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Entrepreneur: Start & Grow Your Business

Macy's Vision Express

Optical centers

Background

Founded: 1996 Franchising since: 2002
16013 S. Desert Foothills Pkwy., #2044
Phoenix, Arizona 85048
Phone:
(480)460-4676


Where Seeking Franchisees
In the U.S. Northeast, Southeast, United states

Exclusive territories available.
Territory size: To be negotiated

Costs and Fees

Total investment: $350K-685K
Franchise fee: $15K
Ongoing royalty fee: 7%
Term of agreement: 10 years, renewable
Express/kiosk option available

Type of Financing Available
In-House Third Party
Franchise Fee No Yes
Startup Costs No Yes
Equipment No Yes
Inventory No Yes
Accounts Receivable No Yes
Payroll No Yes

Qualifications
Business Experience:
  • General business experience

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)

Training and Support

Training
  • Available at headquarters: 3 days-2 months
  • At franchisee's location: 1-2 weeks initial
  • Monthly support

Ongoing Support
  • Newsletter
  • Meetings
  • Toll-free phone line
  • Grand opening
  • Internet
  • Security/safety procedures
  • Field operations/evaluations
  • Purchasing cooperatives

Marketing Support
  • Co-op advertising
  • Ad slicks
  • Regional advertising