Modern Acupuncture | |
| Royalty Fee | |
| Macy's Vision Express | 7% |
| Modern Acupuncture | 7% |
| Advertising Fee | |
| Macy's Vision Express | |
| Modern Acupuncture | 2% |
| Year Founded | |
| Macy's Vision Express | 1996 |
| Modern Acupuncture | 2016 |
| Year Franchised | |
| Macy's Vision Express | 2002 |
| Modern Acupuncture | 2016 |
| Term Of Agreement | |
| Macy's Vision Express | 10 years |
| Modern Acupuncture | |
| Renewal Fee | |
| Macy's Vision Express | |
| Modern Acupuncture | |
Business Experience Requirements |
|
| Experience | |
| Macy's Vision Express | |
| Modern Acupuncture | |
Financing Options |
|
| Franchise Fees | |
| Macy's Vision Express | No |
| Modern Acupuncture | No |
| Start-up Costs | |
| Macy's Vision Express | |
| Modern Acupuncture | |
| Equipment | |
| Macy's Vision Express} | |
| Modern Acupuncture | |
| Inventory | |
| Macy's Vision Express | |
| Modern Acupuncture | |
| Receivables | |
| Macy's Vision Express | |
| Modern Acupuncture | |
| Payroll | |
| Macy's Vision Express | |
| Modern Acupuncture | |
Training & Support |
|
| Training | |
| Macy's Vision Express | Monthly support |
| Modern Acupuncture | |
| Support | |
| Macy's Vision Express | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Modern Acupuncture | |
| Marketing | |
| Macy's Vision Express | Co-op advertising, Ad slicks, Regional advertising |
| Modern Acupuncture | |
| 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) |
| Modern Acupuncture | |
Expansion Plans |
|
| US Expansion | |
| Macy's Vision Express | North East, South East, |
| Modern Acupuncture | 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 |
| Modern Acupuncture | |
| International Expansion | |
| Macy's Vision Express | |
| Modern Acupuncture | |