Start-Up Costs and Fees |
||
| Modern Acupuncture | Macy's Vision Express | |
| Investment | 258377 - 666772 | 350000 - 685000 |
| Franchise Fee | ||
| Royalty Fee | 7% | 7% |
| Advertising Fee | 2% | |
| Year Founded | 2016 | 1996 |
| Year Franchised | 2016 | 2002 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Modern Acupuncture | Macy's Vision Express | |
| Experience | ||
Financing Options |
||
| Modern Acupuncture | Macy's Vision Express | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Modern Acupuncture | 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 |
||
| Modern Acupuncture | 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 | |
| Modern Acupuncture | |
| Macy's Vision Express | |
| Franchise Fee | |
| Modern Acupuncture | |
| Macy's Vision Express | |
| Royalty Fee | |
| Modern Acupuncture | 7% |
| Macy's Vision Express | 7% |
| Advertising Fee | |
| Modern Acupuncture | 2% |
| Macy's Vision Express | |
| Year Founded | |
| Modern Acupuncture | 2016 |
| Macy's Vision Express | 1996 |
| Year Franchised | |
| Modern Acupuncture | 2016 |
| Macy's Vision Express | 2002 |
| Term Of Agreement | |
| Modern Acupuncture | |
| Macy's Vision Express | 10 years |
| Renewal Fee | |
| Modern Acupuncture | |
| Macy's Vision Express | |
Business Experience Requirements |
|
| Experience | |
| Modern Acupuncture | |
| Macy's Vision Express | |
Financing Options |
|
| Franchise Fees | |
| Modern Acupuncture | |
| Macy's Vision Express | |
| Start-up Costs | |
| Modern Acupuncture | |
| Macy's Vision Express | |
| Equipment | |
| Modern Acupuncture} | |
| Macy's Vision Express | |
| Inventory | |
| Modern Acupuncture | |
| Macy's Vision Express | |
| Receivables | |
| Modern Acupuncture | |
| Macy's Vision Express | |
| Payroll | |
| Modern Acupuncture | |
| Macy's Vision Express | |
Training & Support |
|
| Training | |
| Modern Acupuncture | |
| Macy's Vision Express | Monthly support |
| Support | |
| Modern Acupuncture | |
| Macy's Vision Express | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Modern Acupuncture | |
| Macy's Vision Express | Co-op advertising, Ad slicks, Regional advertising |
| Operations | |
| Modern Acupuncture | |
| 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 | |
| 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 |
| Macy's Vision Express | North East, South East, |
| Canada Expansion | |
| Modern Acupuncture | |
| Macy's Vision Express | 0 |
| International Expansion | |
| Modern Acupuncture | |
| Macy's Vision Express | |